Given that our government continues to promote low interest rate environments where elder savers are punished, inverse etfs are an excellent tool to hedge income based stock portfolios. Instead of focusing on singular market events to evaluate etf tracking error, the government should endeavor to actually study long term inverse etf tracking error and counter party risk. Leveraged etfs are
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you. FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used
I am opposed to you limiting the investments I can invest in. I have a masters degree in Finance and have been managing my own money for 24 years. I should not have to pass a test or demonstrate high net worth to be able to invest in leveraged or inverse ETFs. I know full well the risks involved and I use leveraged ETFs as a vital part of my overall investment strategy. These types of investments
I strongly oppose limiting access to public securities for the select few who pass unnecessary tests. The public is perfectly capable of reading and understanding a prospectus and the associated risks and making wise investment decisions for themselves and their families. The securities under consideration for additional regulation such as leveraged and inverse funds are a key strategy to my
I have used leveraged funds in all my accounts both retirement and taxible accounts since they have been available. I use the funds in several ways one as a hedge and the other as part of a longer term strategy and am aware of the risks associated with these types of accounts and how they operate and close out positions each day. I do not want to have to jump through any more hoops to be able to
As a programmer, a major source of frustration for me regarding many facets of our market relates to the fundamental lack of speed and automation endemic to our financial reporting pipelines. In a system which promotes and rewards algorithmic and high-frequency-trading, any position which would be reported and analyzed as a document and by a human would (and very likely is!) obsolete, potentially
We launched FINRA360 in March 2017 with one overarching objective: to ensure that FINRA is operating as the most effective and efficient self-regulatory organization (SRO) we can be.
The time was right for us to begin such a review. In the 10 years since the NASD and NYSE Regulation merged to form FINRA, the industry and financial markets had changed significantly. And in traveling
FINRA needs to crack down on naked short selling and price manipulation. I'm sure FINRA already knows these tactics but why they are not enforced really boggles my mind. If the fine is a fraction of the amount earned on these illegal tactics, then it's just a cost of doing business. They are hurting the entire market and putting everyone at risk.
We retail investors dont want more propaganda shoved down out throats. We know the risks the problem is institutional investors [REDACTED]. Quit trying to take out the little investor and if you really wanna help remove the day trading rule. [REDACTED] LEAVE RETAIL TRADERS ALONE!!!!!!!
TO: All NASD Members
The Securities and Exchange Commission has approved amendments to Article III, Section 28 of the Association's Rules of Fair Practice and the amendments are hereby declared effective as of May 1, 1983. These amendments were previously approved by the Association's Board of Governors and by a vote of the membership.
Section 28 addresses the responsibilities of
