I understand that you are considering legislation that will further restrict investors from investing in a broad range of public securities designated as complex products. We already receive prospectuses which spell out risks. What is your reasoning for adding more restrictions? As a small investor I want the right to invest in any publicly traded stock or ETF of my choosing. We do not need more
Individual investors have been excluded from the advantages of large trading firms and lawmakers. Taking away individual investor RIGHTS to invest in leveraged & Inverse funds is just another ball & chain on individuals in their strides towards financial independence from Government. If an individual had invested in a triple leveraged S&P index fund for the last 10 years,
Sir/Ma'am,
It has come to my attention that restrictions are being considered that would impose restrictions on the types of investors that can invest in leveraged and inverse funds.
I find the fact that this is even being considered to be deeply hypocritical considering the fact that many individual stocks (nevermind cryptocurrency) have similar or even more aggressive risk profiles
Do not implement this regulation. The federal government never properly evaluates unintended consequences. Stop treating the general population as though they cannot read and understand. Let me invest the way I want to invest. I have been trying to get treasury bonds out of the treasury for eight weeks and cannot even get through on a phone. The federal government is beyond incompetent. What
Dear Regulators:
I strongly oppose the proposed regulation that would limit or eliminate access to leveraged and inverse investment instruments.
These tools are a critical piece to actively managing a portfolio, and provide unique alternatives to individual stocks, passive ETF's and mutual funds.
Given the many events in the last several years that have dramatically affected the
I think we, as investors, should be able to choose the public investments. That is the right for myself and my family. Public investments should be made available to all the public, not just the selected classes (people with high net worth etc.). We understand the risks associated with leveraged and inverse funds. They are important to my investment strategies, which took me over 10 years to
Short positions should be force closed on failure to deliver. The ability to cover a failed delivery with options or collateral does not excuse that an investor is actually stolen from with a failure to deliver. Also of concern, the "can kicking" through synthetic share production by means of options contracts. No one should be allowed to have 400 million put contracts on the books. Is
Im 58 years old. I have more than ten years of investing experience and have amassed more than three millions in stock assets, mainly by using leveraged ETFs to take advantage of severe market sell offs such as 2008 financial crisis and Covid-19 pandemic. I have found that the leveraged ETFs are extremely powerful investing tools for experienced and responsible long-term investors like myself who
I would like to request that FINRA not restrict our ability to purchase leveraged and inverse funds.
Modern Portfolio Theory postulates that our main resource for profit is a function of risk. Almost any investment can have its risk dialed up or down to meet our financial needs.
So, it is prudent to allow all investors the ability to decide for themselves and take personal responsibility for
I have used leveraged and inverse ETFs regularly and profitably during the market correction of the last 6 months. If not for the profit that I have made by using these ETFs as a very effective hedging tool, the value of my stock portfolio would have plummeted by more than 30%. But with the use of these leveraged and/or inverse ETSs as hedges, the overall value of my portfolio has gone up, not
