I strongly disagree with the notion that more "guardrails" are needed for retail investors dealing in so-called "complex products." While some products are truly complex and require an investment of time for an investor to fully understand their risks and rewards, other products you name--particularly options--are not truly complex or difficult to understand with a modicum of
Nasdaq Postpones SuperSoes Until Fourth Quarter 2000
The Nasdaq Stock Market, Inc. announced last month that the introduction of the Nasdaq National Market Execution System (SuperSoesSM) and modifications to SelectNet® have been postponed until the fourth quarter of 2000.
In response to industry feedback, Nasdaq® will postpone the SuperSoes launch and SelectNet modifications previously
There is no need for any further regulation of leveraged or inverse ETF's. The risks of these products are widely known and understood by the vast majority of investor. It should be noted that they are no more risky than some of the "penny stocks" or "junk bonds" that currently trade. Despite using leverage, they are often less leveraged than many publicly traded
I am not a broker. (1) It is arrogant to tell me or any other person what investments he can make. I assess my own risk. You know nothing about my risk tolerance. (2) I know my limitations. I understand the basic concepts of leveraged and inverse funds. I let the managers of these funds do their job, just like any other mutual fund or stock. (3) My leveraged and inverse fund are a minor part of
Investing always carries risks with it. Leveraged funds and inverse ETFs have risk. But we have seen the wild swings of the market and blue chip stocks have substantial risk as well. Perhaps those who wish to restrict access to investments mean well, but the net effect of limiting access to inverse ETFs and leveraged funds is that it will create a 'good ol boys' club for larger
It is ridiculous that FINRA puts in place rules which supposedly "protect" citizens, when in fact these regulations prevent ordinary people from making money on the stock market. Meanwhile, because regular people are excluded, Wall Street fat cats get to run rampant, making huge profits and taking money out of the middle class economy. As far as I can tell, FINRA protects Wall Street
It's very unfair that normal investors would not be able to use leverage and inverse funds! These funds have been a good hedge for me so far since the FED keeps messing up the stock market. Please look at today's market -- how many percentages S&P and Nasdaq have been going down since FED announced rate hikes? There's no safe heaven these days, except using some of the
Short interest need to not be self reported. There should be investigations every day or at least weekly to see how these hedge funds and market makers are influencing stock prices. Naked shorting is a disgusting practice that has caused economic crashes in the past. We need to learn from our past mistakes. The formula for calculating short interest needs to be fixed to show the actual number of
TO: All NASD Members
The Board of Governors of the Federal Reserve System has adopted a number of important revisions to Regulation T. These amendments are effective on November 21, 1983; however, at their option, members may elect to operate under the revised provisions after June 20, 1983. A detailed summary of the major revisions and the text of the amended rule follows.
These changes to
Proposed Rule Change to Extend the Effective Date of the Trading Pause Pilot
