Protect my choice to decide what public investments are right for me. Having traded options for decades I am experienced and knowledgeable about understanding electronic traded funds. They are part of my own investment strategy and I make my own decisions. It's not complicated for me and I don't need new restrictions to make it more difficult.
This is completely unfair to the retail investor and is just another example of trying to limit the people's rights on investments. Using leveraged funds are essential in day trading, especially when day trading. We as individuals are completely capable in self-sufficient research without having to pass any forms of tests. Public investments are meant for the public, not just the elite.
I should be able to use leveraged funds and index funds to invest as it is easy to track instead of individual shares. Individual shares needs to be tracked daily, monitor their business, monitor quarterly results which consumes lot of time.
Leveraged funds are easy to manage and could trade easily without any hassles and they were trading since years.
I strongly oppose investment regulations. T+ made it very difficult to sell/buy back in a timely manner due to this limitation. I depend on leveraged/inverse vs investing in much riskier individual equities to smooth out the day to day moves, bad earnings.
Stop the after hours trading unless every single investor has the same timeframe of trading!
Restricting investments for individuals in any publicly traded security or fund/ETF should be forbidden. Who are the regulators that seem to think that they get to play "God" with my money. Exchange traded funds/ETF's, stocks all go thru rigorous disclosure requirements and clearly indicate there is "risk" of loss when investing. This is clearly
The ETFs are a great alternative to trade with less risks than futures, you should regulate more those ridiculous margins that futures brokers are offering, a huge percentaje of new traders loose the account because you allow margins in futures for day trading that are dangerous.
With ETFs the risk is less because you use less leverage.
To FINRA regulators,
It is unimaginable and blatant discrimination that you would even consider which stocks or etf's a person may or may not trade. I am fully aware of the risk associated with trading leveraged and inverse funds and they are an important portfolio tool. You need to either ban leveraged and inverse funds completely for EVERYONE or leave things as they are.
Respectfully
To FINRA
I plead to you on my behalf & on behalf of my family. I am a "small" account holder, for the past 10 years I trade "only" these leveraged ETF's & ETN's. I mastered my own system and this is my only income. If you regulate these investments to large accounts I will be cut out of my livelihood. Finding a new
As a long-term holder of leveraged and inverse investment positions, I would vehemently oppose the removal of these investment vehicles.
These investments broaden my set of choices and exposure without requiring as much capital or the need for options trading.
The removal of options from a publicly traded market place deprives it of diversity. Diversity allows investors to better invest their
The last thing investors need is more bureaucracy between us and our desired investments. Publicly traded investments and brokerages already provide substantial disclosures and education for those looking to improve their investment returns. No one stumbles upon inverse, leveraged, or other specialty ETFs or other trading vehicles. We have identified a specific need or opportunity, and seek out
