Comments: FINRA should not over-regulate the ETF market, which is quite efficient as is. I have traded ETFs for 40 years and they have served me well as far as picking a sector rather than a singular stock.
I oppose restrictions on my right to invest. Inverse funds provide a good hedge methodology in times of rising rates and stock pull backs. I do not want to lose this useful tool in managing my accounts.
We have always had the ability to trade stocks and funds that we have determined to trade. We understand the risks and if people don't then they just need to take responsibility for our trading or not trade at all.
I have been trading stocks and options for over 20 years and have done quite well. I oppose any regulator who limits my ability to continue my current practice and continued success.
I think due to the fact of covid it reall messed up the ability to invest proper and if we aren't able to trade leveraged stocks alot alot of people will loose money and the whole market as a whole will fall.
With a paternalistic misguided view that you are protecting retail, you are in fact restricting risk management actions that can be taken by retail. And in the middle of a correction! Inverse ETFs are liquid and can be sized appropriately while selling covered calls cannot be. And institutions are allowed to trade options during hours retail is not, further impeding my risk management efforts.
I have a modest net worth and am not an investment professional, but have spent 15 years investing in individual stocks, ETFs, and mutual funds. As I have gained experience, my investment thesis has become quite simple: You either believe stocks will go up in the long run, or you believe they will go down in the long run. If you believe the former, then the logical next step is to get as much
The term "complex products" is a mask on an initiative aiming to limit the ability of lower net worth individuals to invest in the same high reward vehicles as their higher net worth counterparts. This regulation is another permutation of limiting access under the guise of limited understanding. Regarding those who actually have a limited understanding, why let them invest in
I want to be able to decide for myself whether a particular leveraged or inverse investment vehicle is appropriate for my investment strategy. Although I have a middle-income-level job, I do not feel that I should have to submit to some kind of FINRA-mandated means testing or other qualifying criteria to invest in leveraged or inverse investment products. .
I have invested in some of these
I_ not the regulators_ should be able to choose the public investments that are right for me. Public investments should be available to all the public and not just the privileged. I am capable of understanding inverse funds and their risks and I don't need restrictive measures imposed on me. I trade _ not invest_ inverse funds using my own short term strategies to enhance
returns.