As long as the investment vehicles are legal, legit, and risk fully documented, I see no issues in letting a typical / average investor make their conscious investment decision. I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. As an average investor (Im currently using/ investing in proshare shorts/long 3x etf), I find most information available online and typical financial professionals discussed nothing more than holding long term into the future; If you dont like what you own, sell it, simple right! From personal experiences, I find that holding long term, diversifying or asset allocation simply doesnt work for me during a downward stock market or worst in a bear market trend. If short/long ETFs are prohibited for average investors like myself, whats stopping us from getting involved with options and futures? By limiting leverage long/short ETF to me; the regulators are doing nothing more than increasing trading cost and the hassle of having multiple accounts. I understand leverage ETFs are not meant for everyone. These investment products need warning signs but not more regulations. As an average investor, I understand my risk and Im willing to take them. Please let this market to continue the way it is. Thanks. PS: please remind FINRA to update their information concerning investment returns calculation on their website. I'm not sure if anyone still remembers this: FINRA return calculation information was used in Beardstown Ladies book. It might be easy to just have a link relating to GIPS
Tony C Comment On Regulatory Notice 22-08
As long as the investment vehicles are legal, legit, and risk fully documented, I see no issues in letting a typical / average investor make their conscious investment decision. I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. As an average investor (Im currently using/ investing in proshare shorts/long 3x etf), I find most information available online and typical financial professionals discussed nothing more than holding long term into the future; If you dont like what you own, sell it, simple right! From personal experiences, I find that holding long term, diversifying or asset allocation simply doesnt work for me during a downward stock market or worst in a bear market trend. If short/long ETFs are prohibited for average investors like myself, whats stopping us from getting involved with options and futures? By limiting leverage long/short ETF to me; the regulators are doing nothing more than increasing trading cost and the hassle of having multiple accounts. I understand leverage ETFs are not meant for everyone. These investment products need warning signs but not more regulations. As an average investor, I understand my risk and Im willing to take them. Please let this market to continue the way it is. Thanks. PS: please remind FINRA to update their information concerning investment returns calculation on their website. I'm not sure if anyone still remembers this: FINRA return calculation information was used in Beardstown Ladies book. It might be easy to just have a link relating to GIPS