Dear FINRA, I am concerned about the potential changes that could affect my ability to purchase leveraged and inverse funds. I am an ardent supporter of the general public having access to the funds without the need to make these purchases though privileged brokers. I am well aware of the limitations and risk involved with these funds. The process that is being considered to make these purchases
Traded securities including leveraged and inverse funds should be open to everyone and not just the rich or the privileged. Their risk is not greater than picking a security that may go down to zero (Kodak, Sears etc.). As a matter of fact, they are safer than single stocks, penny stocks, highly leveraged companies etc. because they represent an investment in an index of multiple companies. Going
The stock market should be open, transparent, and only minimally regulated to prevent predatory or scam-like investments. People should be generally free to invest in whatever they choose whether that be bitcoin, inverse funds, "traditional" funds, individual stocks and bonds etc... etc... Why don't you spend more time investigating, or regulating, why and how nearly
I strongly oppose regulators blocking investments such as leveraged ETFs and inverse fund ETFs. These funds serve a valuable investment tool with lower risk than other investment tools such as options and options strategies or even investing is some stocks outright. As a long time investor I am capable of understanding the risk related to leveraged funds and I don't require the
I am shocked and disheartened to know that regulations/prospectuses are under consideration to preclude retail investors from trading the Leveraged and Inverse ETFs, such as TQQQ and SQQQ, etc. As a retail investor with limited funds to hedge against market risks, for instance, I often buy SQQQ to protect my tech stock position without holding up a large proportion of my liquidity, which has
Dear FINRA,
Leveraged ETFs are a relatively new entrants into the stock market, with the first fund being introduced in 2006. These ETFs give retail investors easy access to leverage that does not subject them to margin calls, or expire worthless like an option. Another innovation made possible by Leveraged ETFs, are inverse strategies. By providing investors with the ability to hedge their
(a) General
(1) Applicability — This Rule 2350 Series shall be applicable to the extent appropriate unless otherwise stated herein, to the conduct of accounts, the execution of transactions, and the handling of orders in exchange-listed stock index warrants, currency index warrants, and currency warrants by members who are not members of the exchange on which the warrant is listed or
(a) For purposes of the Rule 6300A Series, unless the context requires otherwise:(1) "Exchange Act" or "SEA" means the Securities Exchange Act of 1934.(2) "Designated securities" means all NMS stocks as defined in Rule 600(b) of SEC Regulation NMS.(3) "Member" means a broker or dealer admitted to FINRA membership.(4) "Market Maker" means
I oppose restrictions to my right to invest. Here are why: - Every investor should have the freedom of accessing the entirety of the public securities markets, not just certain stocks. - The new potential regulations will only create obstacles for investors to invest. They will no doubt create confusion with what public securities they can and cannot invest in. - As adults, we all know that it is
COMMENTS ON 22-08 You have made this request for comments so complicated that it is hard to follow. I will just list my ideas and you can try to sort them out. On my trip from model airplanes to airline captain I have made many replies that affected new FARs. This a free country and everyone should be able to risk some $ and try to make more $. This should include hedge funds, but limited to a
