To whom it may concern - I am violently opposed to any rule restricting access to investment products for the public. This is just another mechanism to make the rich richer, and steal money from the masses who are trying to build wealth through sophisticated avenues. Your hubris in attempting to control the public's investment options by claiming that it is "in our best interest"
I should be allowed to invest freely into projects that I see financially beneficial and not be locked out of the real gains because of some ridiculous rule that states I'm not eligible because I don't have enough money. That reasoning was forced into law to keep people from bettering their selves and goes against everything America was supposedly founded on. I will echo this
Please allow personal investors to buy these type of public investments without putting up roadblocks based on bureaucratic rules with no basis in facts. I have invested in inverse funds and derivatives for over 20 years and have averaged at least an annual return on my investments of 11%. In times of bear markets, leveraged and inverse funds are a great tool to get a positive return on your
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Senior ManagementInternal AuditLegal & ComplianceOperations
Executive Summary
On August 13, 1993, the Securities and Exchange Commission (SEC) issued a no-action letter that allows broker/dealers to treat foreign equity securities listed on the FT-Actuaries World Indexes (Indexes) as having a "ready market" under SEC Rule 15c3-1 (net capital rule
FINRA Requests Comment on Proposed Registration Category, Qualification Examination and Continuing Education Requirements for Operations Professionals
If there is one way I can make up my losses, is thru leveraged ETFs. Please stop this madness. Traders are smart enough to read and educate themselves before buying leveraged or inverse ETFs, including myself. If you like to help the traders, here is something much more important you can do: Make our funds available right away after each transaction and/or at least within the hour. In this age of
[REDACTED] Instead of holding naked short sellers accountable, or exposing crime in dark pools, or punishing the racketeering and fraud running rampant on Wall Street, you [REDACTED] who claim to operate as a regulatory agency have conceived a plot [REDACTED] retail traders instead. Because you [REDACTED] think the little people shouldn't be able to invest in stocks that your supposedly
I am opposed to the proposed rules adding restrictions on purchases of leveraged investment products for individual investors. Individual investors should have the ability to choose what strategies to utilize and the equities they purchase. Investing with leveraged and inverse ETFs provides me the ability to take advantage of market movement and sector activity without risk of concentrating into
Comments: To: FINRA,
I have been an active trader for many years using Leveraged and Inverse (L&I) Funds fairly successfully. I understand their limitations and risks from various literature/warnings and from my own experience. I strongly suggest that investors and brokerage firms do not need additional regulations to effectively use L&I Funds. This would only make these
Why would you be taking our ability to invest in leveraged funds away from us? Ive been investing for over 40 years and regularly use these types of funds as hedges against certain events.
Perhaps turn your efforts against the Wall Street market makers and movers who unfairly manipulate the market with dark pools and paper shorts that never have to be made good on by actually delivering instead
