I invest in leveraged funds, and I am completely against this proposal. Specifically, I combine the leveraged funds with the non-leveraged versions of the same targeted index to achieve my desired level of leverage. While my returns obviously lag the index in adverse market conditions, I vastly outperform the market in up periods. I never use the inverse funds, but I always incorporate the
I as an investor of my own money that I earned should be able to choose the investments that are right for me and my family.
There should never be two standards for investments for those who have exorbitant wealth, and those who don't. Public investments should be available to all of the public, not just the privileged.
I have used TTT to make good ROI and now that is threatened because
Hello:
I am writing to voice my opposition to the proposed rules for investing in leveraged and inverse funds. Its a violation of my rights as an investor and imposes unreasonable burden on my ability to trade in a timely manner. I consider myself well informed and do not need additional regulations to guide my investment choices. Leveraged and inverse products are an important part of my
• FOCUS Reports—Late Filing; Failing to File; Filing False or Misleading Reports
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(a)(1) Unless otherwise permitted by FINRA, a member shall not enter into an agreement for the carrying, on an omnibus or fully disclosed basis, of any customer account in which securities transactions can be effected ("customer account" or "account"), unless such agreement is with a carrying firm that is a FINRA member. An introducing firm that acts as an intermediary for
Unless otherwise provided, terms used in the Rule 1000 Series shall have the meaning as defined in Rule 0160.
(a) "Applicant"
The term "Applicant" means a person that applies for membership in FINRA under Rule 1013 or a member that files an application for approval of a change in ownership, control, or business operations under Rule 1017.
(b) "Associated Person"
This version was introduced with the filing of SR-FINRA-2020-015, which has been filed for Immediate Effectiveness. This version is temporary and effective from May 8, 2020 through June 15, 2020, pending any future extensions.
(a) General Requirement for Motions
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In circumstances in which it is necessary to protect investors and the public interest, FINRA may direct members, pursuant to the procedures set forth in paragraph (b), to halt trading and quotations in OTC Equity Securities (as such term is defined in Rule 6420) if:
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(a) General Requirement for Motions
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I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST!
Individual freedom is important. Seat belt rules should be kept to the absolute bare minimum possible (if at all).
Making it harder to invest in these classes of investments just exacerbates the problems we have with the disparity between ordinary people and professional investors.
Leveraged and inverse funds are important strategies, do not prevent
