I would appreciate FINRA supporting people like me who wish to trade ETFs and leveraged ETFs especially in IRA accounts where we can control the gains and losses in our accounts. In my case I have over 50 years experience in the markets and would prefer making my own decisions without interference from outside sources. Shorts arent allowed in some accounts and the only way to protect holdings in
I oppose restrictions in my right to invest in public investments
Leveraged and inverse funds have been vital to protecting my family's assets during this downturn. The problem is not a lack of regulation. The problem is the government not cracking down on true fraud and constantly bailing out entities that make poor choices.
I've personally concluded that these 3x leveraged ETF's were a criminal enterprise by Direxion Funds and others, and yet were authorized. These should not be offered, and I wish I knew better before I bought them and they proceeded to do MANY reverse splits to where my holdings were worth less than 5% of where they started....
I find that having access to leveraged and inverse etfs provides balanced hedging in my portfolio, allowing me to retain a mostly-cash position for long-term financial security while also participating in market movements. Please don't add hurdles to use of leveraged and inverse ETFs
I have several of the funds and investment vehicles you are talking about regulating in my portfolio. As an average citizen, I am completely capable of researching and understanding risks and rewards of different investment products. I do not appreciate being called unworthy of investing in these products. Wall Street is already rigged toward the privileged and wealthy. These types of funds are
Worry about the hedge funds overleveraging not retail investors taking too much risk
America is a free country. You can't block my trading preference. Do NOT block my leveraged and inverse funds. Go ahead to stop crypto currency first. Those are scam.
The general public does not need handholding by regulators on what we can or cannot do with our own money. That is what free markets and freedom of speech is all about and this regulation is impinging on that right.
