I am an accredited investor, and I am asking you to reconsider restrictions on leveraged funds. My investing expenses would dramatically increase due to destruction of liquidity. I can move to options or other products but again they are more expensive. The proposed change increases investing costs for anyone making sensible portfolio choices. Leveraged funds are a powerful tool when properly
A lesson learned - As a retired Quality Analyst from Lockheed Martin, trading an IRA, I've struggled with only trading long. I've learned with inverted ETFs, long is only half of the dynamic. Forced to take a cash tends to make one walk away from the market. This disengagement with the market and reengagement is dangerous. With the inverted ETFs one can stay engaged and work
To whom it may concern, Although regulations within a society are important, I disagree with regulators limiting an individual's ability to choose publicly traded investments. Leveraged and inverse funds carry increased risks, but it is an individual's right to invest in them. As an individual, I am perfectly capable of understanding these types of funds, however, if I choose to invest
SUGGESTED ROUTING
Senior ManagementLegal & ComplianceOperationsRegistration
Executive Summary
The 1994-95 NASD broker/dealer and agent registration renewal cycle begins in early November. This program simplifies the registration renewal process through the payment of one invoiced amount that will include fees for NASD personnel assessments, NASD branch-office fees, New York Stock
Comments:I am a long time investor and have used various brokerage houses for my stock portfolio. I have traded both leveraged and inverse ETFs. It has been my experience that major brokerage houses have advised me of the caution that should be taken in trading these Funds. In addition Direxion has excellent tutorials on the use of these Funds. The use of these Funds is no different than the use
Most people get that investing is risky. If they passed high school, they'll have learned about things like the Great Depression where people lost everything on their stock investments. If anything, the burden should be on the organizations doing a fundraise to provide all the information that people need to make smart decisions and establish that they aren't going to pull the
SEC No-Action Guidance Expanding the Definition of “Ready Market” for Certain Foreign Equity Securities
Reminder to NASD Members - Transactions with NASD and American Stock Exchange Employees
NASD members who carry brokerage accounts for NASD, NASDAQ, or American Stock Exchange employees are reminded of the need to promptly implement employees' instructions calling for duplicate statements to be provided to NASD. This requirement is set forth in NASD Rule 3090(a), which provides that "[w
I am an American citizen, taxpayer and investor. I vehemently oppose any government restrictions of what I can invest in. It is my responsibility to determine what investments are correct for my family, not regulators. I do not need to have any special permit or passed an exam to make my decisions. I understand and have read the prospectus of the inverse and leveraged funds that I invest in. I
I am an active individual investor, investing my funds in both IRAs and taxable accounts with Charles Schwab brokerage. I use 2X and 3X leveraged ETFs with some frequency to increase the return in both types of accounts. Less frequently, but periodically, I use an inverse fund to effectively short the market when it is in a downdraft phase. I use SH and DUST. Both leveraged and inverse ETFs are
