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
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
Comments: I am writing to voice my concerns that the FINRA is proposing limiting access to Leveraged ETFs. I have a strong understanding of the risks involved with L&I funds. I completely understand that L&I funds are for short-term trading and they must be monitored daily, even hourly on certain days. My brokerage firm provides me education, transparency and a risk disclosure
Please think about this: the proper place of government regulation of investing is to make markets honest....to prevent one party from cheating or stealing from another. So for example, you could enforce honest prospectus language. Another appropriate regulation would be to ensure an equal playing ground for all investors. Regulations could support every investor's access to these funds and
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I strongly oppose any restrictions on my right to invest in public investments. I believe it is my right to make investment decisions that are right for me and my family without regulators getting involved in those investment decisions. I know what is best for me, and I believe it is very presumptuous to assume a regulator is more concerned about my well-being and investment decisions than I am
Leveraged ETF's and crypto ETN's are part of my broader strategy in hedging and incrementally fine tuning my use of leverage. Retail investors and traders like myself accept the risk that come with leveraged ETF's, and it's not up to regulators to decide how much risk retail investors should take. Retail investors are capable of understanding the risks
In a time when the wealth gap is a great as it has ever been introducing these kinds of regulations is only going to ensure that it gets worse.
Restricting an investor's access, in any way, from complex securities or otherwise; only ensures that the wealthier among us, who can afford to meet these additional requirements, will have greater opportunities to invest than those of us who
I dont understand the need for this regulation.
I understand the risk of EVERY investment I make, whether it be real estate, art, stocks, ETFs, etc. Furthermore, I understand leveraged risk, and I gladly risk what I can afford to lose. I dont know why FINRA feels the need to impose restrictions on such public securities. Baffles me.
Furthermore, leveraged and inverse funds are vital to my
