I want to continue to have the right to invest in leveraged and inverse funds as a risk protection of my overall assets.
Please dont limit this important investment option . It is important for retail investors to have the flexibility that these assets provide.
Respected Sir/Madam, In retirement accounts, please allow investors the freedom to choose the assets they would like to invest.
I want to express my disagreement with the restrictions that are to be imposed in order not to operate certain assets as is currently being done.
To Whom it May Concern:
I am an active retail investor with a small portion of portfolio in leveraged and inverse funds.
During the recent market downturn, hedging against losses by investing in leveraged and inverse funds has helped me to beat the market over the past three months. Without access to these types of funds, my ability to respond to market forces would be substantially hampered.
I
As an individual investor, with limited capital at hand, leveraged ETFs provide great and easy opportunities for me to grow my investment. We understand the risk comes with it and simple stop loss/capital management strategy keeps me away from large capital loss. So I strongly expect these investment tools to be still available to us.
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Summary
FINRA adopted a new rule to limit any associated person of a member firm who is registered with FINRA (each a “registered person”) from being named a beneficiary, executor or trustee, or to have a power of attorney or similar position of trust for or on behalf of a customer.1 New FINRA Rule 3241 (Registered Person Being Named a Customer’s Beneficiary or Holding a Position of Trust for a
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REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The NASD is publishing for comment an amendment to Schedule E to the NASD By-Laws that would exempt a qualified independent underwriter from the pricing requirements of Section
Sec. 8.5 (a) The Board may make such rules and regulations as it may deem expedient, not inconsistent with law, the Certificate of Incorporation, or these By-Laws, concerning the issuance, transfer, and registration of shares of capital stock of FINRA Dispute Resolution. The Board may appoint, or authorize any principal officer to appoint, one or more transfer agents or one or more
