I believe in a government where the individual is allowed to make decisions for themselves, and this includes investment decisions. Leveraged funds are not a large part of my portfolio, however, I do use them as part of my investment strategy when I deem such an investment to be necessary. It is not fair to allow only wealthy entities to engage in this investment strategy.
I choose investments based on my own research and situation. With a BS in Engineering and a MS in Science and Technology Management, I believe I am perfectly capable of making my own investment decisions without FINRA's help or interference. Arbitrary restrictions by FINRA is offensive to me - it's like you are trying to only let "well off - rich investors" buy
As long as people understand the risk then let people decide what to invest in. Government should not be interfering what the little guy can invest in.
I have only one thing to say to FINRA....the ONLY thing I need protection from is YOU. Stay out of my life, my wallet, my house and my neighborhood. I don't need protect6ion from myself. I can read. I know that leveraged ETF's are daily trading vehicles. I know because I am literate and I trade them ALL THE TIME. If I lose money it's MY FAULT not Proshares. Stay
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Free Markets aren't Fair nor are they Free. They are profitable however. Mises Institute.
I'm opposed to any restrictions on opportunities to invest. I value the freedom to access a broad range of investment products that help me build better portfolios.
Do not limit our abilities to make investments. It's our rights as United States citizens.
I use leveraged and inverse funds routinely, in order to help balance my portfolios, and hedge positions when appropriate.
I consider availability of the these funds crucial to my investment strategies, and my portfolios.
Therefore, I urge you to allow these instruments to remain free for the public to invest in. Thank you very much for your consideration on this matter.
Free Market means free allowance for an unregulated and decentralized currency.
