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
TO: All NASD Members and Other Interested Persons
ATTN: Trading and Operations Personnel
The Securities and Exchange Commission recently approved amendments to Schedules D and G of the NASD By-Laws that will require real-time trade reports in NASDAQ National Market System securities and listed securities traded off-board to include a buy, sell or cross indicator. To report this information,
The investment landscape is currently regulated at a high level. While I understand the importance of ensuring that nefarious inversely schemes are kept at bay, the ones who do follow the guides, rules and laws should be allowed. These types of investments give me hope that I will actually be able to retire someday without reliance on social security which is a bloated beast. Funds such as
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
Board Appoints Lisa Fairfax as New Public Governor, Approves 2022 Annual Financial Report and Adds New Members to Advisory Committees
WASHINGTON—FINRA's Board of Governors met on May 17-18 for the second time in 2023. During the meeting, the Board appointed a new public governor, approved FINRA’s 2022 Annual Financial Report and added new members to Advisory Committees.
The Board appointed
Settlements Reached with Six Member Firms Resulted in Nearly $17 Million in Restitution to 10,000 Harmed Customers
WASHINGTON—FINRA announced today that as a result of its targeted examination of Unit Investment Trust (UIT) early rollovers, FINRA has reached settlements with six member firms and obtained more than $16.8 million in restitution to approximately 10,000 investors. All of the firms,
GUIDANCEInvestment Analysis ToolsEffective Date: February 14, 2005SUGGESTED ROUTINGKEY TOPICSExecutive RepresentativesLegal & ComplianceSenior ManagementIM-2210-6Investment Analysis ToolsPredictions or ProjectionsExecutive SummaryOn September 28, 2004, the Securities and Exchange Commission (SEC) approved an NASD Interpretative Material (IM) to Rule 2210, designated as IM-2210-6,
