While it is commendable to protect investors from undue risk, it is my belief that leveraged ETFs--with their risks, such as volatility decay, properly understood--can have their place in a well-managed portfolio. I use these products as a small percentage of my portfolio, but believe they serve an important function in helping me control my overall level of leverage while not taking on more risk
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt new Supplementary Material .19 (Residential Supervisory Location) under FINRA Rule 3110 (Supervision) that would align FINRA’s definition of an office of supervisory jurisdiction (“OSJ”) and the classification of a location that
FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
