Please allow us to continue to buy leveraged investments. The hedge funds are allowed to make such investments. You would be creating a two-class society if you made such a rule. I love leveraged funds as they make investing easy. I can hold cash and place a portion of my funds in leveraged securities.
It is very important that you as regulators stick to protecting people that need protection and allow investors that understand the risks/rewards act in a free market system.
Leveraged and inverse funds are important and needed tools in our investment portfolio.
Please do not put further rules and restrictions on our investment choices.
Comments: I am concerned with the enhanced rules regarding "complex products". There seems to be a lack of faith by FINRA in investor knowledge about these products, when in reality, investors are capable and responsible to educate themselves on products they invest in. There is a huge variety of platforms available for investor education, and product choice should not be
Proposed Rule Change to Extend Through June 30, 2005, the Current Pilot Price-Improvement Standards for Decimalized Securities Contained in NASD Interpretive Material 2110-2 - Trading Ahead of Customer Limit Order
NASD has filed with the SEC a proposed rule change to extend for nine months, to July 26, 2005, the operation of NASD’s Alternative Display Facility (“ADF”) on a pilot basis. The ADF pilot program, as approved by the SEC on July 24, 2002, and extended on April 17, 2003 and January 26, 2004, will expire on October 26, 2004. The pilot permits members to quote and trade only
Disclosure and Consent Requirements When Trading on a Net Basis With Customers
Proposed Rule Change Relating to Section 3 of Schedule A to the NASD By-Laws; Filed for Immediate Effectiveness
<p>Fair Labor Standards Act class actions are ineligible for arbitration in the NASD Regulation forum.<br />
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NASD has filed with the SEC a proposed rule change to align certain supervisory control and inspection requirements in NASD Rules 3010 and 3012 with the supervisory control and inspection requirements in New York Stock Exchange ("NYSE") Rules 342.19 and 342(a)(b)/03. The SEC approved these rules on June 17, 2004. In addition, NASD is proposing several non-substantive technical
Amendments to NASD, NASD Regulation, and NASD Dispute Resolution By-Laws Relating to Divestiture of American Stock Exchange
