Hi FINRA,
You should not determine if an individual can or cannot invest in one of these funds. It should be left up to the individual to perform the due diligence when choosing investments. Taking the route of offering financial investment education in our public school system would be more of a solution. Treat the problem not the symptom.
The financial markets are undemocratic enough. Please do not restrict investors in favor of professional institutional investors. These instruments are used for risk management, hedging enhancing returns of smaller investors and leveling the playing field given wash sale rules, margin requirements and those who do not want to invest in options.
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
Leveraged etfs are a great financial tool that bridge the gap between risky options and buying non leveraged funds. For many retail investors we use these in ways that are not risky and hedge our risk. Removing them only harms retail traders as a whole forcing them to use other riskier strategies.
New traders have to learn their job like anyone else on any other job, and learning about the risks and rewards of leveraged and inverse funds only takes a couple of quick real-life lessons. There is no need to impose a bunch of convoluted rules and regulations on these financial tools that make trading difficult for the rest of us.
Hi, I believe this is a gross over reach of regulation. Its border line insulting to believe that average people are incapable of assessing risk/reward for themselves. This would only hinder the average persons ability to participate in the financial markets. This is a rule that would benefit the already wealthy class and hinder the middle class ability to advance.
During the 2007-2009 financial crisis your organization put limits on selling short to protect big banks. I am certain the purpose of this regulation is to limit selling losers once again.
Stop protecting "us" and start regulating "them". Companies have bean playing in your casino for too long.
No to this regualation
I believe leveraged ETF's create an important investment tool for individual investors to both hedge their portfolio and create risk weighted and diversified portfolios that would otherwise be restricted only to clients of expensive financial management firms. Please allow leveraged ETF's to continue to democratize access to these important portfolio management tools.
Limiting access to public investments will limit our ability to navigate complicated financial markets exacerbated by Federal Reserve policy. When all investments are going the same direction for extended periods of time an inverse fund is the safest way to hedge. These tools need to be available to everyone and not just an elite educated class.
Please dont regulate my ability to purchase leveraged funds. I currently own pros are funds and am aware of risks associated with leveraged funds. I watch them closely and have been successful in building my financial portfolio. Public investments should be a available to all without regulation. Not just the privileged
