Enrique Lopez Comment On Regulatory Notice 22-08
We the retail investors should be free to make our own investment decisions, regardless of the risks involved.
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We the retail investors should be free to make our own investment decisions, regardless of the risks involved.
Dear Regulator,
Leveraged ETF and similar products should most definitely NOT BE ALLOWED AT ALL in individual retirement accounts. These products have cost me tens of thousands of dollars in losses. They are absolutely toxic and should not in any way be allowed in any form in individual retirement accounts, period.
Thank you for your concerns.
It is my understanding that FINRA is trying to limit peoples ability in invest in leveraged an short leveraged ETF's. Are we being forced to lock in losses on our portfolio? It will be a huge disincentive to invest (raise capital) in American business if investors do not have the ability to be short. Why would anyone be long stocks? The market will go down further with this stupid type of thinking because there will no way to hedge a position and people will not invest long term. Investors do not have the ability to use futures in retirement accounts currently.
Leveraged and inverse funds are important to our
investment strategies. So do not discontinue our ability to invest.Thanks
Over the past 20 years millions of small investors have chosen to make their own investment decisions, and have invested time and money into EDUCATION. It's very clear that wealth has been consolidated .... to an unprecedented level ... and that trend is just continuing. Are leveraged and inverse ETFs risky investments? Surely they are. But with earnings (EPS) at nearly record levels, near-term volatility is inevitable. Let's keep these investment options open to everyone while focusing on education.