Dear Sirs & Madams--
I oppose being restricted in investing in leveraged investments. I have been doing so for many years now as a supplement to my primary retirement "buy and hold" investment strategy. I am range-trading a small percentage of my overall portfolio using leveraged funds.
Frankly, I'm not sure why FINRA is getting involved with this. I
As announced by the Board of the Federal Reserve System in the Federal Register on October 28, 2021, FINRA will collect detailed data on depository institutions' daily transactions of marketable U.S. Treasury securities and of the debt and MBS issued by U.S. federal government agencies including government-sponsored enterprises (agencies) via its Trade Reporting and Compliance Engine (TRACE
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to extend the current pilot program related to FINRA Rule 11892 (Clearly Erroneous Transactions in Exchange-Listed Securities) (“Clearly Erroneous Transaction Pilot” or “Pilot”) until October 20, 2022.
