I do not wish to be subjected to any limitation to my ability to buy leveraged and inverse funds. This is my money and if I lose it then it is my business and not that of a government or any other regulatory body. Stay out of it.
I use these products to hedge investments in current down markets.
Dont do this. Regulation has its place and is critical for truthful reporting and legitimacy of entities but this goes too far. It is not the place of government agencies to decide what the public can or cannot invest in. The United States financial system is not perfect but this is a solution to problem no one has asked to be fixed. Our capital markets offer tremendous opportunity to everyone
FINRA,
This new rule seems to badly discriminate against small personal investors. Why are you chasing me out of my current positions in leveraged ETFs? It is a bad plan to make the market for leveraged funds an oligopoly because it comes with the exclusion of disciplined personal investors who are capable of accepting risk.
I shouldn't have to go through any special process- like passing a test- before you can invest in public securities,
like leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds and their risks. Ultimately I am the one responsible for the handling of my money, and these measures should not be imposed.
I strongly oppose any attempt to limit the right to invest in products identified as leveraged, inverse or other investments designed to seek enhanced returns.
These investment products should not just be limited to "privileged" parties but should remain in the public domain available to all investors.
ANY means tests to purchase or invest in these funds should not be required.
As an investor I am aware of risks involved with any trade. More regulation of the types of trade I am allowed to participate in is over-regulation and unnecessary. Don't deny me the opportunity to seek gains by choosing investments that you may deem as too risky or requiring more education.
You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. It is very important that you express your views in your own wordsyour comments are more likely to be taken seriously by FINRA if they reflect your own experience and perspective. Not only do you have the
I OPPOSE RESTRICTIONS TO MY RIGHT TO BUY LEVERAGED AND INVERSE FUNDS.
I oppose restrictions to my right to invest. I should not be limited in the investment opportunities I can capitalize on to build wealth. This regulation isn't for protection or guidance; it's to deny people of lower net worths, lower classes, and less privilege access to build wealth. The United States prides itself as a country where people can build themselves up, but