I am against SEC Proposed Rule #S7-24-15. I not regulators should be able to choose the public investments that are right for myself and my family. Public investments should be available to all of the public, not just the privileged. I use covered call options on inverse and leveraged funds to make money, regardless of the market direction. Yes, there are risks, but they are risks I understand
I wish to express my opposition to FINRA's proposed regulations from purchasing securities designated as complex products such as those on cryptocurrency. I do not own any cryptocurrency but I do own leveraged stocks and ETF's and other securities which may be classified as complex products. As a knowledgeable investor, I am qualified to assess the risk of securities I
I use leveraged funds, specifically TQQQ, as part of my balanced investment strategy. I understand it’s high risk and highly volatile investment. I use this fund along with a group of investors with the Kelley Letter, founded by Jason Kelly. I am in favor of people signing disclosures stating they understand the risk, volatility and how leveraged works. I’m not in favor of people needing to
Individual investors oppose the SEC Proposed Rule:
--It is a form of control by the regulators to impose its judgement on investors about investment vehicles that play a key role in risk mitigation.
--It is way to impose barriers to market efficiency.
--There is no reason for further intrusion by the government into capital and investing markets.
--It is unconstitutional.
--Retail investors are
Do not restrict my personal right to choose which investments I place my capital in. My rights to Liberty and the Pursuit of Happiness carry with it the freedom to choose as I see fit and accept the responsibility of the consequences of those choices. Restricting certain investments to the wealthy and connected elite of our country will only exacerbate the income gap. I use these leveraged funds
I have been a successful investor for about 40 years and have been invested in leveraged index funds for about the past 30. My portfolio value from the 2008 recession to the end of 2021 nearly quintupled. I fully understand the risk of leveraged fund investing and I offset that risk through diversification, i.e., spreading my investments among a variety of in major index and sector index funds.
Markets are made up by 2 sides and investors should have the freedom to choose to stand on either side of an investment, whether it's on forecast of high demand or low demand. That's the definition of a free market.
In terms of leverage I support that brokerage be very clear in its warning about the high risk potential of such investment tools, but once investor opts in it
I believe that restricting access to these investments what hurt far more people than just allowing the risk to be there. I believe the majority of investors understand that funds that offer higher returns come with higher risk. It is already made clear in the prospectuses of every fund. Please let us make our own decisions. Many of us have been in these funds for years and they are an important
I oppose government restriction on freely made choices to invest any fund or investment type a person wants provided the information regarding the risks of those investment vehicles are publicly available and/or provided at the time of purchase. I understand this might result in less sophisticated investors losing money but this is the risk one takes when one chooses to invest. I dont believe the
Another attempt for those in control to control the masses. No limitation should ever exist as this is often the only way to hedge market risk. I have a 401k that offers NO brokerage access and I contend leaves more market risk without the ability to play various sides with funds like these. They can protect coming market disasters that could be hard to mitigate otherwise; and allow easy
