Summary
Effective February 18, 2020, the Section 31 fee rate applicable to specified securities transactions on the exchanges and in the over-the-counter markets will increase from its current rate of $20.70 per million dollars in transactions to a new rate of $22.10 per million dollars in transactions.
Finance-related questions should be directed to Amanda Rath, Manager, Finance, at (240) 386-
Remarks from the Bond Dealers Association Annual Conference
As owner of a small broker dealer since 1982 I ask you, please, to read the current regulations and conclude they are enough!! Reps 'must know their client". Prospectus must be provided before purchase. Reps must participate in continuing education. Supervisors already review all trades. What ever happened to 'let the buyer beware" as a way to teach investors lessons. How do
Dear Sirs:
I invest via a systematic quarterly plan that utilizes leveraged ETFs. I know what I am doing. Correct use of these leveraged products is a key part of my financial plan.
Leveraged funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and benefit from
I have been investing in leveraged index funds and mutual funds such as TQQQ (Nasdaq 100 index 3X bull), TECL (S&P 500 tech index 3X bull), and RMQHX (Nasdaq 100 index 2X bull). It is important for more risk-tolerant retail investors to be able to increase their returns without losing diversity in stocks. With the assumption that markets go up in the long run, these leveraged funds allow
Thank you for allowing the opportunity to post feedback and make recommendations to make the system fair for all traders. I feel that short interest should be reported intraday. If a stock price can be updated within milliseconds then this should be possible too. I also feel that large institutions that have over 100,000 of any stock should have to report their short positions pre and post market
In no way would I recommend anyone to vote to accept government restrictions on my investing. I am not a wealthy person, and I have no specialized or ultra-sophisticated trading systems. But I was able to limit the extent of my draw-downs by using ProShares Inverse funds to limit my down-side risk in both the 2000-2003 AND 2008-2009 market drops.
Government restrictions that limit my ability to
I am AGAINST passage of FINRA’s Regulatory Notice 22-08 taking effect.
I use leveraged indexed ETF's actively trading them over short time horizons under steady participation in a long time horizon (25+ years) to smooth out inconsequential market fluctuations, even as much as 50%+, as part of my overall portfolio strategy. The financial services providers servicing these funds have been
I am not a regulator and I think I should be able to choose the public investments that are right for me and my family, BUT FINRA should not outlaw it altogether. Leverage products from Direxion have this [REDACTED] crazy rebase calculation that is rebased to one every night is insane. FINRA should make them improve the calculation not outlaw it. Leveraged and inverse funds are important to my
I use leveraged funds to enhance the performance of my long-term portfolio and rebalance them systematically on a quarterly basis. I know what I am doing. The proper use of these leveraged products is a key part of my financial plan.
These funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification
