This report illustrates capped average size trading volumes in corporate, agency and structured products reported for the prior month. Volume cap is the amount of tax-exempt financing available for certain types of private companies or developers in a calendar year. A project must obtain an award of volume cap before it can have tax-exempt bonds issued. Learn more about corporate, agency and
Lisa Horrigan is Senior Vice President and Chief of Staff for FINRA Market Regulation and Transparency Services (MRTS). Ms. Horrigan oversees a broad range of operational, regulatory and business planning activities for MRTS. She also advises and provides strategic support and direction to the Executive Vice President and senior leadership team to further enhance the department’s regulatory
I know for sure that having specialized rules and red tape for complex leveraged and inverse products does not actually reduce the risk faced by retail investors. Access to leverage can even be used to reduce risk in an overall portfolio, as numerous other commenters have noticed. When implemented as part of a well planned strategy, leveraged and inverse products can provide crucial diversifying
I have been safely and profitably investing in a leveraged, inverse fund for years in taxed and tax-deferred accounts.and have been investing in stocks, bonds and derivatives for decades. Leveraged, inverse funds are only a small part of my investment portfolio and are an even smaller part of my net worth. I understand the risks and mitigate them by buying shares only when the risk is relatively
The Anti-Money Laundering, Fraud and Sanctions section of the 2023 Report on FINRA’s Examination and Risk Monitoring Program (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) findings and effective practices, and (3) additional resources.
My name is Brian and I am a retail investor. I do not have a background in finance or economics and I do not have any SEC certifications. I have 3 trading accounts; a joint brokerage, an individual brokerage and an IRA. The combined balance of these accounts is about $300K. I am in my 40s and no longer hold my corporate job. I am self-employed and chose to invest my own retirement and cash/margin
This is an unjust move to limit flexibilities and insurance for our future and retirement. Inverse funds help those of us who do not have millions and cannot gain access to our 401K to safeguard it from the market crashing. I understand that it is a risk to invest in inverse funds; however, that is a risk that I understand, and I am willing to make. There is risk in any investment. It's a
I believe it would be a mistake to reduce access to these popular and useful short to medium term trading funds. There is more than enough information in the market web sites on how to use a x3 fund. Extreme risk lies only on a " black swan" event and these events pose similar risks to all investors. I believe that I have benefited from my use of x2 & x3 funds on the SP500. It
I am a PhD economist who has published three books on financial risk I also worked at Goldman Sachs and a major hedge fund as portfolio strategist and risk manager. We were very grateful to regulators for restricting retail access to the kind of levered and inverse investments that we used regularly to focus and limit our risks. However the simple truth-- which I will happy to publicly discuss
Please do not limit our ability to invest freely in the way we choose. We shouldnt have to jump through hoops such as qualifications and tests in order to invest/trade.
Over many many years Ive developed very rigorous risk management processes, which is part of any investors journey in the market. Dont penalize those of us who have good risk management because an uneducated few choose to invest