The correct mechanism for correcting these issues is through risk disclosure, which is already done.
I am well aware of the risks and do not want additional obstacles in investing, with the end result of limiting access of financial products to the most privileged.
There are a number of "complex" investment instruments available to the public which enhance ones ability to manage investment risk (which has been very beneficial today with the major indexes down 15-20% for the year). These tools are advantageous and are no more difficult to understand or risky then other investment instruments (i.e. options, industry and specialized ETF's,
FINRA is committed to providing firms with prompt and accurate answers to their regulatory questions. As part of that commitment, FINRA has assigned a dedicated Risk Monitoring Team to every firm which includes a Risk Monitoring Senior Director, Risk Monitoring Director, and Risk Monitoring Analyst.
As an individual investor I consider
leveraged and inverse investment funds very useful to manage risk in my overall investment portfolio. They represent a minority but important percentage of my overall portfolio and are utilized to help offset and mitigate risk in my more Substantial longer term positions on a short term basis, avoiding disruptive transactions in my long term holdings.
I am
Every investment caries risk; the products sold through ProShares discloses the risks of their products. I dont not feel it is necessary to make purchasing a product more difficult. I sue the products to help balance my portfolio. I appreciate leaving things as they are.
Comments: Im concerned that FINRA will attempt to strip away the ability for these products to be used effectively by active traders who use these complex products for what they were made for, short-term active trading. I understand why you would want to help those who use these for the wrong reasons, such as long-term investing, what they were not made for.
I agree that brokers could do a better
I have been investing some of my savings in the markets responsibly for almost 20 years and I respectfully oppose plans for restrictions on my right to invest in public investments that professional investors have access to. This kind of regulation would achieve the exact opposite of its intent of protecting "small investors" like myself. I should be able to educate myself, follow
Regardless of what (if any) action is taken on this notice, the decision to invest must be with the investor. Limiting retail traders' use of complex instruments represents a dangerous slippery slope. I'm all in favor of curbing advertisements for these products. Likewise, leveraged products should provide clear disclosures detailing their risk profiles and internal workings.
There is no risk to trade such as tqqq if there is no use margin. I have lots of tqqq, if you regulate it what I do with that? Force close it at low to reduce my risk? Of cause that will kills me instead protecting me. Please do not regulate or limit it!!!
I am fully aware of the risks of investing in leveraged and inverse funds. I am on a long-term strategy and plan to continue to invest in these ETFs in the future. Please understand that is unfair to prevent me from investing in these ETFs in the future at my own risk.
