Comments: As an active private investor I understand the criticality of having access to inverse and leveraged ETFs. These products enable long term, full cycle investors to take advantage of short-term trends across multiple market segments, providing diversification and risk management of my portfolio. I would hope that FINRA allows for an expansion of these types of investing products in the
Dear FINRA, It has been brought to my attention by my brokerage firm that your regulatory agency is considering stripping me of my right to invest my money as I see fit. I do not believe you should choose what equities or funds in which I can invest or whether or not I take a long or short position in those equities or funds. Furthermore, do not require me to take some course that you develop to
As a retail investor, I am offended that more legislation is being implemented in order to "protect" retail investors who are not smart enough to comprehend products that are offered in the open market. Specifically volatility related products, which are an essential part of hedging for market risk. Why are you attempting to shut retail out of products which we can actually benefit from
I not regulators should be able to pick the investments that are right for me and my investment strategies. This is another regulatory overreach that serves the institutions and not the public, it should never be accepted. I do not need to be patronized by FINRA or any government institution on how I invest. It is those same dumb and shortsighted limitations that are driving social security into
This is a statment that says I live in the US. Were we should have the right to purchase freely any stock, ETF, or any investments we choose with out regulation, passing a test or any other type of legislation that restricts our rights to choose an investment. This proposed legislation infringes our constitutional right to freedom and the pursuit of happiness. Do not take away our rights that we
Im a retail investor. About 10 years ago I bought an inverse ETF fund after hearing it recommended on a PBS stock market program. It never was in the black - it only lost value. Its now down more then 90%. I can understand how these investment vehicles can be effective for sophisticated investors and industry professionals but sales to the general public should be restricted. They are too
Please do not take away my ability to purchase leverage and inverse funds. I have many of these and have invested in them for many years. They have helped me protect my retirement investments. If you can allow all of these young kids to invest in Meme stocks via Robinhood, then why in the world would you restrict us old folks from investing in whatever we want?
I use leveraged ETFs everyday and am well aware of the risks involved. Pulling retail access from them cripples the idea of a free market. Removing them does not make the market any less risky for retail investors, there are plenty of retail investors who have lost it all on worthless meme stocks such as $GME. This proposal makes no sense once its thought out and reduces 0 risk.
Please do not bring regulations that stifle adoption and investment. This is all part of freedom being able to invest in an asset (precious metals, precious stones, stocks, bonds, currency or digital currency etc), claiming America being a free nation, and not allowing financial freedom such as investment as long it's within guidelines of law that protects the investor from scammers and
Gentlemen, I have a masters degree in Engineering. I have lost many thousands of dollars in these transactions. I have also lost more in traditional stock and real estate investments as well as made some earnings. My suggestion is that you can not protect me from myself and this applies to others. I understand the good intentions. However please consider going lightly with qualifications and
