As an individual investor who has invested in complex instruments for years, I am opposed to these regulatory controls. They are over-reach by the government on the assumption that people are stupid and should be ruled rather than have the freedoms. The barrier to these instruments will not only create obstacle for investment, it will dramatically increase the cost to access these instruments as
I am generally of the opinion that leveraged ETFs, like Options, are not appropriate for most investors. While I would support these being available in accounts marked "Aggressive Growth" or "Trading" for account objective, their inclusion in retirement account like IRAs should be restricted due to the extreme potential for volatility. I am also of the opinion that these
the system right now is set up for me perfectly since I am a inverse trader. it is a trading system I use instead of shorting stocks which if I had to like most inverse traders would defiantly do along with day trading which in my opinion would cause havoc on quality stocks and the market and also would cause a lot of traders to go into options were a lot of traders would get hurt financially. I
Government should be set up so that no man has to fear another. Im not afraid of the financial instruments I buy. Im a military spouse and use my understanding of the SQQQ ticker to time my entry and exit from this instrument. Im concerned that I simply will be shut out from investing in a way that has really worked for us and supplemented my husbands shockingly low wage. Please dont allow
Once again, I am here from the government and I am here to help you, is big government at its worst. The only people who will benefit from this proposed rule are the market makers and professional investors who already have an edge in the financial markets. Instead of wasting your time telling people you do not think they are as smart as you are, how about taking equal time to do something about
Once again the Federal Government is going to try and decide what is good for the public, the same public that pays for everything. The only person that should decide how I invest MY money, is ME. If you are going to impose a "test" in order for me to show understanding of the financial instruments I choose to invest it, I guess you're also going to reimpose the "poll tax
It is my money and only I should have the right to choose which investments I pursue. I am fully aware of the investment risks. That's why prospectuses are available. Additionally, these type of inverse and leveraged funds are excellent tools to hedge portfolios which all funds may not be held at one firm.
Stay out of my financial affairs. Having over thirty years of investment
I use levered and inverse funds on a regular basis in my portfolios. They are easy to understand and are a critical tool in managing my portfolio risk. I am retired and not interested in taking on risk that could result in a large drawdown. These tools help me reduce risk, they do not elevate my risk. My alternative would be utilizing options, which are more levered and risky that levered and
(a) Member Application Process
(1) Definitions
(A) "Associated Person"
Solely for purposes of paragraph (a) of this Rule, the term "associated person" means any: (1) sole proprietor, partner, officer, director or manager of a funding portal, or other natural person occupying a similar status or performing similar functions; (2) natural person directly
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, August 5, 1986, 52 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,505. These 52 issues, which will begin trading under real-time trade reporting, are entering NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for voluntary
