Chuck Kwiatkowski Comment On Regulatory Notice 22-08
Chuck Kwiatkowski
N/A
Leveraged and inverse funds are an important of investing for everyday Americans as well as for the privileged. On this May 5th sell off day...a tv talking blamed leveraged funds in part, but the day before had a very large gain and no credit was given to them at all. And if they do cancel these instruments will retail still get blamed for the sell off? Yes...that is what they call us. What we need is a rule that blocks brokers from trading against their customers. This should be a no brainer. It is bad enough that our orders are front run by h.s. machines. Dealers short us ten to one and the position stays under water at least until settlement if not longer. We must have honest markets. Thank you for reading this message.
Chuck Kwiatkowski Comment On Regulatory Notice 22-08
Leveraged and inverse funds are an important of investing for everyday Americans as well as for the privileged. On this May 5th sell off day...a tv talking blamed leveraged funds in part, but the day before had a very large gain and no credit was given to them at all. And if they do cancel these instruments will retail still get blamed for the sell off? Yes...that is what they call us. What we need is a rule that blocks brokers from trading against their customers. This should be a no brainer. It is bad enough that our orders are front run by h.s. machines. Dealers short us ten to one and the position stays under water at least until settlement if not longer. We must have honest markets. Thank you for reading this message.