I strongly oppose this measure. People must have the right to freely trade investment products at their own risk and based on their own research. If an individual decides to blindly accept a financial institution/advisor's trading recommendations then that individual could lose significant amounts of money regardless of whether or not leveraged or inverse exchange-traded products are
As a retail investor who does my own homework, I don’t need more regulation from a nongovernmental organization. Using inverse ETFs when I deem them appropriate has helped my retirement funds gain 9% YTD, whereas commonly traded ETFs like SPY, QQQ, and TLT are down 12-20% YTD. Perhaps you’d first like to explain to the Fed that inflation is not “transitory”? Or perhaps explain to them the
I should be able to choose the investments that are right for me; for myself. Regulators shouldnt dictate what I can to do with my own money. Additionally, Regulators have no right to judge my intelligence or tendency to seek professional counsel for my financial decisions. It's not a Regulators place to believe Im too stupid to understand, and to impose education upon me for following
I oppose the FINRA Regulatory Notice #22-08. This regulation is an unprecedented attack on the workings of a free market system. It has no basis in reality, meaning it is not addressing any real issue. There is no need for this type of regulation, it is not protecting anybody and it seems a covert attempt to manipulate and allow further manipulation of markets. We do not need more draconian,
Please consider that some investors utilize ETFs that are inversely related to financial instruments like stocks, indexes or bonds to short a market without the unlimited losses possible if shorting those instruments directly. These types of ETFs allow small investors to limit their risk and conveniently position themselves to benefit from declining markets.
Additionally, instruments that
To the Financial Industry Regulatory Authority: I stand strongly opposed to regulatory efforts that limit my right to invest in leveraged and inverse funds. As a non-professional investor, I am nonetheless capable of understanding the risks of leveraged and inverse funds, and have used these funds prudently to diversify my portfolio. I do not need government oversight of how I invest my money,
Fairness, integrity and efficiency make the U.S. capital markets the most successful in the world. In the past decade, more than 5,600 domestic and foreign enterprises raised an aggregate of over $500 billion through IPOs in U.S. markets. These IPOs served as an engine for corporate growth and active participation by all sectors of the investment community, from venture capitalists to large
I think a lot of this regulation is being generated to disenfranchise the retail investor. Please allow "regular" working people to continue diversifying their portfolios with products that may seem too "complex" for them to understand. Putting burdensome and elitist restrictions on financial products that empower the middle class is a form of slavery that is not
I should and do have the right to choose my public investments. NOT some financial institution or broker or government restrictions. There should be NO restrictions, tests, or special processes to obtain leveraged inverse funds. NO RESTISTRIONS OR IMPOSED LIMITATIONS due to some new regulations. The leveraged and Inverse funds are part of my portfoilio and I don't see the need to take these
Rubyna Haslani Zito is a Senior Vice President of Technology Operations and Services and the Chief of Staff to the CIO at FINRA (Financial Industry Regulatory Authority). She manages Technology Operations and Services that include Technology Compliance Office, Training, Communications, Reporting, Space planning and redesign, as well as financial planning and budgeting. Her responsibilities as
