I am heavily invested in leveraged products as part of my long term investment plan. I am only invested in etfs or etns which reflect indexes or sectors that I am confident will go up over the long term. I am ok with regulators asking investors about income or experience level, but there shouldn't be any sort of ban on leveraged products. We are adults and should have the legal right to
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 6897(b) (CAT Cost Recovery Fees) to implement a historical Consolidated Audit Trail (“CAT”) recovery assessment designed to permit FINRA to recoup its contributions to recoverable historical costs of the National Market System Plan Governing the Consolidated Audit Trail incurred prior to January 1, 2022.
Please do not regulate these Inverse funds! They are a vital part of my trading strategies! I understand the risks involved and I plan accordingly.
I strongly oppose your planned limitations on leveraged ETFs. I dont need regulators to tell me what is good for me.
Firms have shared the following ways they have used prior FINRA publications, such as Exam Findings Reports, Priorities Letters and Reports on FINRA’s Examination and Risk Monitoring Program, to enhance their compliance programs. Firms may consider these practices, if relevant to their business model. We welcome feedback on how our firms use FINRA publications.Assessment of Applicability:
I plan on investing in the present and future in leveraged and inverse funds. I oppose any legislation that restricts access to invest in these funds. Thank you
I have been investing almost 30 years using leverage and complex ETF. this new rule will impact my retirement plan.
Comments: please do not stop selling these financial instruments. There are an important part of my whole financial plan. Regards, Brian T. Baker
Hello,
As an active investor, recently retired, my family and I depend on intelligent use of leveraged ETFs to grow and sustain our portfolio.
I oppose any restrictions on retail investors to use leveraged, inverse or volatility index related ETFs.
These leveraged ETFs are simply a reasonably straight forward alternative investment, which generally consists of options contracts related
[REDACTED] FINRA for considering such a [REDACTED] idea. Another way to snub the freedom of retail investors. Dumb [REDACTED] making this plan can [REDACTED].
