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Regulations prevent small investors like myself from participating in venture capital and hedge funds, keeping more wealth in the hands of the wealthy.
UPRO's leveraged investment options are a critical component of my portfolio. Leveraged, they increase risk, but are also tied to market performance which diminishes single company/industry risk whereby I can choose the risk level I want for my portfolio.
Folks investing in UPRO understand the inherent risks. We're not children.
When it comes to public securities, we do not need additional regulations. The market needs all the help it can get, not additional and unnecessary obstacles to investor autonomy.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Dear Sirs & Madams--
I oppose being restricted in investing in leveraged investments. I have been doing so for many years now as a supplement to my primary retirement "buy and hold" investment strategy. I am range-trading a small percentage of my overall portfolio using leveraged funds.
Frankly, I'm not sure why FINRA is getting involved with this. I would think you could find better ways to serve the public.
