To whom it may concern:
It has come to my attention that FINRA is considering significant and severe restrictions on my right to select my own investment vehicles. I don't need "a parent" to oversee my investments and protect me from myself. Candidly, I think this is an overreach of government powers. I am an experienced investor with a background in the financial
Please stay out of my investing decisions.
My brokerage firm required me to listen to a statement detailing the potential risks for options before I could start trading them. Since options can similarly be used to achieve leverage or inverse returns, I think this is a reasonable requirement for trading in leveraged/inverse funds. At the end of the day, higher expected return comes hand in hand with greater risk. If a given investor isn
keep off are rights..........................................
I have been advised of the risk involved with investing in leveraged funds. It is my choice and I am willing to accept the risk associated with this type of investment.
I believe it is overreach when the regulators are attempting to restrict the type of investments a holder may purchase. There is no need for regulation to restrict investors from investing in their choice of funds.
Please don't block us from trading leveraged ETFs.
As my investments are managed by a Fiduciary 3rd Party Investment firm I trust they know what they are doing and these restrictions on my ability to invest MY MONEY is another government overreach.
I have the financial security to tap into these more aggressive strategies that help build reasonable overall return given these times of severe inflation and horrible fixed income ROIs. Please place
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
It is my right to succeed or fail by my own decisions , not based on government control. The American government is to big and uncontrollable. State sponsored leadership.
I believe this proposed regulation is unnecessary and an overreach. I fully understand the risks associated with leveraged and inverse ETFs and don't believe I should have to take any "tests" to prove that I understand what I am doing. I use them as part of my overall investment strategy to manage my risks and/or enhance my returns. These types of investments are only a