I have been investing in leveraged funds for many years and have been doing just fine. I should not have to go through any extra steps than I all-ready do when I research what I'm investing in and how I plan my portfolio. Regulating these funds would be detrimental to the future of my retirement plan.
I object strongly to this plan to limit my freedom to invest how I choose. I have many years of experience in options and leveraged ETF trading and make my living doing so. Leveraged funds are very important to me and my trading strategy. I am completely against this potential plan and request it be terminated from consideration.
It's especially important regulators hear from you in your own words. Please use the body of this email to customize your response. Once I figure out how to get the money that it's invested I can plan to put the money where it belongs I'm planning on prospering the world not just myself God bless you
Proposed Rule Change to Adopt FINRA Rules 2124 (Net Transactions with Customers), 2220 (Options Communications), 4370 (Business Continuity Plans and Emergency Contact Information) and 5250 (Payments for Market Making) in the Consolidated FINRA Rulebook
Greetings,
I run a systematic quarterly rebalancing plan that is powered by leveraged ETFs. I know what I am doing, understand the risks (and benefits), and as such, the proper use of these leveraged products is a key part of my financial plan.
These funds are important to my plan; they improve my performance over the long haul. I am not engaged in reckless trading. I understand the effect of
I have been using leveraged funds since inception. I have a methodology for investing using charting and QLD and others are the best vehicle for executing my plan. If these funds are removed, then my successful plan for investing for nearly 20 years will not be feasible.
Please protect the ability to trade via leveraged funds.
Thanks for your consideration.
Sincerely,
Alan Margolis
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST!
I should be able to choose what I invest in for my family, not by regulators overstepping telling me what I can do with my money.
I should not have to go through any special tests before investing in securities.
I should be able to diversify my portfolio with the investments that best fit my plan, not regulators plans.
Regulating plans such as pensions and retirement plans (401k, 403b, etc), where the saver/investor has little to no input on how the fiduciary treats their money is wise.
REMOVING ACCESS TO VALUABLE INVESTMENT TOOLS FOR THE INDIVUAL INVESTOR, MAKING THEIR OWN DECISIONS, IS NOT.
Please do not make it harder for me and my family to invest our assets in a way that meets our needs!
SEC Reporting Requirement
In July of this year, the National Association of Securities Dealers, Inc. (NASD®) issued Special Notice to Members 98-63alerting members to a new reporting requirement imposed by an amendment to Securities and Exchange Commission (SEC) Rule 17a-5. The SEC rule amendment requires broker/dealers to file two Year 2000 reports using the new BD-Y2K Form. The first report
FINRA invites member firms that participate, or plan to participate, in the security-based swap (SBS) market to provide views and information with regard to broker-dealer SBS activities, including the application of FINRA rules to those activities. Any other interested party is also invited to submit views and information. FINRA welcomes views and information on all aspects of SBS activity,
