I am writing in regards to possible legislation which would limit the use of leveraged and inverse ETF's. I ask that you please do not limit or get rid of these ETF's. These financial instruments have given me the ability to grow my retirement account faster and provide supplemental income for my family. If you want to put an additional disclaimer that investors are required
My personal income and livelihood is based on my access to a broad variety of public investments. As an active trader, I have learned to use a mix of these to produce a modest, reliable, steady income regardless of market conditions. Leveraged ETFs (inverse or otherwise) are critical tools that allow me to minimize my exposure and preserve my capital. I prefer these ETFs to more time-sensitive
To whom it may concern,
Regarding the disturbing news that you are going to start regulating and possibly preventing me from purchasing some publicly available leveraged ETF's, I wanted to relay my opposition to such a plan. I have several of these holdings in my retirement and taxable accounts and am fully aware of the risks and significant swings along with the market. Have you seen
I strongly disagree with limiting the leveraged and inverse fund. Firstly, USA flaunt it is free market all the time. If regulators decide to do so, then whats the difference between USA and China. How can USA complain about the China is not free market? USA is not free market neither. Since 2020, FED has infinitely printed money in the name of saving economy to pump and manipulate the financial
Individual investors did not blow up the economy in 2008 with the use of leveraged investments they didn't understand, over-leveraged financial institutions (and the credit agencies that bodies like FINRA failed to regulate) did. Are you planning on prohibiting those same financial institutions from using leveraged investment or are you going to once again bend retail over in the guise of
I have been investing some of my savings in the markets responsibly for almost 20 years and I respectfully oppose plans for restrictions on my right to invest in public investments that professional investors have access to. This kind of regulation would achieve the exact opposite of its intent of protecting "small investors" like myself. I should be able to educate myself, follow
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today released a paper providing perspectives on customer recovery of judgments and awards in the financial services industry, with a particular focus on the arbitration forum operated by FINRA. The paper –
finra_perspectives_on_customer_recovery.pdf
– is intended to encourage a continued dialogue
Sec. 2. The administration of any Uniform Practice Code, or any amendment thereto, adopted by the Board pursuant to Section 1, shall be vested in the Board, and the Board is hereby granted such powers as are reasonably necessary to achieve its effective operation. In the exercise of such powers, the Board may issue explanations and interpretations and make binding rulings with respect to the
Sec. 1. The Board is hereby authorized to impose appropriate sanctions applicable to members, including censure, fine, suspension, or expulsion from membership, suspension or bar from being associated with all members, limitation of activities, functions, and operations of a member, or any other fitting sanction, and to impose appropriate sanctions applicable to persons associated with members,
The following terms shall have the following meanings for purposes of the Rule 6640 Series.
(a) "OTC Reporting Facility" means the service that, among other things, accommodates reporting of transactions in direct participation programs (DPPs). The OTC Reporting Facility comparison function will not be available for those DPPs that are not eligible for clearance and
