TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, June 16, 1987, 23 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,940. These 23 issues, which will begin trading under real-time trade reporting, are entering NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for voluntary
The most effective form of government is the government that governs the least. With every additional bit of regulation, the regulations that matter become more diluted. Tread lightly, choose wisely ladies and gentlemen, especially when it comes to telling the populus where and how it may utilize it's monetary assets. If you didn't put in the work to acquire the earnings, how
Dear Sirs/Madams:
I object very strongly to any FINRA regulation which would limit my freedom to choose my own investment tools to manage my own assets. I have been an investment professional for more than 60 years and fully understand the risks of inverse and/or leveraged ETFs which I use as a hedge against market risk.
John M. Bruderman Jr., CFA charter 1841
Inverse funds are a great option to hedge against other family assets and liabilities. We utilized ProShares UltraShort 7-10 Year Treasury to hedge against rising interest rates for debt that needs to be refinanced in the near future. This was a well thought out and planned strategy, that has worked perfectly. Once the debt is refinanced we would look to liquidate the ProShares UltraShort 7-10
This likely wouldn't protect as intended. Those with this risk appetite will simply search out other risky (and riskier) assets. Restricting the free market in this way will just hurt more than it will help. The risks associated with leveraged and inverse products is well documented, and all brokerages that offer them prompt with warnings before allowing trades. Adding extra bars for entry
I want to have maximum flexibility on the type of stocks, mutual funds, and all ETFs that fit my investment strategy. Using leveraged ETFs is a significant part of my strategy and has been for the last 10 years. The leveraged ETFs have played a significant role in creating a very robust fund of assets that I will be able to use for retirement. Please do not restrict my ability to invest in
I have already been blocked out of adding to my investments on certain crypto apps. Why are you preventing me from earning interest on assets that I purchase? you did the same thing when you shut down GameStop trading to cover your [REDACTED] because you had shorted the heck out of it, beyond any reasonable amount. Dont let your greed destroy you.
SUGGESTED ROUTING:*
Internal AuditOperationsSystemsTrading*These are suggested departments only. Others may be appropriate for your firm.
As of June 26, 1992, the following 47 issues joined the Nasdaq National Market, bringing the total number of issues to 2,900:
Symbol
Company
Date
SOES Execution Level
TDSRF
3-D Systems, Inc. (Rts)
5/27/92
1000
MSYSW
Medical Technology
To whom it may concern, I am an individual investor with no special expertise in financial markets or their regulation. However, I am a scientist who performs a lot of data analysis, statistics and machine learning for my profession, and therefore I believe I have more than enough expertise to analyze financial data that is available. In order for informed decisions to be made, whether in finance
FINRA Issues an Interpretation to Clarify the Classification and Trade Reporting of Certain “Hybrid” Securities to FINRA
