I have been personally using leveraged and inverse ETFs in my personal investing portfolio. I feel confident that I can understand or learn how these vehicles work. I do not believe that regular citizens of this country should be legally blocked from using these tools based on official/regulated tests or levels of net worth.
I strongly recommend that you do Not interfere with my right to choose which investments are right for me and my family. Public investments should be just that... Public!
I shouldn't have to go through any special test or procedure in order to choose my investments.
As always, I remain an informed and consistent voter,
Comments: If an investor is savvy enough to understand complex products let them invest. Are you going to take a test of investors to confirm that? You do not check the competence of our elderly supreme court justices or congressmen or senators or President who make decisions affecting millions but you want to do this?!!!!
Dear regulators, I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am
capable of understanding leveraged and inverse funds
and their risks. I do not
need these measures imposed on me. Thanks! Shankang Qu
On Monday, May 5, 2014, FINRA introduced a new tool called the Dashboard that provides information about the status of offerings filed for review in the Public Offering System.
FINRA employs advanced technology to monitor the markets and regulated firms. Our systems help firms comply with applicable regulations.Advertising Regulation Electronic Files (AREF)Annual ReportsBlue SheetsCustomer Margin Balance ReportingDerivatives and Other Off-Balance Sheet Items Schedule (OBS)Distribution ManagereFOCUSFINRA Contact SystemFINRA Firm Clearing Arrangements FilingFINRA Rule
Investors should not have to pass tests and we should be able to approve our own strategies. Limiting our ability to invest in leveraged and inverse funds just gives wealthy people and companies the ability to manipulate the market without giving individuals the right and ability to protect themselves from their schemes.
I oppose restrictions to my right to invest in public investments. I, not regulators, should be able to choose the public investments that are right for me and my family. I shouldn't have to go through any special process like passing a test before I can invest in public securities including cryptocurrency funds such as BITO.
When Regulation NMS was adopted, the SEC and market observers did not recognize ex-clearing as a significant loophole. In the original crafting of Regulation SHO (implemented in 2005), the industry told the SEC that ex-cleared trades were "rare". As such ex-cleared trades were exempt from much of the short selling regulations. Dark pool trades (ATS and OTC) in 2021 now make up a
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Tell regulators you do not need these measures imposed on you.
