INFORMATIONAL
Initial Public Offerings (IPOs)
Voluntary Effective Date: December 23, 2003
Mandatory Effective Date: March 23, 2004
SUGGESTED ROUTING
KEY TOPICS
Corporate Financing
Institutional
Legal & Compliance
Operations
Senior Management
Syndicate
Trading & Market Making
Training
Free-Riding and
Comments: I like trading leveraged and inverse ETFs and don't want additional limits placed on the investors. I understand the risks and believe that additional limits on these investments will only hurt the small investor while big Wall Street firms can do what they want. It is important for FINRA not to hurt the small investor.
Comments: Please allow average investors like me to trade on the "complex products" - including leveraged and inverse funds (L&I Funds). Today 4/29/2022, Amazon trades down about 13% or -$386.93 @ $2505.00, which is a bigger swing than the TECS or SQQQ. Which one is a bigger risk?
No enhancements to current rules are required. It is the responsibility of the individual investor to educate him/her self on the advantages and disadvantages (AKA risks) of using these investment instruments. Claiming to be "confused" after incurring a loss is disingenuous and should not be considered a legitimate excuse unless the individual can prove that he/she was misled by an
I am an adult American citizen, and I am perfectly capable of making my own decisions up to and including my investment decisions. I have been doing so successfully for most of my adult life. Let me decide that level of risk versus safety I need and how I achieve that balance.
FINRA should stay out of the personal investing decisions
of the public. The leveraged and inverse funds are a great
aid and help in managing a portfolio.They can actually help
you controll your risk and increase your returns. So I say
again keep your NOSE out of the investing publics pockets.
I don't think regulators should make the determination what investments are appropriate for my needs. There should not be obstacles to investing in inverse or leveraged funds. I am comfortable with taking on that risk. Adding a regulator-approved test in order to be able to invest in these funds is an unnecessary intrusion on my right to invest as I see fit.
I've been trading leveraged and inverse funds for a couple years now and they are critically important for my trading plan. I realize the risks and fully own them, but they are absolutely necessary for my future plans. I believe as a free American citizen it should be by right to make such financial decisions for myself and not regulators.
I have been using leveraged etfs for a long time successfully. If you have educated yourself about the risks and have they work, they are very safe to use. The government should not make it difficult for investors to use these tools that have proven to very effective as a part of a multi prong trading strategy.
I am opposed to the implementation of this rule. I am a small scale, non-pro investor and these type of ETFs come in handy when I believe I have determined the direction of a given market. Like ALL investment vehicles, there are risks involved. But to make requirements for participation restrictive to certain accounts is just absurd to me.
