I believe that these new regulations will help people. Many people don't understand anything about investing, and might put all of their money in one single stock, and lose it all.
Many people are not capable of understanding investment risks. I do not believe that "my rights will be taken away" if these regulations are made law. That is silly.
This would be a travesty to the integrity and impartiality of all markets.
This is anti-consumer and not ethical.
MAKE IT EASIER TO TRADE PRODUCTS NOT HARDER.
There should not be restrictions on what an individual should be permitted to invest in. There should be consumer protections of course but there should be no complex barriers to investing.
To Whom It May Concern:
I manage a number of family investment portfolios. I am a CPA, Attorney and Computer Scientist. I have been investing in stocks and bonds for approximately 56 years.
I prefer leveraged inverse funds (LIFs) to Stock Options to hedge short-term market volatility.
1. They are liquid
2. I can match a group of equity holdings needed to be hedged.
3. Less risky than Stock
Please restrain from restricting the ability of average retail investors access a variety of funds. Let the investors make their own decisions at their own discretion!!!
Leveraged and inverse funds are a more cost effective way to implement certain strategies in my portfolio. Without these funds, myself and other investors would have to move to other products such as using margin with my broker or put and call options to achieve the same effect. Please do not reduce my ability to invest or the amount of options I have in investment products.
I should be the sole decision maker on my personal investments. I do not need my qualifications judged by regulators.
Peter St. John, Ph.D.
Since this is a free country (USA) we should be able to make our own choices for investments. I do not need someone to test me to see if I am capable of understanding these risks. In fact I have purchased some of these and have been restricted from further purchases when I have tried to average down thereby locking in bigger losses rather than turning them into profits. They will go up and why
Comments: Good day. I am trading the leveraged ETFs after spending long time of learning about it. Now I am successfully trading these ETFs and making money. If these ETFs are no longer available to me for trade, that will be a great loss for me. If someone trading leveraged ETFs without knowing about the risks, its his/her responsibility. Why I should be punished for others action. I also see
Dear FINRA: I am 100% behind your efforts to simplify regulations, level the playing field, and tighten down these abstruse financial instruments that allow the financial industry to poach on US citizens.
Our current consumer financial industry is comprise of grifters, lowlifes and future criminals whose only skill is seeking and creating instruments that bamboozle everyday investors.
Their
