I should be able to choose the public investments that are right for me and my family. Leveraged investments should be available to all the public not just the privileged. People understand the risks of investing in these ETFs.
I shouldn't have to go through any special process like passing a test before I can invest in public securities like leveraged funds. I am capable of
I lodge my comment on FINRA Regulatory Notice #22-08 opposing the proposed action by FINRA. Investors have legitimate risk management reasons for investing in leveraged and inverse funds as part of their retirement or other plans. Personally, I use these funds to mitigate the risk in my bond portfolios to interest rate increases that negatively impact these fixed income valuations. I understand
I own a RIA firm and I use leveraged ETFs for myself and select clients within a globally diversified portfolio. I've gone through a state exam to fully understand what risks should be disclosed to my clients and I've worked extensively to educate my clients on the use and risks of leveraged ETFs. I've effectively used leveraged ETFs and hold them for multi year time
Hi,
I have been an active trader for the last 10 years and have used many trading tools, ranging from simple stocks to complex derivative strategies. Leveraged ETFs/instruments are excellent tools I use to hedge my trades and enhance performance. One of the main reasons these are excellent assets is their ease of access. While they carry more risk (clearly stated with every brokerage platform I
The Market Access Controls section of the 2018 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
WASHINGTON - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined UBS Financial Services, Inc., $2.5 million, and required UBS to pay $8.25 million in restitution for omissions and statements made that effectively misled some investors
Comments: I am writing to voice my concerns that the FINRA is proposing limiting access to Leveraged ETFs. I have a strong understanding of the risks involved with L&I funds. I completely understand that L&I funds are for short-term trading and they must be monitored daily, even hourly on certain days. My brokerage firm provides me education, transparency and a risk disclosure
Please think about this: the proper place of government regulation of investing is to make markets honest....to prevent one party from cheating or stealing from another. So for example, you could enforce honest prospectus language. Another appropriate regulation would be to ensure an equal playing ground for all investors. Regulations could support every investor's access to these funds and
I strongly oppose any restrictions on my right to invest in public investments. I believe it is my right to make investment decisions that are right for me and my family without regulators getting involved in those investment decisions. I know what is best for me, and I believe it is very presumptuous to assume a regulator is more concerned about my well-being and investment decisions than I am
Leveraged ETF/ETNs pose risks that some retail investors do not understand. As such, broker-dealers should conduct due diligence before allowing customers to purchase Leveraged ETFs. However, such due diligence should be similar to that of mid-level options trading authority. My advisory firm is in the process of launching a hedge fund which utilizes Leveraged ETFs as a part of a risk-managed