Please do not remove the ability for me to trade leveraged funds. I am aware of the risks involved and am willing to take those risks for the potential gains. I shouldn't have to pass a test or have a certain amount of money or go through any other process to be able to trade these funds. I do not need the government to tell me how to do my investing! Thank you.
Please consider my comments on FINRA Regulatory Notice #22-08. Leveraged funds provided on the open market (such as TQQQ, and SQQQ as a short vehicle) provide an equal opportunity for all investors to participate in returns for profitable investments without needing to understand and be involved with complexities of option trades. In an open and free market, such investment vehicles should be
Whereas Federal bureaucrats ought not restrict the rights of citizens to participate freely in financial markets,
whereas I, not distant technocrats to whom I am a mere data point, ought to choose which investments are correct for me and my current investing situation / strategy,
whereas I should be able to access any investment or type of publicly traded security without capricious and arbitrary
There should not be any limitations for anyone wanting to trade or invest. We don't limit people other than age to drink, drive, or smoke they are far more risky than trading and investing. People know the dangers of smoking and yet people have a choice. Gambling is risky and people have a choice to gamble traders and investors should also have the chance to choose if its to risky for
Consider additional warnings on trading platforms so investors better understand the risks, but please DO NOT restrict trading in ProShares for retail investors. My husband and I invest carefully and have done quite well with ProShares funds in the past. Other investors' ignorance or carelessness should not be a reason to keep us and others like us from investing as we wish in the
Even though I am a relative small investor and by regulator standards may not be considered sophisticated enough to make leveraged or inverse trades, I believe that I should bear that risk and be able to participate in such trades in a timely manner. I am capable of evaluating such products and that should by my responsibly and authority. Current warnings and required statements by brokers are
My broker notified me re: a proposal that would force me to qualify to trade a public security focused on cryptocurrency. I oppose any type of qualification to trade these securities. I understand
cryptocurrency funds, such as BITO, and their risks, and i limit my total investment in such securities to about 1-2% of my portfolio. I know how to be cautious, and do not need government regulation
To whom it may concern,
Ive been retired for 5 years. Ive also been trading leveraged funds for more than 20 years. Theyve become an important part of my financial plan.
Taking away my ability to trade these funds makes no sense in a free market country like ours.
I cant emphasize enough about how strongly I feel about this freedom.
Why are regulatory busybodies thinking that I am 3 years old and need to be "protected" from myself?
I'm a grown man and can make my own decisions. I strongly resent any attempt to deprive me of this right.
My trading plan uses leveraged ETFs as a part of reducing the volatility and risk of my entire portfolio.
I insist that no changes be made to rules/regulations
I have traded stocks for over 35 years and one of the most important rights we have as investors is the ability to make our own decisions on what specific investment vehicles we choose to buy and sell. Regulators should not limit this ability for individuals and should instead focus on finding those individuals or corporations abusing the system. Anyone that is investing should do their own due
