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.
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
Pursuant to the procedures set forth in Rule 6120(b), FINRA shall halt all trading otherwise than on an exchange in any NMS stock, as defined in Rule 600(b)(47) of SEC Regulation NMS, if other major securities markets initiate market-wide trading halts in response to their rules or extraordinary market conditions or if otherwise directed by the Securities and Exchange Commission. Members must
Pursuant to the procedures set forth in Rule 6120(b), FINRA shall halt all trading otherwise than on an exchange in any NMS stock, as defined in Rule 600(b)(47) of SEC Regulation NMS, if other major securities markets initiate market-wide trading halts in response to their rules or extraordinary market conditions or if otherwise directed by the Securities and Exchange Commission. Members must
Proposed Rule Change to Extend the Effective Date of SR-FINRA-2016-028
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!
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 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
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 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
