Having traded futures, metals, South African gold mining stocks, and a long-time investor in coins and bullion. I know of the risks of buying leveraged and inverse funds. Please do not limit or complicate my ability to make these purchases as I wish. Right now i am short the stock market with DOG and short intrest rates with TBF; Also long with oil holding USO. My money - my decisions!!!
This is unwarranted, unjustified, and unnecessary. Investors should be able to make their own decisions about what they invest in, and when, and how. Fund family vendors provide all the information necessary about their product(s) to let any investor who TAKES RESPONSIBILITY for THEMSELVES for their actions to understand clearly what they are investing in, and the risks inherent in that
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. You shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am perfectly capable of understanding the risks and determining
I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds.
I am fully capable of understanding leveraged and
REGULATORS:
I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds. I am
capable of
Good afternoon, Chairman Reed, Ranking Member Allard and distinguished Members of the Subcommittee. NASD is grateful for the invitation to testify regarding the regulatory consolidation of NASD and NYSE Member Regulation.
I have made a great deal of money over the years investing in leveraged funds. -- I regard them as an excellent long term investment vehicle. As one example, the TQQQ ETF fund from Proshares, has had an average annual return of 40% over the last 10 years! So long as there are adequate risk disclosures, and there already are such disclosures, I feel strongly that any investor should have the
SUGGESTED ROUTING
Senior Management
Legal & Compliance
Trading
Executive Summary
Members that transact business in securities designated in The PORTAL™ Market, which are not PORTAL participants, must notify the NASD of certain summary information about the volume and frequency of transactions by June 15, 1995.
Introduction
The Nasdaq Stock Market™ operates The PORTAL Market for
How is owning a security a bigger threat than owning a firearm? Currently I dont have to take any tests or demonstrate any knowledge to own a firearm or ammunition, and any risks involved with gun ownership the government considers acceptable. So how exactly does these new rules protect me? I dont see how the government can tell me Im competent enough to own a firearm and ammunition but not a
I use leveraged and inverse funds as a protection hedge and to enhance returns. I am fully capable of understanding leverage and inverse funds as well as risks. I don't need a special test before investing in these funds safely. I should be able to choose the public investments that are right for me and my family, not regulators. Public investments should be available to all of the
