I am an experienced, knowledgeable, and capable, investor. I should be able to choose the investments that are right for me, without government interference in the form of regulatory restrictions. Burdensome regulations would hit small individual investors like me the hardest, while institutional investment firms and very rich investors would retain yet another advantage (among the many that they
I am angry to learn about potential limits of my ability to trade any public security. Leveraged and inverse funds allow me to better manage risks and liquidity in my portfolio. They also offer the ability to trade in smaller sizes than typical futures contracts. Being able to short something without having to adjust exposure daily is a massive benefit for investors. You can't naked
Investing is the great equalizer that lets regular people achieve their own financial success. Adding more regulations stifle and restrict how those people are allowed to invest only limits their own freedom and ability to make that happen. A trade is an agreement between two parties, but these regulations are a third party - someone not even involved in that transaction - who feels they can
Dear regulators, Please be advised that I DO NOT WANT any restrictions on these funds. I want to keep the liberty of keeping these funds to invest and trade as freely available as much as any other stocks and ETFs. I completely understand the risk of the market and I do agree of such leveraged and hedge investment ETFs needs to protect as hedged and using as an asset inhancement for my needs for
I buy and sell leveraged ETF TQQQ frequently. I understand the risk in investment and use it as an important strategy to my investment goal. Right now I have a lot unrealized loss on TQQQ. If I am restricted from trading this leveraged ETF, then I will never recover my loss. Therefore, I strongly oppose any restrictions on my right to trade it. It is my investment and I should be able to
I resent your interferrence with my investment decicions. I should be able to choose my investments like other investors. I know these are trading vehicles, but I have successfully used them as investments. I am perfectly capable of reading and understanding how they work. I don't need or want the government holding my hand and telling me what I can and can't invest in. I
I have been very successful investing and trading with complex instruments and I have no formal investment training. Imposing restrictions on my ability to invest in these vehicles and making them only available to a select group of investors will harm me and many others that invest. The addition of pre-investment testing, certifications, training, or cooling-off periods are a deeply unnecessary
We at Shri Advisors have been deploying Leveraged ETFs like QLD SSO as part of a Tactical Asset Allocation Model for our Clients for several years. Our Clients have been satisfied in the manner in which we carefully manage risk for their portfolios. Any restrictions placed in the trading of Leveraged ETFs will severely impact our ability to act in the best interests of our Clients. We request the
Comments: I do not support FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products". I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. My brokerage firms,
FINRA may, upon notice, terminate access to the trade reporting service of the System as to a Participant in the event that a Participant fails to abide by any of the rules or operating procedures of the trade reporting service of the System or FINRA, or fails to honor contractual agreements entered into with FINRA or FINRA Regulation, or fails to pay promptly for services rendered by the trade
