please don’t close or restrict leveraged ETFs. Those are for many years and people made money. If you saw a risk on those you should take action when market was hot during November 2021. Retail investors like me lost money on stock market. If you close or restrict trading thess probably I will not get back my money. I think this is a regulatory scam. Request your kind consideration to have those
Thank you for the opportunity to appear today to discuss the important work that the Financial Industry Regulatory Authority, or FINRA, is doing to fulfill our mission under the federal securities laws to protect investors and safeguard market integrity while facilitating vibrant capital markets.
I am against the proposal, S7-24-15, to restrict trading in leveraged funds. My wife and I depend on leveraged ETFs as part of our investments strategy, and we should continue to have that freedom, as I take the time to research investments in order to make the best choices for our accounts. That is my right as a citizen of this country. If my investments decline, that's on me and I accept
Please do not limit my ability to invest in public investments just because Im not certified in some special way. These are for the public not just those special few who get to trade pre and post market while the rest of us can only watch. I am intelligent enough to learn then invest. The government need not protect everyone for every conceivable event. Investing is inherently risky and those who
I am a small private investor with a great deal of experience however I might not measure up to your new strict standards.That concerns me as I use these investments as short term hedging vehicles. I shouldn't have to go through a special process to qualify, what brokerages have in place now is very adequate. Your proposed new rules would make these products the exclusive trading grounds of
I have personally been an investor for years and utilise leveraged investment products to boost my returns. I know the risks involved and choose to use a small portion of my overall money invested in these products to supplement standard, non-leveraged mutual and exchange traded funds. The leveraged funds are already regulated and restricted to have limited offerings. Taking away more freedom to
Please do not further restrict or regulate public trading in leveraged ETFs. My family uses several leveraged ETFs to smooth our investment risk over time (temporal diversification). Leveraged ETFs are easy and tax-efficient means to increase our investment exposure early in our accumulation phase so that we can take less risk near the end of the accumulation phase. Additional regulation will
I am shocked to hear that the regulators are considering restrictions to leveraged funds. Leveraged funds are significantly safer compared to option trades and outright shorting. For example, I use TQQQ to go long and SQQQ to go short NASDAQ, instead of outright shorting NDX. Imagine amount of capital required by small investor who wants to short NDX - or QQQ for that matter - there is no better
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SEC Approves New FINRA Rule 4524 Requiring the Filing of Supplemental FOCUS Information and a Supplementary Schedule to the Statement of Income (Loss) Page of the FOCUS Report
