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EXECUTIVE SUMMARY
On November 24, 1992, the Securities and Exchange Commission (SEC) announced the adoption of amendments to its Net Capital Rule, Rule 15c3-1 (Rule). Except for the minimum increases scheduled to
FINRA Reminds Firms of Sales Practice Obligations for Volatility-Linked Exchange-Traded Products
Comments: -I do not think FINRA should propose limits that may restrict our access to L&I Funds or to disqualify us from trading L&I Funds or other "complex products". Regarding myself, I am an individual investor. I have good understanding of whole economy, market and fundamentals of equities and ETFs. I have MBA degree from Carnegie Mellon University business school. I
Subject: Investors ability to trade "complex products" - including leveraged and inverse funds (L&I Funds)
Dear Regulators,
I am Janakiraman Chandrasekaran, 59 years old and I like to voice my opinion regarding your proposal on limiting access to Leveraged and Inverse ETFs (complex products).
Educated Investor: I like to inform you that I am an educated investor in
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. Not only I think I have the right to share my views, but I trust the regulators will hear my concern and my right into consideration in deciding whether to move forward! Thank you for taking action. LIST OF INVESTMENTS THAT
I not regulators should be able to choose the public investments that are right for me and my family.
Public investments should be available to all of the public, not just the privileged.
I currently invest in the following:
Target Date Funds
Non-Traditional Index Funds (Smart Beta + ESG)
Emerging Market Funds
High Yield Bond Funds
Closed-end Funds
Commodity Funds
Cryptocurrency
Dear Regulator,
I have been a retail investor for years and found that Leveraged ETFs are not as risky as many have been led to believe. I have been able to post gains whether the market is up or down using very basic strategies. Taking away my right to choose what I invest in (especially ETFs)and making me run a gauntlet that I may not successfully navigate makes no sense. There are many other
Transparency, accountability and a fair market for all investors. This is what retail investors want. -Frequency in reporting should absolutely be on a daily basis. This should be public information. Not a “pay to play” basis. Companies who profit from hiding this information and selling it, only add to the unfair market advantage faced by retail traders. They will need to adjust their profit
Inverse and leveraged securities are critical to an investor's ability to hedge portfolios and/or have an opportunity to make money in down or volatile markets, such as the one we are in right now. Without these ETFs, the only options we have for hedging are buying puts or short selling, which is infinitely more dangerous to the retail trader than owning an inverse/leveraged fund. By taking
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Executive Summary
On July 24, 2002, the Securities and Exchange Commission (SEC)
