Registered financial professionals are licensed sales personnel who work for broker-dealer firms. Broker-dealers are in the business of buying and selling securities—stocks, bonds, mutual funds, and certain other investment products—on behalf of its customers (as broker), for its own account (as dealer), or both.
IMPORTANT
TO: All NASD Members and Other Interested Persons
At its November meeting, the NASD's Board of Governors determined to take several actions in the area of short sale regulation in the over-the-counter securities market. This notice summarizes these actions.
Reporting of Open Short Interest Positions
The first such action will require members to report to the NASD, for purposes of
The Neutral Corner—Volume 3, 2020
Mission Statement
Maintaining Arbitrator Neutrality in the Age of Social Media (by Joyce Park, FINRA Corporate Intern)
FINRA Dispute Resolution Services and FINRA News
COVID-19 Hearing Postponements and Virtual Hearings
Virtual Arbitration Hearing Statistics
Arbitration Case Filings and Trends
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The risks of investing are well known. Loss of capital is always possible. The risks of investing in leveraged and inverse funds are equivalent. As an investor, I don't need the government to tell me what I may or may not invest in. Your duty is not to protect me from myself, or from possibly poor decisions I may make. At the limit, your duty may be to inform me of risks, but beyond that, it
I, as the investor, should be able to choose what investments I want to commit my capital to. As an investor, I should have all available information about an investment to make a prudent decision based on my goals and risk tolerance. Putting restrictions on investments deemed high risk is only favoring those that are approved to trade them. I request that FINRA focuses on ensuring that proper
I have used leverage funds over the past fifteen years. They are integral part of my investment strategy, one that has allowed me to retire early. This constituent a limited portion of my portfolio but have allowed enhanced returns. This would not be possible has I not been able to use leverage funds earlier in my investment experience or with a smaller portfolio balance. There is ample
Leveraged and inverse funds are not hard to understand, even for the average investor like myself. We live in a country that is supposed to allow us freedom of choice. I choose what to invest in, good or bad, right or wrong. The current notifications provided by the brokerages as to the inherent market risks associated with these type of investments are sufficient to make an informed choice
Comments:
I believe you are wrong in assuming that investors using leveraged products are not totally educated in the product. I am 75 years old and have been trading on my own fo over 40 years. I find using leveraged and inverse funds very useful in balancing my investments. I believe it would be a wrong move and an over reach to close this type of investment. Before I execute the buy or sell of
I am writing to voice my opposition to the proposed rules for investing in leveraged and inverse funds. Its a violation of my rights as an investor and imposes unreasonable burden on my ability to trade in a timely manner. I consider myself well informed and do not need additional regulations to guide my investment choices. Leveraged and inverse products are an important part of my investment
If retail investors are not allowed to buy leveraged ETF's, then the same should apply to institutional investors. The playing field is so distorted to favor wall street firms, bankers, and institutional investors, that it is a gamling casino not an Investment arena, and the problems caused by institutional investors have wreaked generational problems on the American economy, at the unfair
