Who are you to say what is too "complex" for the average person to trade? Why take away a legitimate tool to help us hedge down turns with inverse funds or make up for losses with leveraged funds? Brokers already require we read documents and know the risks associated.
How about you worry about something that actually matters like naked short selling, short selling in general
We believe in free markets and grown people does not have to be babysit. As an investor if I loose money or gain is only my responsibility and I understand that. Trading with leverage products is like any other bet in life, more risk more possible rewards. I just try to keep my allocation small. I think rather than limiting, you guys should focus on making sure anyone read and sign waivers of the
The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA’s mission is to protect America’s investors by making sure the securities industry operates fairly and honestly.
Along with their responsibilities to the securities industry, FINRA employees have responsibilities to all of FINRA’s other
Summary
In February 2012, pursuant to an SEC order, FINRA established an accounting support fee (GASB Accounting Support Fee) to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB). The GASB Accounting Support Fee is collected on a quarterly basis from member firms that report trades to the Municipal Securities Rulemaking Board (MSRB). Each member firm’s
Comments: Please do not restrict my access or use of leveraged ETFs. During the 2 years of the pandemic when no one in the family had work, trading leveraged ETFs constituted the main source of income to sustain the family. They may be 'complex products' but the ETF company manages the products, not the investor. As long as the risks are understood and investments are closely monitored
I am generally of the opinion that leveraged ETFs, like Options, are not appropriate for most investors. While I would support these being available in accounts marked "Aggressive Growth" or "Trading" for account objective, their inclusion in retirement account like IRAs should be restricted due to the extreme potential for volatility. I am also of the opinion that these
I have been investing using leveraged and inverse funds for some time now. These funds allow me to protect my portfolio without going to a pure cash position when the fed creates a downturn in the economic cycle. It has been especially critical in the last 9 months. The government will also lose taxes on these gains when the markets are in a decline if restrictions are put in place. I already
We should be able to choose the public investments that are right for us and our family. Public investments should be available to all of the public, not just the privileged. I'd been trading the stock market for more than 20 years, I am totally understand leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my
The use of leveraged and inverse funds are no riskier than any other investment vehicle. It is all about asset allocation. Leveraged and inverse funds also help to balance and protect my portfolio. As a retail investor, trading options and utilizing leveraged and inverse funds are virtually the only ways to protect my portfolio from market declines or a bear market. This proposed regulation
This ruling goes against the rights of all types of investors. You will have millions of u.s. investors leave the markets for good, if the markets can only go up with no inverse to be a cobtrarian vehicle to the ebbs and flows of the market. Shame on finra lately and the top 5%. Let the class warfare begin. Shame on you guys over at govt. agencies. Specially the tsp plans of the military to shut
