I strongly oppose restrictions on my right to invest in publicly traded securities, including leveraged instruments both bullish and bearish. I take the time to understand the risks of these funds, and limit my exposure accordingly.
Leveraged funds are an important part of my portfolio management. During adverse market conditions I use inverse funds for hedging; for multiple reasons I don&#
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FINRA has identified instances in which firms that carry customers’ alternative investment assets held in IRAs failed to apply the requirements of financial and operational rules applicable to those assets.20
Dear Sirs,
I as an investor am against additional regulation concerning the leveraged and inversed leveraged funds. I use these types of important investments as part of my strategy to reduce market risk in my portfolio while using less investment to produce the intended results. I have the right to invest my money in investments that are right for my family's circumstances and to
Leveraged ETFs are not always more risky or complex than an individual company stock. Some companies have very complex operations or products that are harder to understand than a 2x ETF. The risk of a single company going to zero value is probably larger than the risk of an 2x stock index going to zero. The use of a leveraged ETF could be related to a need for liquidity, or be tax related. For
Just found out about the proposed restrictions being considered regarding leveraged/inverse investments. My wife and I are retired and utilize products of this type on a limited but regular basis in attempt to protect and improve our retirement income and sources... just like the large and politically connected trading companies. It is absolutely necessary in this messed up economic and political
Dear FINRA Regulators, I write to express my objection to proposed Rule #S7-24-15. I should not have to be a member of an elite privileged group to use public investments like leveraged and inverse funds. These investment vehicles have been an integral, but limited part of my hedged portfolio. Depriving me of that choice does not reduce my risk but increases it. I have used leveraged and inverse
Complex products (ex: leveraged ETFs) are already limited in several wise ways. Limiting the leverage available to 3x is a good policy. However, completely gatekeeping who can access these products would simply increase inequality and unnecessarily increase costs for consumers. Gatekeeping access to all these complex opportunities would be akin to providing the unearned rent seeking through
FINRA has revised the following examination programs:
Notice of Special Meeting of Large Firms and Proxy
This is absurd to say what someone can and cant invest in for the everyday person. We are all capable of understanding what risks are involved as everything in the market comes with risk. I do a lot of investing and trading using leveraged funds and have not had an issue and its where a vast majority of my trading comes from. All this without any kind of test. Its insulting to take away so much
