I've been investing all my life since childhood. Forcing me to liquidate my investments at the bottom of a recession would unfairly cause me capital losses and only benefit the exclusive 1% high net worth individuals that would benefit from leveraged funds. This is not in the fiduciary interest of the average investor. I'd probably as a result get out of investing in the
Hello FINRA,
It is critical, in a constitutional republic for free, and available market funds be available for all people. Retail investors such as myself who understand the caveats with leveraged or inverse funds should not have to have any additional oversight or regulation.
For your consideration, please leave the current safe guards in place in order to not exclude any potential investor
TO: All NASD Members and Other Interested Persons
Following is a list of NASD Notices to Members issued during the third quarter of 1984. Requests for copies of any notice should be accompanied by a self-addressed label and may be directed to: NASD Administrative Services, 1735 K Street, N.W., Washington, D.C. 20006.
Notice Number
Date
Topic
84-36
July 18, 1984
Request for Comments on
As an individual investor I trade many different leveraged ETFs and am fully aware of the risks. I have been trading for 20 years and am well educated about the markets. I also am a member of several stock market investment clubs. Please leave things the way they are now. Everyone should have the opportunity to invest as they see fit and we are all aware of the risks of trading and the potential
Since savings accounts are, for all intents and purposes, gone or making an amount of interest smaller than inflation in a good year, I should have every right to pursue investments that interest me even if my starting capital is a small amount. It's ludicrous to tell me I can't invest because I'm not rich enough. Public securities are just that . . . . public.
Dear Regulator: Leveraged and inverse funds are important hedges for me. Thanks to them my capital reached nearly its highest point in ten years. I've learned how to use them, and I know what I'm doing, so please leave my investments alone. Thank you. By the way it sounds like you know what is coming and when and are preparing for it. Please share your information. Thanks.
I have been investing for 30+ years and I use both leveraged and inverse products in my investment processes. These products allow me to make an investment decision with a minimal amount of required capital. I can express an investment viewpoint with a third of my cash in the case of a levered ETF while keeping two-thirds of my cash in hand. Not sure why regulators would want to hurt the &
All capital acquisition brokers are subject to FINRA Rule 1240.
Amended by SR-FINRA-2019-006 eff. March 12, 2019.
Adopted by SR-FINRA-2015-054 eff. April 14, 2017.
Selected Notice: 16-37.
All capital acquisition brokers are subject to FINRA Rule 1220.
Amended by SR-FINRA-2019-006 eff. March 12, 2019.
Adopted by SR-FINRA-2015-054 eff. April 14, 2017.
Selected Notice: 16-37.
I oppose any restrictions or limits to the use of leveraged and inverse funds. I use them as a small portion of my portfolios to regulate my risk exposure during difficult markets and make efficient use of my investment capital to enhance returns during good markets. I fully understand how leveraged and inverse funds work and their associated risks. I don't want regulations put in place to
