It is important to allow the free market to stay free. Restricting retail investment simply make them view the market as rigged and they well In the long run stop investing all together.
Leveraged and inverse funds or ETF are useful investment instrument for investors to manage and protect their investment. Equivalent to options, their work well and should be continue to be available on the market. Do not mess with them please.
As an investor i understand risk and rewards associated with 3xleverege ETF as well inverse 3xleverege ETF .And I am totally against and rule imposed on small investor which will discourage investing.
There are many individual stocks which have been and continue to be more volatile then leveraged stocks.Are you going to regulate them as well. leveraged stocks are safer than borrowing on margin. That is a fact.
I have been actively trading for for 40 years. I have experience in trading comodity futures as well as stock options. I am fully aware of and accept the risks involved in leveraged and inverse funds.
Effective Date: May 1, 1995
SUGGESTED ROUTING
Legal & Compliance
Operations
Registration
Training
The Securities and Exchange Commission has recently approved revisions to several NASD qualification examinations. These changes become effective May 1, 1995. The revised examinations include the following.
Investment Company Products/Variable Contracts Representative
Nanny state tactics that determine how, when and why I invest need to stop. I have gotten by so far without government oversight and can continue to do so very well.
Almost all of investors are already well aware of the meaning of investing in leverged or inversed etf and no one can or should limit the personal choice with their own money
I totally oppose for the FINRA regulatory notice
I currently hold my series 7 and 66 and work for Wells Fargo Advisors but cannot continue to invest in ETFs that I choose because of the gov't restrictions. How is it their job to decide how I invest?! That's insane!
Leveraged S&P funds have been critical to how I take advantage of trends as well as manage risk in my portfolio simplistically without the need for margin or options. Do not take them away!
