This act is another form of financial oppression. The motives for why these ETF's are having access revoked is because the retail investor/general public can make too much money in eyes of the financial industry. They are not revoking access to protect us, the retail investors. They are revoking access to protect themselves, the financial institutions, from losing too much to retail
The types of investments that could potentially be impacted by SEC Proposed Rule #S7-24-15 is lengthy and diverse, including Leveraged and Inverse Funds, and can legitimately be incorporated as part of a comprehensive investment strategy. These are publicly traded instruments and I am an experienced, educated, and informed investor. I should NOT need to jump through additional hoops to be "
Want to make the most impact? 1st Stop insider trading in house, senate beyond. The fact that you don't address this issue shows who and what you care about. 2nd End share buy backs that inflate perceived value of corp. 3rd Have independently chosen board members on corporate boards and make them accountable to their share holders. Thanks for your time, but I doubt that you listen and WE as
I've been investing in the stock markets, bond market, I've traded options and futures as well as currencies for 4 decades, and I do not want to be limited in any way as it relates to investing for example in the stock market if I decide I want to leverage long or short positions or use inverse funds to reach my investment goals. I've been doing this for over 40 years now, and I
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
I would appreciate FINRA supporting people like me who wish to trade ETFs and leveraged ETFs especially in IRA accounts where we can control the gains and losses in our accounts. In my case I have over 50 years experience in the markets and would prefer making my own decisions without interference from outside sources. Shorts arent allowed in some accounts and the only way to protect holdings in
I have been trading 3x leveraged funds for 12 years, namely TQQQ but many others including UDOW which I consider a very safe investment long term.
I started my journey investing when my companies pension plan was paid out. I received 17,568 dollars that I rolled into an IRA. I have grown that initial investment into hundreds of thousands of dollars for my family and myself for retirement. I
First let me say that I am a Roosevelt supporter (Teddy and FDR), not anti-government.
I have traded ProFunds, which offers shorts and leverage, for about ten years. ProFunds is my favorite fund family.
I do not have an advisor or broker, and I never have or will. Common knowledge is that advisors underperform markets by the amount of their fees.
What regulators should do, if our bribed
I am extremely disappointed to hear about yet another regulation to come from this already overreaching authority. I am an individual investor and these leveraged products have played an important role in my portfolio for over a decade. I have used them to both limit my risk and to enhance returns. As an example, I wanted exposure to the S&P 500 but also wanted to hedge a portion of
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Executive Summary
On September 28, 1995, the Securities and Exchange Commission (SEC) approved proposed changes to NASD® rules governing index, currency, and currency index warrants. The amended rules:
revise the listing criteria for stock index warrants;
specify the customer margin