Good morning,
I would appreciate the ability to continue trading leveraged and inverse funds as part of my investment portfolio. I know the risks well and have made educated decisions about my investments. I would like to continue to do so. They have been valuable hedges in volatile times and have enhanced returns for me. I am the best person to make the decisions about which investments belong
Hello,
Please do not make it more difficult or impossible for small retail investors and traders to access inverse and leveraged etfs. I've been using these instruments for years to increase returns when markets move higher, and to capture downturns using inverse etfs. I trade options as well, which carry much higher risk than these etfs. Why would regulators seek to prevent retail
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to: (1) amend the standardized membership application forms — Form NMA (New Membership Application Form) and Form CMA (Continuing Membership Application Form) — required under Rule 1013 (New Member Application and Interview) and Rule 1017 (
I own an inverse fund that would be subject to the new FINRA 22-08 regulations if implemented. I object to those regulations. I fail to see why I or anyone else should have to jump throw new hoops to own any inverse fund. My reasons for owning it may be unorthodox I want to own something, less than 1% of my investments actually, that goes up when everything else crashes, so that I dont despair
To whom it may concern,
DO NOT LIMIT MY RIGHT to invest in leveraged and inverse funds!! DO NOT IMPOSE ADDITIONAL RESTRICTIONS, COMPLICATIONS, PRIOR COURSES, FEES, MINIMUMS, ETC. before I can invest the way I see best for my families future. I regularly use leveraged and inverse funds to hedge the risk within my portfolio. I also used leveraged and inverse funds as well as inverse leveraged funds
Hi. I understand your concerns. But I believe that using criteria such as tests or high net worth to determine who is eligible to trade securities that are deemed "complex", such as leveraged ETFs, is unnecessary and can actually do more harm than good to my long-term financial security.
I can assure you that I am an active trader and that I know what I'm doing. I am
I stand in opposition to any proposed FINRA regulations that would prohibit me from purchasing or owning inverse or leveraged funds. Further, I oppose any attempt to create a special process such as passing a test before I can invest. After all, they are public securities. These products include extensive disclosure documentation which is more than sufficient to warn of the potential risks of
I invest and trade in my Roth IRA account. The IRS prohibits any short positions in an IRA thus eliminating any opportunity of arbitrage except by using inverse mutual funds. Prohibiting investment in leveraged or inverse funds would cause investors like me great harm. I believe that I understand them well enough to avoid common pitfalls. In years past I held Series 6, 7 and 24 licenses and for a
As a 'retail investor' I support these measures. I have investments with professional financial advisors/brokers as well as my own self guided investments. I can honestly say if I were to get into complex products such as options, leveraged funds, etc I would not understand the true risks I was taking. I trust my financial advisor/broker to understand and manage these risks, so I would
