Hello, In regards to the Regulatory Notice issued by the Financial Industry Regulatory Authority (FINRA) on March 8, 2022, I would like to express my concern as to the potential limits this rule will impose on some investors for buying and selling of the leveraged and inverse funds or other products deemed to be complex in nature. I regularly use these products as a focal point of my trading
I am deeply disturbed by the proposed regulation limiting access to leveraged and inverse ETFs (which are publicly-traded securities) to those with high net worth who pass a specialized regulatory exam and then jump through a series of administrative and timing-related hoops.
Leveraged and inverse ETFs are one of the few methods that the little guy has in order to protect his or her investments
Hi, I am writing to ask you to NOT limit my ability to freely invest in any type of public securities. I'm an individual investor and I've been investing and trading securities of all kinds for the past 10 years. Im an active learner and constantly educate myself about opportunities and associated risks. I have paid-subscriptions to several investment advisors. I make informed decisions
Thank you for the opportunity to comment.
I am an informed investor. I have a plan in place to be able to maximize retirement moneys. I have used a leveraged fund for several years (TQQQ).
The nature of TQQQ is volatile. I clearly understand the volatile nature. I depend on the volatile nature of this fund as if gives best opportunity for growth.
I oppose the proposed regulation. In this
Regarding L&I funds and potentially restricting access to them... I would oppose any such move.
Firstly, my current brokers (TDAmeritrade, E*Trade Financial, and Charles Schwab & Co, Inc) all provide me with ample educational materials online at no charge which informs me of the risks and limitations involved in trading L&I products, namely, they are intended
Unless otherwise indicated, suspensions will begin with the opening of business on Monday, July 15, 1996. The information relating to matters contained in this section is current as of July 5, 1996. Information received subsequent to July 5, 1996, is not reflected in this section.
Firms Fined, Individuals Sanctioned
George E. Dullnig and Co. (San Antonio, Texas) and George R. Dullnig (
Dear Sirs, I have been trading leveraged etfs for many years. Before that I had traded futures which I found to be very dangerous, much more so than etf. I did not really own the futures because they had an expiration date and because the leveredge was so high that they were subject to being automatically liquidated by the broker with a margin call. With etfs a least you own the shares , there is
I partially trade with a US broker in order to have more access and freedom in my choice of investment vehicles. Making 'complex' funds only freely accessible to the elite and exorbitantly rich (like in the EU), whilst creating more and more hoops for regular people, will only limit opportunities for regular smaller investors. I should have the freedom to do with my own money as I wish
(a) Reportable TransactionsMembers shall comply with the Rule 7200A Series when reporting transactions to the System, including executions of less than one round lot if those executions are to be compared and locked-in. All trades that are reportable transactions will be processed pursuant to an effective transaction reporting plan. Trades that are not already locked-in trades will be
• Customer Confirmations—Failure to Comply With Rule Requirements
• Customer Protection Rule—Failure to Comply With Rule Requirements
• Net Capital Violations
• Recordkeeping Violations
• Regulation T and Margin Requirements—Violations of Regulation T and/or FINRA Margin
