Individual investors do not stumble into leveraged funds. These are an important tool for those who have taken responsibility for their own financial goals and an extraneous burden on the use of these funds is unnecessary.
Good Day:
It is imperative to keep the Leveraged Financial Instruments available without additional strictures. It is necessary for rounding out a well managed portfolio.
Thank You for Your Understanding.
Everyone should have equal rights to invest. This is an over reaching rule that would create unnecessary obstacles for the average person trying to create financial stability through investment.
We have the personal/private right to invest our monies to help secure our financial security and defend our rights to do so. Thank you for your time.
Exposure to risk in financial world to gain certain reward should be a choice. All these choices in Market is what makes it beautiful. PTD rule is ENOUGH to protect the retail investors.
This rule is no longer applicable. NASD Rule 3140 has been superseded by FINRA Rule 1020. Please consult the appropriate FINRA Rule.
(a) Application — For the purposes of this Rule, the term "member" shall be limited to any member of the Association who is subject to SEC Rule 15c3-3 and is not designated to another self-regulatory organization by the Commission for financial
Please do not create a caste system of those able to invest and better themselves and those who are not.
Please do spend this energy on financial education and enforcement against fraudulent actors.
Average investors should be able to go long or short the market, and should be allowed to control their own financial decisions. The Nanny State should not and does not have this power over the people.
The problem I have with such a proposal is that it negates the biggest threat to any individual investors, which is unchecked major hedge funds using their money with little to no thought of safe financial practices.
My wife who is a financial advisor has been using these type of investments to trade our account so please refrain from pulling them off the exchange
