I am an adult. I, not regulators, can decide what investments are right for me. No tests or proof of a "high net worth" are necessary to determine the appropriateness of where and how I invest my money. Why should only the wealthy have the freedom to invest their funds as desired? My success in investing in leveraged and inverse funds is important to my overall financial strategy, and
I want to firmly protest the proposed restrictions on inverse trading being considered. Concise cautions for inverse funds are appropriate as is regulatory oversight to prevent fraud in their operation as should be applied to all financial instruments. In my dealings regarding inverse funds precautions are already supplied by the funds themselves and the brokerages like Charles Schwab that
Summary
FINRA reminds firms to evaluate their exposure to LIBOR (formerly, the London Interbank Offered Rate), and review their preparedness to manage LIBOR’s phase-out. To understand how firms are preparing for that phase-out, FINRA surveyed a representative cross-section of member firms, including some firms with significant trading volume or positions in LIBOR-linked securities. This Notice
FINRA Reminds Firms of Their Responsibilities Concerning IRA Rollovers
Re: Request for Comment on Day Trading Rules (Regulatory Notice 24-13)To Whom It May Concern:Jake P. Noch Family Office, LLC. (“JPN Family Office” or “we”) appreciates the opportunity to comment on FINRA’s review of the rules governing day trading and pattern day trading (the “Rules”). We commend FINRA for periodically reassessing the Rules in light of evolving market conditions, technological
Regulation of these critical investment tools is wrong. Okay to buy long only equity index etfs and leveraged long etfs but not inverse etfs or leveraged inverse etfs ? Come on people why arent individual investors allowed to make money no matter the market direction? I recall the federal government tried to ban short selling financial stocks and indexes during the financial crisis in fall of
Comments: Dear Finra ,
I am a 90 year old (young) combat veteran of the Korean War , the stock market wars of the 1960's and '70's' and , for the better part of my working career , NYC taxi-owner driver .
Each situation requires an investment of a sort . My point in this limited space , is , if people don't do "due diligence"
I am a retired financial executive with over 30 years of corporate finance and accounting experience. Additionally, I have a Master Degree in International Financial Management. My ability to understand my investing decisions is high. I have used ProShares products as a hedge in protecting some of my equity investments. Especially now, they have been useful tool for managing my portfolio. I
I am a regular individual investor currently investing in multiple leveraged etfs. Just because I am not in the 1% or a part of a major financial cooperation does not mean that I do not have the ability to study, learn, comprehend and weigh the risks of using the same financial instruments that professionals use. To regulate instruments like leveraged ETFs is an insult to retail investors like
I would like to request that FINRA not restrict our ability to purchase leveraged and inverse funds.
Modern Portfolio Theory postulates that our main resource for profit is a function of risk. Almost any investment can have its risk dialed up or down to meet our financial needs.
So, it is prudent to allow all investors the ability to decide for themselves and take personal responsibility for
