The ability to invest how ppl want to invest it critical. I use inverse or leveraged inverse funds to mitigate my stock exposure during volatile times without having to sell stocks and pay capital gains. Eliminating my ability will cost me money as well as restrict my freedom. I strongly encourage you to scrap these unnecessary plans.
1. What is the single most neglected area in the field of investor education? How might this area be developed? Bar none, the most neglected area is financial planning -- investing being just one of five primary focus areas. Investment, tax, estate, insurance and retirement planning all need to be discussed and aligned with one’s life/financial goals. It can be developed by changing our mindset/
November 1998
Mandatory Testing
On October 5, 1998, the National Association of Securities Dealers, Inc. (NASD®) filed a proposed rule change with the Securities and Exchange Commission (SEC) that would mandate Year 2000 testing for clearing firms, market makers, and government securities firms. The proposed rule also would strongly encourage testing between correspondent clearing firms and
Please note:
I strongly believe that leveraged and inverse funds are important to my investment plans and I use them as a limited part of my overall portfolio.
Do not restrict or make it more difficult for me to make my own decision as to whether or not I invest in them. In fact, I have done quite well in using them to create wealth. I want to be able to continue to choose these investments!
I have been successfully trading in leveraged ETFs for over a decade. I had not been able to save much for retirement but the leveraged ETFs have allowed me to catch up on the shortfall in a meaningful and substantive way. The use of leveraged ETFs is the very foundation of my trading methods. Eliminating effective tools from the market will be devastating to my plans and hope for a comfortable
I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I am well educated on how and where to invest. I understand leveraged and inverse funds and their risks and rewards. I am planning investment accordingly. Such funds are important to my investment strategies, this should
Leveraged security and option instruments are important components of both my short and long term investment plans. Over-regulating these financial instruments could potentially cause great financial harm and substantially reduce future returns. Limiting investments to only individuals of high net worth seems to be against the Equal Protection Clause established by the 14th Amendment to the US
I am opposed to regulation #22-08.
I should be about to make my own decisions about my investments, not regulators. Nor should I be required to take tests to prove myself. I can read & understand the notices that are provided when I choose an investment. They are plenty sufficient.
Some of the funds that are planned to be limited, like inverse funds, are critical to my investment
Sirs,
It is not clear what regulations you plan that would limit leveraged/inverse EFT and similar inventments. However, I would like to strongly suggest that anyone with several years experience in stocks/options be allowed to trade them unless their account is in the "savings" category v.s. "investment" category. Restricting experienced individual investors
When does FINRA plan on improving their T+x system so that it’s not so abusable by hedge funds and other institutions? Blockchain for same day settlement? Are any kind of improvements coming on for retail investors in the form of information availability? As in, the info will be available sooner and will actually be relevant content and not 3 months delayed and barely relevant to the market upon
