Comments: I have used leveraged ETFs since 2018 and have been able to understand the risks. I am consistently reminded of the risks and understand that downturns in the market can skew the performance and they are made for short term active trading and monitored regularly. I receive a notice prior to placing trades with my firm and periodic emails reminding me of the risks. I am comfortable with
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FINRA has identified instances in which firms that carry customers’ alternative investment assets held in IRAs failed to apply the requirements of financial and operational rules applicable to those assets.20
In the past 20 or so years, we have had three major market corrections of approximately 37%, 40% and 50%. In all of those cases, it would take close to 10 years to recover the losses, based on normal rates of returns (for example, a 50% drop requires 100% returns to become whole). If you started retirement savings at a time later than ideal, for any number of reasons, you need the ability to
Dear FINRA,
It is heart-breaking to hear that you are considering to restrict retail investors to trade leveraged ETFs. I strongly object any limitation that might be applied on trading leverage ETFs.
It is my personal right to use the financial instrument that I choose to invest my own money. The leverage should be available to all of the public, not just the rich and privileged. Any restriction
I fail to understand why I, an investor, am being restricted from investing in any and all investment vehicles available on the open market. For a country that touts itself as a "free, open, and fair market", restricting me, a retail investor, from using the same investment vehicles available to professional investors is a flagrant and unabashed infringement upon a "free, open, and
I should be able to invest in what I want. I understand there are risks and you should make a confirmation for people buying with the risks. To punish people who learned isn't fair. I've learned through time in the market and losses. Just as any trader. I'm finally profitable in what I do. I use leverage etfs. If people lose money then they should lose it that way they learn
I strongly believe in the importance of all Americans to guide their own financial decisions, to pursue their investment goals without interference. I am many things: an attorney, a wife, an investor, a mom to be, a video game developer... But under these varied hats, a regular American. Investing in leveraged and inverse funds carries risks, but risk is how Americans built this country through
I am a long time investor of Inverse leveraged ETF's. The decay risks are well understood and they are an important part of my portfolio, especially in hedging risk. It is my right to choose how to invest my money in these funds and I do not need the FINRA making more ridiculous rules to protect me from myself or creating additional barriers to freely move into and out of these funds at
Leveraged ETFs provide a convenient way for investors to have expanded exposure to an asset with less capital upfront. I understand the expanded risks of these instruments including volatility decay, but I feel that they suit my investment objectives of gaining expanded exposure to a diversified underlying index such as the S&P 500. I have done the math and assessed the risks, and I
As Shareholders of this type of investment, we take our risks under no pressure to buy or own the leverage and inverse fund. I'm concerned about the special process or regulation, if it ever becomes the reality, it restricts our choice or the freedom to strategize our investment. Given the fact that the specific ETF, a high leverage investment type is high risk and we accepted it. If
