Please dont restrict our ability to invest in ETFs. They are valuable investment tools and help hedge high risk portfolios or add options to low risk portfolios to increase returns. Theyre a much better option than high flying stocks with almost no earnings.
Limiting investments to the ultra-wealthy erodes trust in FINRA. All investors assume risk and the investors, after being made aware of the risks, should control their investing behaviors. Please do not limit my investment options just because Im not a member of the elite club.
I support the notion that investors should take the risks on their own investment. Any restrictions like passing test shouldn't be imposed. I am using leveraged and inverse funds (ETFs) to hedge my risks in short-term basis while mostly I have invested in the long-term basis.
Comments: Please do no limit access to leveraged funds. I use them extensively, and they are excellent trading products. For those that are not familiar with them, there are excellent precautions in place by brokerages, including the requirement to read and sign information about the risks, as well as a risk statement with every trade.
I believe people should be informed as to what type of risk they are taking but they are responsible for understanding what investment they are making and thus what magnitude of risk they are taking. Please don't restrict my ability to invest or my rights to invest in leveraged or inverse funds.
Thank you.
This is the United States of America!! I should have the right to invest and leverage risk any way I see fit. Who are you to say if I and/or anyone else is smart enough or wealthy enough to take on higher or inverse risks based on their own personal investment strategies?
How many people have been hurt trading SCO? What problem are you fixing? People assume risk every day in the market. If you think the risk is too high, then restrict access. Else, let folks buy and sell the asset.
Let me make my own decisions. Personally I'm not risking large sums. I should not have to through any extra steps to be able to take on additional risks. Put an extra warning label on it maybe? But otherwise, don't stand in my way.
The proposals exceed the authority of SEC as watchdog and while perhaps intending to protect the rights of investors against risks of loss, or their own capacity or qualifications to invest actually result in immunizing the sellers from liability. The proper way to go would be notice and warnings as assumptions of risks.
What ever happened to the concept of individual responsibility? Why does government and quasi government entities think I/We are blithering idiots?
For the record: I am adult who understands risk. If I wish to invest in a high risk investment, That is my prerogative!
In short: IT IS NONE OF YOUR/GOVERMENT'S BUSINESS!!
