I am writing to urge you not to restrict my investment options. I should not be penalized because some naive people refuse to educate themselves about so called " complex investments". If they don't understand what they are doing they should not invest. These investments are generally labelled as far as additional risk involved. I actually use options and inverse funds
I have used leveraged investment funds for years. I am fully aware of the risks on the up- and down side. The fund issuers explain and highlight the risks and opportunities in full detail. I think that new Government restrictions on the use of these funds are not needed and justified and should not be imposed on me. Investors must have the nonrestrictive right to decide which investments are
FINRA, I should be able to choose the investments appropriate for me including leveraged and inverse funds if I so choose. There should not be special tests imposed to buy these. If you wish to require that brokers issues warnings about risks at the time of purchase, which the buyer must acknowledge, that is okay, but there should not be special processes or tests. I use inverse and sometimes
I strongly oppose any regulator dictating where and how I can invest my personal money. Investments are an at risk activity and the potential for losses are not limited to leveraged and inverse ETFs. I am confident that I know my risk tolerance better than a federal regulator. If the investment is one I am comfortable investing in I am entitled to the freedom to invest my money, independent of
This is absolutely ridiculous. I'm interested in these products specifically because I understand the risks of leveraging and shorting and I want a proxy institution with higher net worth to assume that risk on my behalf. That's what leveraged and inverse funds offer me. I can't lose anything more than I invest, so how is it any different from other etfs or mutual funds
Dear FINRA regulators,
I want to make it clear that I am against you deciding what I can invest in and what I cannot. I understand you are considering stopping me from investing in leveraged funds. I understand some people may not understand how these funds work, but I know both the risk and opportunity, and those risks are made clear by the fund owners and by Fidelity through whom I invest in
You seem to be planning to go far beyond any legitimate mandate. Your role should be to make sure investors are adequately informed of the risks of leverage . Make the management pepper their ads, reports etc with as many dire warnings as you like, but kindly allow investors to manage their own risk tolerance. Being a watchguard for investors is not the same as being our mommy.
Roger H. Kaye, MD
Options trading carries risk and requires specific approval from an investor’s brokerage firm.
I wish to maintain my current freedom to invest in public securities of my choosing. Though the notice means to reduce the risk for investors, it will have an echoing effect across asset classes that may not be fully realized. America is a land where we grant greater freedom than most. This freedom has allowed us to create one of the greatest economies of all time. The reduction of risk exposure
I certainly do not appreciate your attempt to restrict the public investments. If I choose to GIVE my money away, that is my choice, not yours. My inverse fund investing has helped hedge my losses in this most recent downturn, so why limit it? All investments carry risks and those risks are in your face, so to speak, when you make the investments. This is akin to free speech and should in no way
