If FINRA limits access to levered ETFs, they are only hurting the retail investors. Levered ETFs allow investors the ability to achieve better long-run performance for their retirement portfolios. On average, the market return is about 10% since WW2. Levered ETFs allow investors the ability to easily lever these positive expected returns and grow their portfolio without the risk of margin
I am a sophisticated investor with 45 years experience in investing in the stock market I have mutual funds, bond funds, and stocks in my portfolio. It is an investment built over the years to its current value of 2.2 million dollars. I could net have done this without the Leveraged funds I have invested in. I use the them as a long term investment and I use the inverse funds like TQQQ as a
I, as an individual investor, OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST in leveraged investment products.
I should be able to choose the public investment products that are right for me and my family. All investment community should have equal right to access to public investment products, not just the privileged.
I shouldn't have to go through any special process like passing a test
August 22, 2003All firms that report data to OATS directly or via a third party and all third parties that report data to OATS on behalf of a member firm must register with OATS and obtain an Administrator User ID and password. Once this initial Administrator User ID and password is established, the reporting party may then request additional user accounts with which to submit data and/or view
I, as an individual investor, OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST in leveraged investment products.
I should be able to choose the public investment products that are right for me and my family. All investment conmmunity should have equal right to access to public investment products, not just the privileged.
I shouldn't have to go through any special process like passing a test
Regulators need to keep their noses out of investor's business. We should be free to choose which investments we purchase, or ignore. Not only does making regulations more strict go against the very nature of the United States, it could greatly endanger those holding positions in those securities as holders could be forced out at inopportune times leading to forced losses BY THE REGULATORS.
I am totally opposed to any restrictions on the freedom to choose what securities I'm allowed to buy. If protecting the public from excessive risk is the goal, then there are overwhelming categories of securities that Regulators would have to restrict. We would have not a free market but a restrictive one. It is the individual's responsibility and right to determine how much
Comments: At every step along the way of purchasing a leveraged ETF or ETN asset, it is very clear that these products should be held for short term active speculative purposes. Every website you go to when researching the products immediately warns traders about the dangers of beta decay due to long term holding of such assets. I would argue that the risks associated with trading leveraged ETFs
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it fined LPL Financial LLC (LPL) $7.5 million for 35 separate, significant email system failures, which prevented LPL from accessing hundreds of millions of emails and reviewing tens of millions of other emails.
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NASD Rule 2210(d)(2)(N) prohibits NASD member firms from making predictions or projections of investment results to the public.1 NASD staff has