Continue to let everyone invest
I should be able to choose the level of leverage myself. Leveraged and inverse funds are an important part of my investment process.
Freedom of investment is part of the American dream. To oppose this is part of
the communist dream !
Please consider that some investors utilize ETFs that are inversely related to financial instruments like stocks, indexes or bonds to short a market without the unlimited losses possible if shorting those instruments directly. These types of ETFs allow small investors to limit their risk and conveniently position themselves to benefit from declining markets.
Additionally, instruments that
I oppose any restrictions to limit the access to any public investments to common investors. Some brokers already restrict access to some securities which frustrates me. A caution to investors is all that's needed which is already done.
I should have the right to invest my money into whatever I want whenever I want. I am an avid investor now and want to continue that with no changes.
Please do not limit the average person's ability to trade leveraged and inverse ETFs. Add an option requirement like options if you must, but please do not take away yet another tool less wealthy investors can use to maximize the value of their trades. Risk is an inherent part of the market and just because something is risky does not mean that it can't be understood by the
I want to preserve my right to choose to invest in public funds. Its disrespectful for government to assume they are more intelligent and can make better decisions than me about my own personal matters. Sometimes I win sometimes I lose but its always my choice
Comments:
I have been investing in the stock market for almost 39 years including 29 years working as a financial advisor.
I have traded leveraged and inverse ETFs
in my own account and understand the risks of same. Fidelity has provided ample warnings of the risks associated with these
Instruments. I would be supportive of FINRA efforts to protect investors for whom these ETFs would be
This regulation could adversely affect the fair share price
