Me and only me should decide what or what I can not buy for me and my family. I should not have to take classes or jump through any hoops to be able to do so.This is a free country and people should be able to purchase any stock they wish and should not only for the privileged. They had to start somewhere to get where they are and everyone should be given that choice
These regulations will more broadly effect individual investors and again give more advantage to institutions which already have significant advantages in the market. It is my decision if I wish to invest in leveraged stocks. You can help educate individuals but to take their decision making away from them is unlawful, Especially when my right to invest is not imposing on the rights of other
As an experienced and knowledgeable individual investor, I strongly oppose any restrictions for the adult investors to invest in public investments including but not limited to stock options, leverage and inverse fund. The adult investors themselves instead of FINRA or another people shall select and decide the type of the public investments to the best of their interest and investment goals.
Investing in any security is complex. There are individual securities that are of much higher risk than the leveraged securities. The leveraged securities are offered generally for indices which consists of tens of hundreds of individual stocks. In the absence of leveraged securities investors will go into margins which is equally risky. Investor education will certainly help but it should
To regulate L&I index funds is a grossly misguided decision. If FINRA seeks to protect investors from complex products, they should instead go after options, derivatives, short-selling, and other truly complicated financial practices. L&I funds are traded by average retail investors like me in the same manner that stocks are traded; they are simple to understand and necessary to
Comments: I've been using Leveraged and Inverse ETFs for a few years now. While there are risks involved, there are risks with investing with Non-Leveraged and Non-Inverse ETFs, and with stocks. Accepting risks is part of investing. Limiting what I can invest in would do more harm than good and limit opportunities in the market. I don't want to see access limited to Leveraged and
I use inverse ETFs to reduce investment risk by hedging my common stock investments. We don't need additional advantages for the privileged, such as limiting access to these investments. I understand the risks of adverse ETFs and don't need protection. As for others, they may not understand the risks of investing at any time. Should we restrict them, how? Is there no responsibility for
Continuing Education Planning
The FINRA Board of Governors will consider the following rulemaking items at its December 2012 meeting.
Free markets are the hallmark of a free society. However, freedom is not a privilege of the few or those with a series 62. It is the right of all to invest in those instruments that meet their financial needs including the ability to hedge. Leverage and hedging provide me a way of allocating capital, managing tax burdens, and stabilizing returns. As a data scientist with an MBA in finance,
