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
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/ETNs pose risks that some retail investors do not understand. As such, broker-dealers should conduct due diligence before allowing customers to purchase Leveraged ETFs. However, such due diligence should be similar to that of mid-level options trading authority. My advisory firm is in the process of launching a hedge fund which utilizes Leveraged ETFs as a part of a risk-managed
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
Traded securities including leveraged and inverse funds should be open to everyone and not just the rich or the privileged. Their risk is not greater than picking a security that may go down to zero (Kodak, Sears etc.). As a matter of fact, they are safer than single stocks, penny stocks, highly leveraged companies etc. because they represent an investment in an index of multiple companies. Going
PLEASE do not take away ordinary retail investors' right to trade these products. There is an inherent risk in any investment. People who participate in the market should be able to assess for themselves what level of risk they want to take on. If they don't want the risk, there are plenty of other vehicles to trade. Most importantly, these products are the only way ordinary
I, and investors like me, are fully capable of reading and comprehending the prospectus of any ETF, leveraged or otherwise, and making a decision about how to invest our own money in these products. This is a decision that I(we) should be in charge of. Period.
Primarily, I use leveraged index funds to enhance the long term returns on my investments. I do not invest money that I cannot afford to
