Comments:
Hi team, good evening! So Im not opposed to new regulations but I am against the average investor or individual not being able to purchase these type of securities altogether. Ive made money actively trading and monitoring leveraged etfs in the past. I do agree there should be more info passed along and perhaps a test of some sort and/or a threshold in the account on perhaps what an
I oppose restrictions to my rights to invest. I believe Americans have the right to trade any public investments with no limitation or restrictions. I, not the regulators should be able to chose the investments that are right for me. I shouldnt have to go through any special process like passing a test before I can invest in public securities like leveraged and inverse funds. I do not need those
Publication Date: February 23, 2023
Interpretations are marked in blue background beneath the rule text to which they relate.
15c3-4 Internal risk management control systems for OTC derivatives dealers.
15c3-4(a) An OTC derivatives dealer shall establish, document, and maintain a system of internal risk management controls to assist it in managing the risks associated with its business
I do not initiate any investments on margin. I use my own funds for investing in leveraged etfs. If a firm wants to provide leverage for me with their investment vehicle, I should have the right to utilize it without any interference from your organization. The last time I checked, this is still a free country, although sliding into the abyss, rapidly thanks to organizations like yourself. It is
I oppose restrictions to my right to invest in TQQQ, SQQQ and other leveraged products. I have been investing in these products for years and they are no more risky that any other stocks in the market. Anybody trading in the market has to understand that there is risk involved and chooses to take that risk...regulators should not try to babysit investors by trying to tell them which stock or fund
Subject - Petition to FINRA opposing FINRAs proposal to restrict / stop trading in Leveraged ETFs / ETNs
I submit that the current controls of my broker when any investor invests in any leveraged ETFs / ETNs are adequate.
1. Every investor when trades in Leveraged ETFs / ETNs mandatorily signs the Designated Investments Agreement that clearly states the risk & the qualification
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, November 19, 1985, 18 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,172. These 18 issues, which will begin trading under real-time trade reporting, are entering the NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for
SUGGESTED ROUTING
Senior ManagementLegal & ComplianceOperations
Executive Summary
In the March 1, 1993, edition of the Federal Register, the Securities and Exchange Commission (SEC) published notice of its intention to adopt Rule 15c6-1 under the Securities Exchange Act of 1934. This new rule would establish three, instead of five, business days as the standard settlement
As long as you have a margin account, leveraged and inverse funds don't matter because you can use margin leverage and short the funds. The leveraged and inverse funds are much safer to manage the risk rather than using margin because unlike leveraged margin positions, the leveraged and inverse funds never go negative price. In that sense, the leveraged and inverse funds are actually safer
It's very unfair that normal investors would not be able to use leverage and inverse funds! These funds have been a good hedge for me so far since the FED keeps messing up the stock market. Please look at today's market -- how many percentages S&P and Nasdaq have been going down since FED announced rate hikes? There's no safe heaven these days, except using some of the
