Forcing Traders to only have an opportunity to make money
when the Market goes up will be like leading the Herd to the
slaughterhouse. It will be seen as usurious, and predatory.
The whole system/edifice is based on Confidence. If that is
Destroyed, the clients will seek other means to execute trades
like that of peer to peer transactions, leaving the brokerage house out of the "exchange
I do not think regulators should play with what we can invest in when they have a record or allowing bitcoin investments and allowing ESOP investments 100% in untraded stock. Clearly, stopping leveraged investments is a play by people who do not want common traders to use them.
With over 40 years trading experience, inclusive of options, I utilize inverse ETFs as a means of insurance against unknown market events; typically limited to less than10% of total assets. These market tools are valid investments and like all tools in all disciples, when used correctly, enable individuals to complete tasks. Education NOT restriction should rule the day. We live in a free
I value the freedom to access a broad range of investment products that help build better portfolios I want to maintain my current freedom to invest in public securities of your choosing.
Investing should not be limited to rich people or the inside traders in Congress!!!!
As a private investor I feel we should be allowed to invest in what ever we want to.
To whom it may Concern,
I received this alarming message about investing in a complex security that if Finra passed, it would limit our ability to buy more shares. It is very unfair if you committed to a position understanding the rules initially and planned out your strategy for the whole year, and in the middle of the battle, the rules change. This is very unfair.
Investors are fully aware that leveraged investments carry greater risk. Brokers remind us of that ad nauseum.
Thanks for your concern, we do not require further help in this area, and would appreciate your staying out of the way.
Personalized financial risk should not regulated or decided by a 3rd party. Individuals should be allowed under a freestanding republic to partake in behavior that is deemed by others as risky if it does not harm nor impose on others freedoms. This is such a case. individuals should be allowed to decide their own personal fate, not be dictated/FORCED by others no matter how well intentioned....