Dear FINRA,
I heard that regulations are being considered by FINRA to make certain popular complex investments unavailable to by bought by general public, including leveraged and inverse funds.
Ive been using leveraged ETFs in particular for long time as investment and trading vehicles and Im very concerned that myself and other market participants will no longer be able to buy those ETFs. I
I recieved an email today about proposed restrictions on inverse and leveraged funds. I want to express how these funds can be a valuable tool to retail investors
With so many changes in trading in the last few years. No fee and fractional shares. It has opened opportunity to people with less money to invest
For years i used a name brand broker buying their mutual funds and holding forever. I
The Honorable Gary Gensler
Chair, Securities & Exchange Commission
100 F Street, NE
Washington, DC 20549
Re: Proposed changes to Options and Inverse Funds
I am opposed to a wholesale elimination of trading of Options and Inverse funds. These products provide important functions in the market, and should not be eliminated. However, I recognize that these products represent leverage in
Leveraged Index Funds are less complex than the mutual funds non-accredited investors can purchase through personal brokerage funds. This is largely for 3 reasons: The fees are easier to understand, distributions and dividends are easier to understand, and returns are easier to understand.
Mutual funds are notorious for complicating their fee structures and, (as someone who has passed the SIE
Comments: I am a long time investor of L&I products. For 20 years I have used these products to successfully grow my portfolio. In 2008, after having done extensive research on the impending undermining of off balance sheet investments done by banks with mortgage securities, I successfully grew my portfolio, in spite of the professional advice given by traditional brokers. I specifically
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EXECUTIVE SUMMARY
The NASD requests comments on a proposal to rescind the Guidelines and to amend Article III, Section 35 of the Association's Rules of Fair Practice to include items that were contained in the Guidelines regarding
*In response to requests for an extension, the comment period has been extended to February 21, 2023.
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FINRA has begun developing a machine-readable rulebook to assist users to more readily analyze and search FINRA’s rules. As part of this initiative, FINRA is creating an embedded taxonomy (which is a method of classifying and categorizing a hierarchy of key terms and concepts) within
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Updated as of March 25, 2024FINRA believes that it is appropriate, after a reasonable period of time, to look back at its significant rulemakings to determine whether a FINRA rule or rule set is meeting its intended investor protection objectives by reasonably efficient means, particularly in light of environmental, industry and market changes. These retrospective reviews look at the
FINRA believes that it is appropriate, after a reasonable period of time, to look back at its significant rulemakings to determine whether a FINRA rule or rule set is meeting its intended investor protection objectives by reasonably efficient means, particularly in light of environmental, industry and market changes.