I should be free to invest where I see fit. I know the potential risks - and rewards - of leveraged and inverse funds and incorporate them into my portfolio to hedge against losses and seek better returns. Imposing restrictions, like testing, restricts the ability to invest in such funds to the privileged and well-connected.
Proposed Rule Change to Repeal Incorporated NYSE Rule 2A (Jurisdiction)
Proposed Rule Change to Adopt Remaining Legacy NASD and Incorporated NYSE Rules as FINRA Rules
Please do not restrict my ability to invest into leveraged funds. I have had very good results by investing into these funds in the past and have incorporated them into my overall investment strategy. Restricting my ability to invest in these funds will hamper my ability to strengthen my retirement plan.
SR-FINRA-2008-012 - Proposed Rule Change to Amend Incorporated NYSE Rule Interpretation 344/02
My personal investment strategy incorporates leveraged ETFs to better and more effectively hedge and grow capital in my personal accounts. These products are more cost effective and liquid than using otc & listed options or other margin-like products and facilities. Do not ban or limit their use by individual investors!
Proposed Rule Change to Repeal NASD Rules 2760 and 2780, Incorporated NYSE Rules 2B and 411, and the Interpretation to Incorporated NYSE Rule 411(a)(ii)(5) as Part of the Process of Developing the Consolidated FINRA Rulebook
SEC Approves Amendments to NASD Rule 2711 and Incorporated NYSE Rule 472 to Conform to JOBS Act Requirements
B. Howell Griswold, Jr.Alex, Brown & Sons, Baltimore, MD1939Francis A. BonnerBlair, Bonner & Company, Chicago, IL1940Robert W. BairdThe Wisconsin Company, Milwaukee, WI1941H. H. DewarDewar, Robertson & Pancoast, San Antonio, TX1942Henry G. Riter, 3rdRiter & Co., New York, NY1943Ralph ChapmanFarwell, Chapman & Co., Chicago, IL1944Ralph E. PhillipsDean Witter
The report is intended to raise awareness among FINRA member firms and the broader securities industry by providing an overview of how developments related to the metaverse may impact business models and processes. While the true implications of the metaverse may not be known for years, the report analyzes potential applications, use cases and challenges for member firms and notes certain regulatory considerations.
