Dear sir or madam: Short interest and short position reporting should be mandatory and totally visible to all, no exceptions. This is a CRITICAL piece of data missing from our view. Knowing the amount of short interest a given ticker has would alter my investment strategy significantly. Why would a small investor such as myself want to put their money against major funds such as Melvin capital
Leveraged ETF's like QQQ Proshares or Inverse ETF's can significantly enhance returns and consolidate effort, like any fund. Why would FINRA or any gov't agency assume we as investors are too dumb to understand the risks/ benefit analysis? Right now the NASDAQ-indexed QQQ's are down because of government incompetence, throwing around money for people not to
Dear Sir or Madame, I appreciate you hearing my comments regarding your desire to limit inverse and leveraged funds. First of all, we have a right to participate in the market in this area, since I'm aware that every large brokerage institution (bank) has the ability to short or go long the market. Why would you restrict the ability of the average investor to accomplish the same goals, and
To whom it may concern, FINRA's current effort to seek restrictions around "Complex Products" appears to fall into the category of "fixing something that isn't broken." This is something the government often appears to excel in and in this instance reads as a rather arbitrary and capricious effort to restrict access to investment choices. As a rule, I vehemently
Over the years, I have used many of the "complex products" that are the subject of Regulatory Notice 22-08 including leveraged ETPs, inverse ETPs and options. In all cases, I did the appropriate research on these products to understand how they work and the risks associated with using them. These products have been an important part of my investment portfolio to either hedge
Any test of specialized knowledge should be dependent on the specific investments being considered. The degree of investor awareness required to invest in a leveraged S&P 500 2X fund is suitable for many investors who are aware basically of the risks and have been informed of the proportion of net worth they could / should invest.
Brokers should be held legally liable for INITIATING
I am opposed to proposed FINRA Regulatory Notice #22-08. I, not regulators, should be allowed to choose the publicly available investments that are most appropriate for me and my family and our investment goals. These investments should not be limited to privileged few.
I should not have go through any special process like taking and passing an exam in order to invest in public securities such as
These are products that are used by sophisticated investors who understand the risks and are willing to take them as part of their overall strategy for their reward.
Restricting access or imposing onerous criteria to meet before an investor can trade/invest in them goes against every principle of a free-market economy.
The entire premise of this regulatory notice is false, and data mining is used
The purpose of this notice is to make sure you understand and agree to the Qualification Examinations Rules of Conduct for examinations administered in test centers or remotely. You are required to agree to all of the following Rules of Conduct before starting your examination.
(a) Procedures for Reviewing TransactionsAn Executive Vice President of FINRA's Market Regulation Department or Transparency Services Department, or any officer designated by such Executive Vice President, may, on his or her own motion, review any transaction involving an OTC Equity Security arising out of or reported through a trade reporting system owned or operated by FINRA or FINRA
