This being the United States it's still the land of the free. Each adult of sound mind deserves to educate themselves and have access to ALL investment vehicles. Even those investment vehicles that regulators or other individuals with a different risk profile would deem too risky or inappropriate.
Each person must make their own assessment of risk and whether that level of risk is
Please note I've been investing with 3x leveraged ETFs (e.g. TQQQ) for over two years with no concern about the volatility of these instruments. The math should be simple for most people .... if 3x the underlying security, then invest only 1/3 of assets to obtain equivalent volatility of underlying security. This has proven to be beneficial since more funds are available to invest in
To whom it may concern,
I am strongly opposed to any further regulation/restriction on my ability to invest in the vehicle of my choice by my government regulators. Inverse and/or leveraged funds are very useful instruments for investors in many asset classes and wealth strata. They should not be reserved for any particular clientele. That is the purpose of the available mutual funds and ETFs
Central bankers and government deficit spending have created once unimaginable asset bubbles, risk, and volatility.
To navigate these treacherous conditions, you need to have advanced tools and investments, and leveraged and inverse ETFs are part of that toolkit.
These investments are an important part of managing risk for a small investor like myself. I'm able to deploy a smaller
I use double and triple leveraged long and short index funds as one of multiple tools to implement my investment objectives. I invest a small percentage of my investment portfolio in leveraged assets. These leveraged investments achieve a small dumbbell portfolio distribution in what is predominantly a conservative porfolio.
I am a high net worth investor and require special permission to
To Regulators,
Restricting investments to people who do not meet your income or asset requirements is again a way to try to control the average retail investor. Just because you think you are doing something good by preventing average investors for making risking decisions that may or may not result in profitable outcomes does not mean you are doing something that is right. Adults should be
Investing in leveraged and inverse funds should be available to anyone regardless of net worth, special approvals, "cooling off" periods, or broker approvals - however, I am in favor of people having to sign off on disclosures to ensure investors are aware of the greater risk some of these assets pose. While you can lose money in any investment, the fact that your exposure can
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Senior Management
Legal & Compliance
National Association of Securities Dealers, Inc. Notice Of Nominees
The Annual Meeting of members of the National Association of Securities Dealers, Inc. (NASD®) will be held on December 21, 1998. A notice of meeting, including the precise date, time, and location of the Annual Meeting, will follow on or about
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Senior Management
Corporate Finance
Institutional
Legal & Compliance
Municipal
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Systems
Trading
As of June 24, 1998, the following bonds were added to the Fixed Income Pricing SystemSM (FIPS®).
Symbol
Name
Coupon
Maturity
ABAG.GA
Safety Componets Intl Inc
10.125
07/15/07
ALGX.GA
Allegiance Telecom Inc
11.750
02/15/08
AMH.
Generally, brokers and dealers use subordinated loans and notes collateralized by securities (referred to as subordinations) to borrow funds or securities from investors to increase their regulatory net capital. Pursuant to FINRA Rule 4110(e)(1), subordinations must be approved by FINRA in order to receive beneficial regulatory capital treatment.
