I feel that I am well aware of the particular risks and benefits that are involved in leveraged and inverse funds. In view of the ever changing policies of the Federal Reserve regarding interest rates and so-called "tightening" of their monetary strategies, I find it imperative that I have the flexibility to invest defensively. Leveraged and inverse funds allow me to have the
I am fully capable to make my own decisions regarding investments. Limiting public investments to a specific few people is directly contrary to the free market system. I am capable of educating myself and do not need a government agency creating a test to determine if I am ready. I do not need someone else to tell me what I am capable of, or if I understand the risks well enough to make good
There has never been a period in human history where more knowledge is readily available to the average person. In a time where in depth explanations of these products can be found within 30 seconds, not to mention detailed discussion boards, it's unreasonable to add more restrictions to retail investors.
You should be focusing on removing restrictions instead.
Leveraged and inverse
Comments: I STRONGLY urge FINRA to continue to allow investors and professional advisors to recommend and to be able to purchase for clients Leveraged and Inverse ETFs and all currently existing complex products of that type. To NOT allow these products causes more HARM than benefit to clients and investors as it removes options that currently exist. There are very few options that the retail
Hi and as an American citizen I should be able to choose what investment is right for me and not a regulator. Public investment should available for all citizens. I shouldnt have to go through a test to be able trade my funds based on my interest and risk tolerance. I am capable of researching and understanding the risk of what I want to invest in. Leveraged and inverse funds are important to my
I use these so-called "complex" products to hedge my longs in various accounts at certain times I judge market risk to be high. How am I supposed to hedge my IRA without leveraged/inverse products or options? Is there some reason FINRA doesn't want me to hedge against a possible decline in the value of my long holdings? I am a very experienced investor, I'm a big girl and I
Restricting use of leveraged and inverse ETF's is a step in the wrong direction. Individual investors need tools to help manage risk as much as industry insiders and the wealthy. I use them as a tool to hedge my portfolio. As the market retreated, I put a small percentage, about 2% - 3%, into some of these instruments to decrease my downside. The leveraged ETF's allow me to use a
Board Approves 2023 Annual Financial Report, Adds New Members to Advisory Committees and Hears Latest on FINRA’s Advanced Analytics Strategic Initiative
TRACE research performed up until this point has been done on an independent basis by academics and researchers who used objective methodology in order to achieve their conclusions. These studies have concentrated on United States-based corporate bond data and what, if any, the impact of TRACE has been on liquidity and transparency.
The Product Suitability section of the 2017 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.