I am a 57 year old investor that has traded / invested in different asset classes including equites, option and futures. I think the leverage / inverse funds are a valuable tool to be used by investors / traders and should continue to be available to the public without restrictions.
I object to limitations on my investments. In a free society I have the right to invest my assets in the vehicles of my choosing. I understand risk and reward and should be free to try tocreate a better future for myself and my family. Restrictions on this ability are un-American if not unconstitutional.
I don't think you should forbid everyone to trade leveraged and inverted ETFs, With some qualification such as 10 years experience and certain net worth, such as net $1000000 in investment assets, those people should be able to qualify to trade those vehicles.
I began investing in a Inverse S&P fund an have taken massive hits to my assets that I have spent 20 years saving, you do not have the right to stop this at your will. I will file a lawsuit if this stops when it is beneficial for me and my family.
Leveraged securities are tools for small individual investors like me to be able to play in the same game as hedge funds that have tons of assets. By limiting my ability you are siding against leveling the playing field for individual investors like me.
Stop with your new world order crap. I'll need to invest in inverse funds to maintain and grow my assets when you guys decide to crash the stock market with your higher Fed funds rates, supply disruptions, etc.
Crypto shouldnt need any more information gathering than other current investments. There are no requirements for stocks, bonds, ETFs, so why should there be another asset class. Just because its unfamiliar doesnt mean it should be treated differently.
(a) Definition of Principal and Principal Registration Categories(1) Definition of PrincipalA "principal" is any person associated with a member, including, but not limited to, sole proprietor, officer, partner, manager of office of supervisory jurisdiction, director or other person occupying a similar status or performing similar functions, who is actively engaged in the management of
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, November 4, 1986, 25 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,630. These 25 issues, which will begin trading under real-time trade reporting, are entering NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for
October 18, 2001Mr. William E. FloriaPresidentHouse of Securities Company12 West Church StreetFrederick, MD 21701Re: Exemption Request from Fidelity Bonding RequirementsDear Mr. Floria:This is in response to your September 6, 2001 letter, in which you request that House of Securities Company (the “Firm”) be exempt from the annual review and adjustment requirements of NASD Rule 3020(c)(1) because
