In today's investing landscape, it's important that regular people have access to leveraged and inverse funds. As the market is falling, the only saving grace to my portfolio has been leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds and their risks. If I so choose to buy them regardless, that is my choice and my right. I don't need
You regulate everything, yet I watch the well connected get away with all sorts of corruption. How about enforce existing laws and stop making new ones. If the government and the people running it are so smart, the country would not be $30 trillion in debt. I am much better at making decisions for myself than a bunch of bureaucrats that have not shown they can run anything. Leveraged and inverse
This proposal makes no sense. We understand the risks of owning these securities. The leverage per se is not a distinguishing feature. Individual investors own leveraged securities all the time. We buy futures, options etc.. Leveraged funds are simply a packaged, and often much more liquid way to do the same. All this regulation will do is boost the profits of FCMs and increase transactions costs
Hi FINRA Committee Members, I don't believe it is fair that you are trying to regulate leveraged and inverse funds. I understand the risks in using them, and have used them successfully in the past. I find them to be easier trading vehicles than using options and I use them as a way to keep my portfolio hedged and to play short term swing trades during uncertain times. If others don't
I have been investing in leveraged and inversed funds, as one of my strategies, for over twenty years and have a very good understanding of my investments. Now, with your proposed rule, you are taking away my freedom to select how I invest in a well respected investment selection. If you want to control, which you seem to want to do, go after crypto, because it is going to cost investors big time
I strongly oppose the proposed FINRA regulation that would restrict my ability to easily invest in public securities that FINRA deems "complex products" such as leveraged and inverse funds. I am capable of understanding the risk issues related to these investments and I don't need any nanny state to "protect" me from making bad choices. I use such investments, which are a
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
Summary
FINRA’s Renewal Program supports the collection and disbursement of fees related to the renewal of broker-dealer (BD) and investment adviser (IA) registrations, exempt reporting and notice filings with participating self-regulatory organizations (SRO) and jurisdictions. FINRA communicates information about renewal fees BD and IA firms owe via a Preliminary Statement in November and
Unless otherwise indicated, suspensions will begin with the opening of business on Monday, August 19, 1996. The information relating to matters contained in this section is current as of August 5, 1996. Information received subsequent to August 5, 1996, is not reflected in this section.
Firm Fined, Individual Sanctioned
Chatfield Dean & Co. (Greenwood Village, Colorado) and Scott
