Regarding your considered regulation, I strongly oppose having index and reverse index ETFs having anything to do with it.
While I see some merit in making sure retail investors fully understand risks before directly trading on margin or shorting a stock, the proposal to restrict index/reverse index ETF investors is completely meritless; theres no specialized knowledge required to let the ETFs
I want to be able to decide for myself whether a particular leveraged or inverse investment vehicle is appropriate for my investment strategy. Although I have a middle-income-level job, I do not feel that I should have to submit to some kind of FINRA-mandated means testing or other qualifying criteria to invest in leveraged or inverse investment products. .
I have invested in some of these
I am totally opposed to the Proposed Rule #S7-24-15 for the following reasons: 1. I am a small investor that has invested in leverage funds for greater than 20 years and am quite capable of understanding the risks of using leverage funds. In fact, I find it offensive that a regulator would question my knowledge of the market by using some gimmick like passing a special test related to my
I oppose restrictions on my right to invest in vehicles that are of my own choosing, and I do not believe FINRA should be able to dictate to me about the use of my own money. I am capable of understanding public investment vehicles and I should not have to pass some sort of test in order to invest in them. Inverse funds play an important role for me to be able to hedge other long investments, and
As an investor who has made use of inverse funds, including leveraged funds, over a period of approximately 20 years, I strongly oppose the restrictions and regulation described in this rule with respect to such funds. I am a seasoned investor and am fully capable of evaluating the characteristics, risks, advantages and disadvantages of inverse funds, leveraged or otherwise. I do need a nanny
Survey Shows More Than Half of Respondents Use Financial Professionals, But Knowledge of Investment Concepts is Low and Generational Divides Exist
WASHINGTON — The FINRA Investor Education Foundation (FINRA Foundation) announced today the results of its Investors in the United States 2016 report, which provides a detailed analysis of 2,000 survey respondents from across the United States who
Regulatory Obligations
Regulation SHO Rules 200 to 204 require firms to address risks relating to market manipulation, market liquidity and investor confidence by regulating excessive and “naked” short sales so that purchasers of securities from short sellers receive their securities positions in a timely manner. Regulation SHO requires firms to appropriately mark their securities orders;
This page provides electronic access to materials for registered attendees of the 2019 FINRA New York Region Member Forum. Materials are also available electronically via the conference app. Please check back regularly as we continue to add session materials; all materials will be posted by the start of the conference.
Session Materials
Thursday, December 12, 2019
9:00 a.m. – 9:05 a.m.
To whom it may concern, As a new retail investor, I want to see more transparency in our markets. I've learned that big financial institutions are abusing their privileges given to them; most notably their use of dark pools and naked short selling. An effective way to earn back the trust of retail investors is to put these often illegal practices on the forefront so we can find out what is