Dear regulators,
I should be able to choose publicly available investments that are right for me and my family. This filling is an over reach. Ordinary Investors like myself and others are much more sophisticated, informed, educated, and savvy than previous generations. With the the prevalence of Fintech platforms and the Internet financial education has never been easier to obtain, and reliance
I am writing in regards to possible legislation which would limit the use of leveraged and inverse ETF's. I ask that you please do not limit or get rid of these ETF's. These financial instruments have given me the ability to grow my retirement account faster and provide supplemental income for my family. If you want to put an additional disclaimer that investors are required
I strongly disagree with limiting the leveraged and inverse fund. Firstly, USA flaunt it is free market all the time. If regulators decide to do so, then whats the difference between USA and China. How can USA complain about the China is not free market? USA is not free market neither. Since 2020, FED has infinitely printed money in the name of saving economy to pump and manipulate the financial
Joseph H. Phoenix [REDACTED] May 3, 2022 Re:Comments FINRA Notice March 8, 2022 Dear Financial Industry Regulatory Authority (FINRA): It is my understanding that FINRA has proposed regulations in its notice dated March 8, 2022 that will make it less easy to buy and sell leveraged and inverse electronically traded funds. I trade with major brokerage houses. I buy and sell leveraged and inverse
I am very distressed to learn that someone is considering to place restrictions and hurdles to overcome for my ability to trade inverse mutual funds. Following advice of my financial advisor and educating myself about the S + P 500 index/inverse index, I have been using the strategy for several years. I AM PLEASED WITH THE RESULTS. I know the risk and reward of using inverse funds. To my
(a) No member or person associated with a member shall, directly or indirectly, effect any transaction or publish a quotation, a priced bid and/or offer, an unpriced indication of interest (including "bid wanted" and "offer wanted" and name only indications), or a bid or offer accompanied by a modifier to reflect unsolicited customer interest, in any security as to which a
Governmental intervention has unpredictable and unhealthy consequences for investors such as myself. I strongly oppose restrictions placed on buying leveraged or inverse funds. Investors, such as myself must be allowed to make decisions that will permit us (me) to leverage various commodities in market downturns as well as upturns. Similarly, we (I) must be allowed to buy leveraged or inverse
(a) FINRA may at any time, due to concerns regarding the accuracy or integrity of a member's financial statements, books and records or prior audited financial statements, direct any member to cause an audit to be made by an independent public accountant of its accounts, or cause an examination to be made in accordance with attestation, review or consultation standards prescribed by the
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to revise and restate the qualifications for representatives in arbitrations and mediations.
<p>Use of third parties to aid in compliance with NASD Rule 2790(b).</p>
