Limited use of leveraged and leveraged inverse ETFs serve an important part of our family's investment portfolio; the risks associated with these products -- the impact of volatility on returns, tracking errors associated with holding leveraged ETPs longer than 1 day, etc. are *very* clearly spelled out in each ETP's prospectus, with most going so far as to provide tables to
SEC Approves Amendments to Arbitration Codes Relating to Subpoenas and Orders to Direct the Appearance of Witnesses and Production of Documents Without Subpoenas
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt: (1) temporary Supplementary Material .12 (Temporary Extension of the Limited Period for Registered Persons to Function as Principals) under FINRA Rule 1210 (Registration Requirements); and (2) temporary Supplementary Material .07 (
As an individual investor I consider
leveraged and inverse investment funds very useful to manage risk in my overall investment portfolio. They represent a minority but important percentage of my overall portfolio and are utilized to help offset and mitigate risk in my more Substantial longer term positions on a short term basis, avoiding disruptive transactions in my long term holdings.
I am
I strongly oppose the upcoming regulations on certain types of funds that would exclude the public from access to these investments in their portfolios. Every citizen should be allowed to decide what they choose to invest in, and not be subject to limits based on overall net worth or formal investment education and approval by individual brokers. Now more than ever, investing has become
This attack on the individual investor seems to occur anytime the stock markets drop 10% or more. It seems FINRA looks for a scape goat and acts out to attack us by trying to destroy opportunity and product selection. They don't seem to understand the true reason why the stock market so elevated and due for a greater fall. The Federal Reserve illegally violated the Federal Reserve Act,
My personal income and livelihood is based on my access to a broad variety of public investments. As an active trader, I have learned to use a mix of these to produce a modest, reliable, steady income regardless of market conditions. Leveraged ETFs (inverse or otherwise) are critical tools that allow me to minimize my exposure and preserve my capital. I prefer these ETFs to more time-sensitive
The public does not need restraint or hurtles to overcome from regulation of processes in choice of investment or involvement in digital investments made by personal choice. I have not read this proposed rule however I shall now because it is evident that unless the government has total control of all assets the money mongers aren't happy. We need real transparency with sound guidelines
To Whom It May Concern [FINRA Regulators] -
I am the personal investment manager of my retirement accounts for the benefit of myself and family. Over the last decade, I have consistently outperformed professional fund managers.
As a knowledgeable, experienced, and self-reliant investor, I feel I have the right to manage my own investments in public companies that are appropriate for myself and
I am an individual retail investor and my family relies on proceeds from my investment activities for consistent monthly income. We are now fully retired.
We frequently rely on inverse and leveraged trading vehicles (ETF's), in limited appropriate amounts, to help meet monthly income targets. These short-term tools are absolutely critical to our monthly returns, as well as for our
