Comments: I strongly feel that the proposal to limit access to Inverse and leveraged ETFs is ill advised. The investors (like me) who understand how these ETFs work and understand the risk, should be allowed to invest and benefit. Personally I review my investments on daily basis. The risk of investing in certain volatile individual stocks is lot more than investing Inverse and leveraged ETFs.
A reasonable review of an investors competence could provide value for these leveraged products. However, having invested for twenty years on my own, I will say there's less knowledge required and less risk in these products than individual options. Similar to leveraged products, individual stock options can also be used as a hedge or to provide higher growth potential, however, they take
I Jason snyder do not agree or support changes to inverse leverage trading. Again the wealthy control the markets. You allowed the public to trade and lose on inverse funds for the entire rise of the market and now when the economy is going over a cliff due to terrible management from the top you want to take away the ability for the public to make gains from the market taking. Total manipulation
Please do not be condescending or ignorant about unnecessary regulations. Leveraged etf's are a safe and effective way to hedge wealth and/or create investment profits. Leveraged and inverse funds are essential to manage down markets and as a mature investor I do not need Finra guidance on what to do with my money. In my view this maybe a play to limit downside momentum in the stock market
Please do NOT restrict my ability to trade leveraged and/or inverse funds. Inverse funds, particularly, are a way for small investors to protect themselves against market declines. Most of us can't afford to short stocks or Index funds, so inverse funds are the only way to profit in a down market. Taking away that option is a terrible idea. In addition, leveraged funds are a great help for
Remove settlement days on stock held in a broker account. Stop day traders who push and manipulate the market. Penalize "experts" who say one thing and invest the opposite. Where were you guys when Goldman was making recommendations to it clients and betting against them. Clean the game up before you try to limit participation. What big vested interest is causing to to propose this? Who
I want the ability to make my own decisions on what investments to make and when to make them. Timing can be everything. A "cooling off period" could miss the opportunity. You don't have to take a test to invest in the market, go to Vegas, or buy expensive cars and toys, so why single this out? Some people aren't good at tests but are capable of incredible knowledge and
It is commonly understood that for every transaction the terms of the exchange is known by both parties and executed faithfully to produce what we consider the stock market. Technology now allows for near instant transactions for market participants, therefore the due diligence of reporting that transaction to regulatory authorities should occur simultaneously with the transaction itself. This
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EXECUTIVE SUMMARY
The Securities and Exchange Commission has approved amendments to Part i of Schedule D to the NASD By-Laws that provide new and separate fee structures for Nasdaq issuers. The new fees went into effect January 2, 1991.
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REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The NASD requests membership comment on proposed
