FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
Free trade is free trade. I use inverse leveraged funds to help hedge my portfolio. In these volatile markets these are necessary tools to mitigate your personal risk. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leverage and inverse funds. I completely understand leverage and inverse funds and their risks. Public
I oppose restrictions to my right to invest. I already have passed tests to prove my competency. I want the same rights as members of congress. Bureaucrats mandating restrictions has been a proven failure.
I alone know what risk exposure is acceptable for me, not FINRA regulators. I have spent two years fine tuning a strategy that lets me vary my risk exposure using a mix of standard and leveraged funds to take advantage of market behavior. Blocking access to these leveraged funds will wreak havoc on myself and others in my position who have spent the time and energy to create smart and intelligent
I do not believe regulators should be able to choose which investments may be proper for me to invest in. Leveraged investments allow me to achieve the level of returns that I want with only having to risk 1/2 to 1/3 of the amount of money that I normally would. Inverse funds help me hedge against losing gains in other funds. Having a well rounded portfolio is always better than half a strategy.
I should be able to choose the investments that I would like to invest in without going through special processes like a test. I am capable of understanding how funds work that are leveraged or inverse funds. These types of funds provide the flexibility to add diversity to my investment strategy. Regulators should not be limiting investment options.
Dear Sirs:
I invest via a systematic quarterly plan that utilizes leveraged ETFs. I know what I am doing. Correct use of these leveraged products is a key part of my financial plan.
Leveraged funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and benefit from
