Randall Martin Comment On Regulatory Notice 22-08
I use inverse etf's to hedge my long positions. Trying to short an individual stock is much too risky. A inverse etf is so much safer. Please do not put an end to inverse etfs.
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I use inverse etf's to hedge my long positions. Trying to short an individual stock is much too risky. A inverse etf is so much safer. Please do not put an end to inverse etfs.
I oppose such regulations.
I dont believe that leverged ETF and inverse ETFs should be locked behind account size, its probably fine to require understanding how they work, but if i want to take risks and potentially lose money i dont see why i should not be able to.
I oppose to the proposed restriction.
Hello,
It is important for all investors to be able to access complex and leveraged products without discrimination. By placing a limit on retail investors, we are limiting their ability to make conscientious and smart decisions, which reduces their ability to succeed as investors. By removing the ability for the public to by all public investment products, FINRA is furthering the development of a class society and increasing the economic gap between public and privileged investors.
I am a private investor who has used leveraged and inverse funds for over 8 years to augment a portion of my investment portfolio. There are higher risks investing in these funds that I am fully aware of and capable of managing. Individual investors should have the right to invest in whatever instrument their risk tolerance is matched to, with strategies that they develop to minimize those risks in tune with their own investment objectives.
Do you want Untied States to miss out on the crypto revolution?
You not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
I do not want to have my ability to select whatever public investments that are right for me diminished or restricted.
While I tend to be a conservative investor, the use of leveraged or inverse funds at times has been of value in my portfolio.
While I am not a financial novice and currently am engaged in developing financial models for ICT networks in many countries, Having to pass some type of test or asking Fidelity (my broker) for permission would be onerous.
This proposed regulation needs to be stopped.
No one makes my financial or investment decisions but me. I particularly object to having to pass a test or get a broker's permission to invest my own money as I see fit. I might consent to take the advice of a broker or a government bureaucrat if either of them could demonstrate superb financial or investment acumen, but I consider that unlikely. You bureaucrats mess up with the money entrusted to you; do me the courtesy of succeeding or failing with my own funds.