Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rules 7610A and 7620A to eliminate transaction credits and trade reporting fees applicable to Retail Participants that use the FINRA/Nasdaq Trade Reporting Facility Carteret (the “FINRA/Nasdaq TRF Carteret”) and the FINRA/
The Cyber and Analytics Unit (CAU) within FINRA’s National Cause and Financial Crimes Detection (NCFC) program is highlighting a statement released today by President Biden regarding possible threats to our nation’s cyber security, urging private sector companies to remain vigilant and harden their cyber defenses "immediately" based on "evolving intelligence that the Russian
FINRA,
I have been trading in the stock market for decades. I hope you would agree that cash is a position if you are investing in the stock market. Sometimes, like now in the current market, a large cash position may be advantageous to maintaining ones wealth.
Likewise, the use of leveraged ETFs in certain sectors or even inverse or leveraged inverse ETFs in other sectors could be positions as
I have been investing on my own for most of my adult life through a process that uses all means available to learn about the best methods and options to secure my family's future.
Investing is always risky, markets do not always continue to go up. However, through the use of leveraged funds I have an opportunity to boost my results above typical market returns while taking into
To whom it may concern, Id like to make my voice heard regarding notice #22-08. Ive been investing for something like 25 years and started using leveraged ETFs since before the " great recession " of 2008, using them with regards to the major indexes. In that time I have never had a problem and the ETFs I used did exactly what they were advertised to do in both up and down markets.
Hello,
I'd like to speak up about this proposed regulation concerning inverse and leveraged funds. As an individual investor, without a high net worth, I'd like to say that I'm perfectly capable of assessing investment risk and am aware of the opportunities, advantages and disadvantages of leveraged and inverse funds. I don't need a regulator to tell me what I
I am extremely disturbed that regulators want to limit my ability to choose financial instruments. The contributor (public) should be able to choose the right investment for their individual situation NOT the regulators. Public investments should be available to all of the public, not just the privileged. This smacks of Government thinking they know better than the individual.
I shouldn'
Dear FINRA, My name is Joshua Barnes, I live in Midland Texas with my wife & daughter. Im a part time retail trader, currently working full time in the energy field, with hopes of self retirement within 15 years. Part of my retirement plan consists of trading all kinds of revenue vehicles, i.e., common stocks, ETFs, stock options, leveraged ETF/ETN, etc. For what its worth, I do recognize
This is yet another example of regulation overreach, and as always, it will hurt worst the people who are already most disadvantaged. Ill keep investing as I want. I have a high net worth, and Ill pass your tests. Im motivated, educated, and investment savvy. I can continue to get 2-3% more per year through my judicious use of leveraged funds, which when compounded over decades makes an enormous
We, retail investors, should have the freedom to choose the right public investment tools. Some people's losses should not limit other people's usage, and our ordinary investors should not be punished accordingly. Also, we understand the leveraged and inverse funds and their risks. There are lots of publicly available materials online and disclosures. After all, if one invests
