Staff clarification of <em>NASD Notice to Members 96-60</em> regarding a member's suitability obligation under NASD Rule 2310 with respect to certain investment company transactions.
<p>Orders involving Nasdaq-listed securities received by certain NYSE Amex floor brokers through NYSE Amex systems are not subject to the recording and reporting requirements in the OATS Rules.</p>
Leveraged and inverse funds, like all nearly all investments, are risky. Adequate disclosure of risks should be sufficient for individual investor protection. If regulators do not believe that investors understand the risks from the prospectus, then what does this say about efforts to protect investors in domains beyond these funds? Moreover, what risks are unique to these funds that regulators
I feel strongly that FINRA's proposed rule (#22-08) is incorrectly applies 'investor protection' as FINRA's stated purpose is, specifically with regard to leveraged and inverse products. As a user of such products, were these rules implemented, I would be forced to potentially re-create the same sort of exposure on my own which is a far greater risk to my own
I strongly suppose SEC proposed Rule #S7-24-15 I believe just like everyone has a choice to smoke, drink, choose their career the people should also have the choice to invest their money where ever they deem best. You shouldnt have to prove a high net worth to be able to have access to riskier funds.
I oppose any restrictions that may unnecessarily eliminate or appropriate restrictions on investments being considered under SEC Proposed Rule #S7-24-15 to the extent that it provides a platform for intuitions to manipulate or gain advantage over retail investors. Free market capitalism should not be compromised by individuals fears or inability to educate oneself in an era of communication and
I lost tons of money by holding inversed leveraged ETFs, but it has more to do with Feds willfully propping up the market with easy money than misunderstanding of the risks of these type of instruments. Investors should have the freedom to invest in what they believe, and the regulator should be make sure fair rules for everyone, not by limiting the instruments available to investors.
Investors should not be vented with personal investment decisions. The prospectus outlines all extra risks and no one should be tested or censored by anyone if a decision to invest personally. I have a right to do what I want with my own money. Regulators should not harass investors with rules about purchases in leverage/geared investments and pay more attention to crypto?
I oppose the proposed SEC rule change. We the investor should be able to make decision regarding what we want to invest in without any limits. Leveraged funds can be complex, but we the investors should decide if they are the right fit for our portfolio. Furthermore, Public investments should be available to all of the public,not just the privileged.
While I understand the dangers of inverse etfs, and given the economic uncertainties in these difficult times with inflation, the horrifying war and a divided nation, I strongly urge that the sec does not interfere with free market and our free choice to invest. Please dont change the rules or impede. Its our due process in a free market economy. With respect, Cindy Gu
