The proposed rules will add more regulations that are not needed. As an individual investor I enjoy access to various products that can be used for any strategy I want to employ. Sometimes a strategy will involve a leveraged or inverse funds, sometimes it maybe about involving cryptocurrency, sometimes it is just about having access to a specific sector.
Before making any investment every
Guidance on FINRA’s Suitability Rule
As a shareholder of leveraged and inverse funds, I take my own risk without any pressure to buy and own this type of fund. The regulation if established will restrict my choice or freedom to create my own investment strategy. I accept the high risk of this leverage ETF for a loss or a high return. It is an important portion of my investment portfolio. If the regulation is introduced, the risk
I began trading options more than 10 years ago. I studied with several teachers, able to use a practice account before trading live. I find option trading a way to limit my exposure to market risk, and still obtain the gains I want.
While my general approach is to hold ETFs, use both long, short options trades, as well as holding inverse ETFs to take advantage of market fluctuation.
I understand
It seems that our government is increasingly inserting itself into the lives of its citizens, insinuating that they are not competent to make their own decisions regarding risk. In my case, leveraged investments allow me to keep a larger percentage of my portfolio in cash (liquid and lower risk). The leveraged investments allow me to participate in the market.
I shouldn't have to go
I wish to express my opposition to considerations by FINRA to restrict rights to invest in leveraged and/or inverse funds and other investments considered to be "complex".
With over 30 years of investing experience and formal credentialing (CFP), I consider myself fully capable of understanding the risks of investing in such funds.
Leveraged and inverse funds are an extremely
I understand the risks involved in leveraged investments and I am fully capable of using such instruments in my portfolio to increase the diversity and return of my accounts. All investments carry risks and I have used leveraged funds for over ten years. I should not be required to take any tests or special processes as I feel comfortable and accomplished that my experience and portfolio
It is very important to me to make my own investment decisions, not have them made for me. I want to retain every opportunity to make any type of investment I choose. I've purchased inverse and leveraged funds without excessive risk and have made a profit. One shouldn't have to be wealthy to have the "privilege" of the full range of investment opportunities
Leveraged and inverse ETFs are critically important hedging instruments for managing risk in cost-effective ways. Stripping individuals of the right to freely use and learn about these tools risks creating a market where valuation becomes disconnected from price (as the bets are less precise and more homogenous), and the market loses the ability to differentiate between successful and
Comments on Regulatory Notice 22-08 I am a self-directed retail user of investing products that is approaching retirement. I do not have a finance background per se, but I have a PhD in engineering with a career revolving around probabilistic risk assessment, and financial concepts translate well. I am not necessarily representative of the “typical” self-directed investor that the regulatory
