The inclusion of a diverse range of investment options (including leveraged and inverse funds, etc.), is the exact proof that the financial market in the U.S. is a leader in the developed world, with a fully developed market that suits the needs of all different types of investors.
I dont even understand the logic in this proposed limitation. I often use inverse funds to hedge (protect my investment savings. Do not take away this financial tool to protect me in volatile times. I feel strongly about this.
The government has no right to interfere in anyway with personal financial investments. This goes against everything American. Is this still a free and capitalistic country or are we converting to socialism? Please protect my rights as a citizen and taxpayer. Thank you.
Have been in the markets for 50 years and thankfully with Direxion ETFS since inception--
find them easy to understand and use and have total confidence in the concept--has been very
good financially for our family -thank you
The correct mechanism for correcting these issues is through risk disclosure, which is already done.
I am well aware of the risks and do not want additional obstacles in investing, with the end result of limiting access of financial products to the most privileged.
In accordance with the industry-led initiative to shorten the settlement cycle from two business days (T+2) to one business day (T+1), FINRA will sponsor two production User Acceptance Tests (UAT) to allow clients to test the changes for T+1 Settlement for the Over-The-Counter Reporting Facility (ORF) and the Alternative Display Facility (ADF). These tests will occur on Saturday, May 4, 2024, and
Regarding your published intent to consider regulating investments in leveraged investments. I oppose any all actions you may consider that would restrict my ability to choose which financial products I may choose as investment tools.
Individual Investors should have access to all financial instruments available to institutional investors. The high risk of inverse funds is made clear enough in the research. Individual investors in self-managed accounts would be at an even greater disadvantage without this.
An exemption is granted based on consideration of the MSRB’s published interpretation of Rule G-37 regarding mergers of corporations in the municipal securities industry3 and on your representation that Individual will not be engaged in helping Firm A obtain municipal securities business or engaged in municipal securities representative activities before September 24, 2001, when the two-year ban under Rule G-37 would otherwise expire.
People take on risk whenever they put money into financial instruments. It is the buyers responsibility to be aware of the risks, even for leveraged and inverse instruments. The risk of these instruments is not so much greater than ordinary instruments that special regulatory framework is needed.
