I have traded these products for thirty years. I understand the risks and rewards.These products are needed for liquidity, price discovery and hedging. The volume of these products clearly shows that they are needed. Investments must be available to all members of the public, not just to s select few, selected by some arbitrary process. A signed document, in the customers account file, that
I strongly oppose additional regulations that would limit my ability to make my own investment decisions and manage my own risk. The existing requirement to provide a prospectus already provides investors with adequate risk information, however, I suggest adding content to the prospectus rather than creating burdensome new requirements that seem intended to discourage a particular type of
Enough of this Nanny State regulation! Anyone investing in inverse and and leveraged funds knows they risk losing money the same as there is a risk with most investments. My biggest losses have been to taxes, sleazy lawyers, and government corruption over the years. Regulate the banks, brokers, lawyers, judges, Federal and local governments if you care about making life better for the average
As an investor through Fidelity I am already required to confirm that I understand the risks of such leveraged and inverse funds. Preventing people such as myself from buying these funds entirely is restricting the freedoms of individuals. Requiring checks to ensure the investor understands the risk is fair, yet barring anyone from purchasing them entirely goes against what makes this country and
It is in regard to FINRA and L&I. We don't need another regulation on the top of other regulations. My brokerage firm already provides ample warning regarding the risks. I find it sufficient trading these ETFs. I have been trading these ETFs past 25 years I know what I am doing and the risks. Government is not in the position to dictate what is good for me. No more
The public is not demanding further protections from you such as you are proposing, in fact, we are seeking more equal access and opportunities that are reserved for the very wealthy. I want to choose to invest in any vehicle and access the risks myself. This includes leveraged and inverse funds. If anything, any new regulation should address the publication of details about associated risks in
I oppose the proposal to restrict my right to invest in public investments, specifically leveraged and inverse funds. I invest in these types of funds regularly and fully understand the risks involved. My brokerage firm shows a notification requiring acceptance before allowing the transaction to be completed. I, and I alone, accept the risk for these investments. There is no need for
Every man and woman needs to be responsible for their own choices. It's up to them weather they want to take risk or not. The government can't even keep social security solvent for the next 50 years or balance a budget, they have no business telling us how to manage our finances. maybe if there was some financial risk management and retirement investing taught in school this
Hello, I very strongly oppose any restrictions on my right to invest in public investments. I should be able to choose the investments that are right for me, and the risk that I take on - and I am comfortable with the level of risk that comes with investing in cryptocurrency funds. I am an experienced female investor with a diversified portfolio and cryptocurrency funds are an important piece of
I am appalled at the regulatory overreach being proposed here attempting to limit the ability of regular people like myself from investing in funds how I choose to and at the risk level I choose and am comfortable with. Investors like myself understand that funds, ETF's, leveraged or not contain risk and I do not need some ghost agency behind the curtain trying to make my decisions for me.
