please don’t close or restrict leveraged ETFs. Those are for many years and people made money. If you saw a risk on those you should take action when market was hot during November 2021. Retail investors like me lost money on stock market. If you close or restrict trading thess probably I will not get back my money. I think this is a regulatory scam. Request your kind consideration to have those
Please do not continue to underestimate retail investors. The arbitrary 25k day trading limit, among others, already causes untold damage to retail traders who now have arbitrary limitations on what they can do because they're "too poor to play" which is blatantly discriminatory and frankly I'm surprised it's legal. By further restricting the access of retail traders to
Every year, millions of seniors become victims of financial exploitation, resulting in billions of dollars in losses. That’s why FINRA worked to update Rule 4512 and implement Rule 2165 to help broker-dealer firms and their representatives protect their senior and other vulnerable adult customers. On this episode, we learn more.
Comments: 1. I agree that while allowing investors to trade Options, they need to understand the product well. This can be ensured by (a) looking at their qualifications and /or experience in Finance; (b) if (a) is not satisfactory, then look at their tranck record of trading options to see if they have made 75% or even up to 90% losses; if so, they need to undergo educational guidance before
1) Leveraged ETF is the best . 2) Please do NOT ban it or limit its use. 3) Please ban all short sellers. 4) Please ban all kinds of manipulation of stock price by market makers, hedge funds, and mutual funds. 5) Thank you for not banning leveraged ETF.
If FINRA and all other market regulatory agencies are going to start focusing more attention on keeping retail from burning themselves when they appear powerless to do the same for MMs, prime brokers, reckless hedge funds, and conglomerates that have against all common sense and reason been allowed to become all of these things under the same umbrella with apparently no oversight, not to mention
Comments:comment on direxion etf. I understand how to trade etf. They are based in a primary future, stock or other. They are not physical components of companies but leveraging stocks for short-term trades.
Comments: Please allow average investors like me to trade on the "complex products" - including leveraged and inverse funds (L&I Funds). Today 4/29/2022, Amazon trades down about 13% or -$386.93 @ $2505.00, which is a bigger swing than the TECS or SQQQ. Which one is a bigger risk?
I highly disagree with the proposed restrictions regarding "complex" products, which isn't well-defined in the notice write-up. Not only would creating additional barriers and limiting opportunity to retail would have broader implications and negative outcomes for capital markets overall, but it removes the necessary risk management tools in an increasingly complex and evolving
