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Under the regulations being considered by the Financial Industry Regulatory Authority (FINRA),
you may not be able to buy leveraged and inverse funds and dozens of other popular
investments deemed to be complex unless you:
Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a high net worth
Get special approval from your broker
Attest to reading certain
I am a personal investor and self investing for many years. I am using leveraged funds to increase my returns in a responsible way in times of stocks surge - investing a small amount of my total funds, and hedging the investments to prevent colossal losses.
Leveraged funds already send out learning material and warnings to customers investing in those funds.
Limiting these investments to the only
I have seen warning provided by the broker website on each buy trade. In addition I had to go through a risk signup document to confirm that I understand the risk.
Above steps are good way to provide disclosure on every trade.
However if the changes are being planned to make an investor go through certain tests then I think that is excessive, and would not appreciate putting such restrictions.
I understand the risks and rewards of leveraged funds, and have used them to my advantage. However, I understand they can be dangerous in the hands of the uneducated. I believe some type of mild screening process would be useful, i.e., specialized reading materials and a test targeted at leveraged funds only, without other more heavy handed restrictions. The individual, once educated, has a right
I have recently established a brokerage account which was made available by my company. I have applied a portion of my 401k income towards leveraged funds. I am well aware of the risks and consider myself to be an informed investor. I do not believe I should have requirements imposed such as tests. Nor do I believe I require a cooling off period as I have already invested effort and expense into
I oppose restrictions on my right to invest in leveraged or inverse funds. These funds are important compositions of my portfolio. It makes investment more rewarding for many of us. Without these funds, I will have to invest in stock options instead when I want to use leverage. The restriction on my rights makes it unfair for me in comparison with investment agencies who have more resources,
Establish Regulations on Crypto with a new Standard (not old Howey Test) based on utility and on if they had used an ICO or not! Then once President has been established guidelines and legal actions can be taken. The legal issue taking up with XRP is not just! There is no set standard and to start legal action after 8 years is ridiculous. XRP Never had an ICO, they have all kinds of utility. Each
I'm appalled to hear that regulators want to restrict access to these investment products. Why is it that all of a sudden they are considered with complexity and investor protection when they weren't before. Do they fear that there isn't enough liquidity in the market to support the potential valuation of these products as the stock market continues to be volatile and
Hello, I wish to keep the ability to use leveraged and inverse ETFs in my trading. I use these to protect my account. For example, I use the 2x leveraged inverse treasury ETF (symbol TBT) to protect bond holdings in my portfolio as interest rates rise. I have used inverse Nasdaq 100 leveraged ETF (symbol SQQQ) to protect my holdings in technology stocks when the market enters a down trend.
I completely oppose restrictions on any leveraged ETFs for retail traders. This is our money and we demand the right to choose how we invest and trade. Are you going to restrict our ability to buy and sell options soon? Or how about simply prevent people from even trading stocks? Are you going to force us to put money in CDs only? One thing leads to another. The absurdity of preventing
