I have found these instruments very valuable. Let me give you a simple example. Maybe four, five years ago my daughter opened a Roth IRA. We deposited exactly $2500 into two 2X leveraged funds, ROM and UCC. Complete buy and hold, no trading at all, especially as the IRA is held by Vanguard which restricted buying and selling of these securities altogether. So no option to sell and re-buy. Even given all the recent volatility in the market, as I write, that $2500 is worth $14,172 and probably more since I'm looking at a Yahoo portfolio which doesn't include any dividends she may have received.
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Solomon Katz Comment On Regulatory Notice 22-08
I have found these instruments very valuable. Let me give you a simple example. Maybe four, five years ago my daughter opened a Roth IRA. We deposited exactly $2500 into two 2X leveraged funds, ROM and UCC. Complete buy and hold, no trading at all, especially as the IRA is held by Vanguard which restricted buying and selling of these securities altogether. So no option to sell and re-buy. Even given all the recent volatility in the market, as I write, that $2500 is worth $14,172 and probably more since I'm looking at a Yahoo portfolio which doesn't include any dividends she may have received.