INFORMATIONAL
Continuing Education
SUGGESTED ROUTING
KEY TOPICS
Continuing Education Testing/Qualifications
Legal & Compliance
Senior Management
Continuing Education
Firm Element
Executive Summary
The Securities Industry/Regulatory Council on Continuing Education (Council) has issued a Firm Element Advisory, a guide for firms to use when developing their
I should be able to choose the public investments that are right for me and my family, because this is my "small business" (this is my main source of income)
Public investments should be available to ALL of the public,
not just the privileged, because many retail investors do this for a living (not for fun). Give more regulations to the "TOO BIG TO FAIL" not to
I have been trading levered products for over 10 years now and hope to be able to have the option of doing so unfettered by unnecessary restrictions/regulations in the future.
While I agree that there are investors/traders in the market that use these instruments that are not fully aware of what they really are, the same can absolutely be said about every other ETF type products available on the
Let me ask you, who gives you the authority to determine if any investments are too complex for me? You're supposed to protect me from unscrupulous brokers. So now you're protecting me from myself? I am an individual investor.
So now I'm too stupid to not educate myself on investing? I need you to make me:
1. Pass a regulator-imposed test of your specialized investment
As an investor these products allow us to hedge our portfolios during market downtrends, which can be an easier and far more cost effective method to shorting stock, while also being less complicated then having to buy puts on an underlying index or security. The leveraged funds allow investors to profit off of bull runs in the market, especially in a time where a standard 10% return on the S
Having used these products for a very long time, i would make the following observations:
* these instruments fix leverage as opposed to variable leverage provided on margin by brokerages. individual investors are smart enough to adjust their own leverage accordingly.
* the cost of borrowing implicit in leverage funds will often be better than the margin charged to individual investors by their
My online broker just made me aware that regulations are being considered that would put additional restraints on my ability to trade leveraged and inverse ETF's. I object to what is unnecessary.
Following the logic the next step would be to put restraints on all online trading to the public. Then investments would be back to only being managed by brokers. Progress was made when
I am new to Leveraged/Inverse ETF's and am learning how best to use them. I thought they were very very risky when I became aware of them several years ago.
I started small with $1,000 positions 2 ETF's 3x. I use them not to trade over day to day but as protection in times like now to make money in declining markets. I formerly used Mutual Funds for the same purpose but
I am writing to express serious concern over FINRA Regulatory Notice #22-08 and the prospect of restricting my ability to invest in these leveraged products. I am a retail investor that has done significant diligence on these products. I understand their risks, I understand the concept of volatility decay, and yet as a relatively small time investor I've been able to enjoy significant
I see restricting access to the different types of investment products as overbearing and manipulative of market forces.
The use of inverse and leverage funds are an important market access for all people in the country, for a variety of purposes. They should not be a core part of a portfolio, but do serve a place in building a well-balanced financial plan.
For example, if I am looking to
