I do not believe regulators should be able to choose which investments may be proper for me to invest in. Leveraged investments allow me to achieve the level of returns that I want with only having to risk 1/2 to 1/3 of the amount of money that I normally would. Inverse funds help me hedge against losing gains in other funds. Having a well rounded portfolio is always better than half a strategy.
People should have the ability to protect themselves in cases of market downturns. People understand insurance against unforeseen events. A market downturn just when you need your money is a serious event. People need to be able to buy protection against that. Also, there is plenty of information made available to investors about these funds. The average investor should understand it well enough
On June 25, 2024, Progress Software released the MOVEit Transfer Critical Security Alert Bulletin (the Alert Bulletin) for CVE-2024-5806, a newly identified Critical Vulnerability, which was described as an Improper Authentication vulnerability in MOVEit Transfer, Secure File Transfer Protocol (SFTP) module and could lead to Authentication Bypass.
I use leveraged products as part of my portfolio and I am well aware of the risks they carry. Leverage products such as UPRO and TQQQ can be used effectively as a component of a broader investment strategy and should not be restricted from public retail investors because some decide not to properly educate themselves on the risk they carry. It is important for individual citizens to have the
Regarding tentative changes to investors using or thinking of utilizing leveraged or inverse funds, I humbly request that FINRA leave things as they are and not impose regulations barring use of these funds to "retail" investors. Many of us have over the years developed and employed said financial instruments in strategies developed by ourselves, all with the understanding of
I have recently established a brokerage account which was made available by my company. I have applied a portion of my 401k income towards leveraged funds. I am well aware of the risks and consider myself to be an informed investor. I do not believe I should have requirements imposed such as tests. Nor do I believe I require a cooling off period as I have already invested effort and expense into
It's the basic principle of "free market" that the retail investors should be able to choose whatever products (including Options, Futures and Other Derivatives) to fit their investing strategy. Taking this right away will even broaden the wealth gap between retail investors vs the riches who could leverage institutional service. The liquidity of the market will be
To whom it may concern,
It should be a right not a privilege to invest in cryptos, etfs, and other financial vehicles. Creating tests to disqualify certain individuals is a form of elitism, which we have enough of already in this corporate state of America. Crypto should be considered a valid form of investing, and even the little guys should get a shot at getting in early, and diversifying their
I believe in more significant penalties and stricter timeliness for FTDs. The rules are so tight for retail investors but the market makers, brokers, large funds, etc. receive so much leeway. A retail trader should have even opportunities as it pertains to data as well. I believe these rule changes will assist with bringing better information to all. Thank you.
I am an individual investor and use leveraged investments as part of my investment strategy. I have not found them to present risks that jeopardize my investments when managed properly in proportion and with balance to my other investments. They play an important part in my overall portfolio strategy balancing risk and reward. I fully understand and manage the risks they present as well as any
