reveraged funds are really important for my investment.i know it has more risk, but understanding for the risk brings less risk . regulation may give me financial loss as it restrict my plan
FINRA’s Enforcement Department is conducting an inquiry with respect to forex trading.
FINRA Reminds Firms of Sales Practice Obligations Relating to Leveraged and Inverse Exchange-Traded Funds
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Maximum Financial Investment Group, Inc. of Southfield, MI, for violations arising out of its retail foreign currency (forex) business, as well as for repeated violations of FINRA registration and related rules.
FINRA Vice Chair Luparello Remarks From the FSI Advocacy Summit
I do not need regulations on risk. For a market to be fair, I must be able to assess my own risk. At the most, offer a signature requirement to accept risk. I do not hold anyone but myself liable for any losses that I have taken.
I feel that investors are fully aware of their decisions and regulators should not question wisdom and/or knowledge of risk involved taken. Markets do have risks and should not be viewed as a casino. Real investors do know of risks involved.
People take on risk whenever they put money into financial instruments. It is the buyers responsibility to be aware of the risks, even for leveraged and inverse instruments. The risk of these instruments is not so much greater than ordinary instruments that special regulatory framework is needed.
Please keep the markets free. All stocks have risks and rewards. Please allow investors to do research and calculate these risks ourselves. This is not an unlimited leveraged risk.
If you regulate this, then you should regulate all stocks.
ACTION REQUESTED
Regulation Of Shelf Offerings
Comment Period Expires: October 15, 2001
SUGGESTED ROUTING
KEY TOPICS
Corporate Finance
Legal & Compliance
Registered Representatives
Senior Management
Trading & Market Making
IM-2440
Mark-Up Policy
Merchant Banking
NASD Rule 2710
NASD Rule 2720
NASD Rule 2810
Shelf