Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 11880 (Settlement of Syndicate Accounts) to revise the syndicate account settlement timeframe for corporate debt offerings.
Some investors use foreign securities to diversify portfolios. Since overseas assets often don’t track their U.S. counterparts closely, a globally diversified portfolio might help reduce volatility. But currency risk could be present both in foreign investments and also other parts of your portfolio.
Regarding your published intent to consider regulating investments in leveraged investments. I oppose any all actions you may consider that would restrict my ability to choose which financial products I may choose as investment tools.
Individual Investors should have access to all financial instruments available to institutional investors. The high risk of inverse funds is made clear enough in the research. Individual investors in self-managed accounts would be at an even greater disadvantage without this.
I understand the financial risk that I am taking when I purchase leveraged and inverse funds. They are important aspects of my investing strategy. Please do not restrict these assets from the marketplace. Every ETF has a place in the market. Thank you.
Please do not restrict access to geared financial products. They are a beneficial part of an overall portfolio strategy. When accounting for time horizon, percentage of portfolio, hedging, and proper asset allocation geared products fit an important need of investors.
People take on risk whenever they put money into financial instruments. It is the buyers responsibility to be aware of the risks, even for leveraged and inverse instruments. The risk of these instruments is not so much greater than ordinary instruments that special regulatory framework is needed.
From the change in otc pink sheets to now removing access to leveraged products is an insult to the retail investing population. The complete mismanagement of the financial markets is on you and the lack of willingness to hold anyone accountable other than retail is unbelievable.
The job of government is not to take away voters' rights to make their own financial decisions. Regulations like this always have unintended consequences. Let people win or lose based on their own risk and reward philosophies and willingness to do the homework.
I strongly object to this idea. It basically deprived the freedom of retail investors to choose their own favorite financial instruments to trade. If the regulators are so concerned about it, why not publish more education resources to remind the investors about those risks?
