I think shorting leveraged ETFs should be disallowed. Perhaps that'd go a way in reducing systematic market risk from these financial instruments? There are plenty leveraged ETFs designed just for shorting an index and it makes no sense to me that one might prefer shorting the ETF itself. It more easily con-volutes one's thinking than just buying the bearish ETF.
Im a financial advisor and only invest in these products for myself and have extensive knowledge in these securities and have been incredibly crucial to my investment strategy and DI NOT WANT TO LOSE ACCESS TO INVEST IN LEVERAGED ETFs. I am aware of the risks and the brokerage firms also make me well aware of the risks. Please do not take away access to invest in these securities!
I understand that an unprecedented threat by regulators is being considered. The implications will be negative in a free market and this should not take place, I have been trading long and short term leveraged equities for many years, and feel it is my right to do so I know you can stop this intended regulations being considered by the Financial Industry Regulatory Authority (FINRA) Thank you
Leveraged ETFs are very helpful financial tool for retail investors. They are important to my investment approach. It provides investors access to a basket of stocks and in general it has protection against short raids by hedge funds. Please keep these important investment options around. DO not make retail investors even more weaker by taking this tool away from them.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to April 24, 2023, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) pursuant to SR-FINRA- 2015-036, other than the amendments pursuant to SR-FINRA-2015-036 that were implemented on December 15,
Do not take away my rights to decide how, when, and what legitimate investments to make. I am in charge of my financial future and make decisions based upon my situation, risk appetite, and personal goals. I can read risk documentation to understand my decisions and DO NOT want regulators determining what is right for myself and family.
As an individual investor, I find leveraged funds essential to my long-term financial plans. While I understand that such funds can be harmful to those who do not have discipline or training to use them well, many other individual investors like me use them profitably. Please do not curtail our freedom to use leveraged or inverse funds.
This new rule will surely drive small broker dealers to leave. The regulatory burden has become too much. This new rule is impossible for the small broker dealers to manage as we don't have the resources. The regulations would harm investors by denying them access to a broad range of valuable investments that could help them achieve long-term financial goals.
Ordinary citizens need to retain rights to invest in reverse funds and leveraged funds. High wealth investors should not be given special privileges to take advantage of these investment strategies. This is one more example of economic and financial inequities that rig the system against small investors building for retirement. Pending regulatory changes that hurt small investors should be
