Sir/Madam,
Please do not restrict my ability to make investments in the stock market however I choose to make them. By limiting my access to inverse and leveraged funds, you are effectively reducing my ability to improve the outlook for my retirement future. I am aware of the risks involved, but these risks are, in my mind, no greater than the risk already inherent in the market itself, but with
Comments: I am a quant oriented investor. I have been using index based, 2x and 3x, long leveraged ETFs in my retirement account. I think these types of leverage isn't as complex, and should be allowed to trade. Simply put, they are really a form of expressing Kelly Criterion on an index in which it's long term performance and volatility is well understood by quantitative oriented
I express my disapproval of the possible restriction on the ability to invest by myself, it has been a fundamental advance for me to know that I am capable of planning my financial future while learning along the way about how to make my investment systems more efficient. I have been able to empower myself as well as my children, family and friends to learn and apply financial knowledge in asset
We don't need any more paternalism in the financial markets! My brokers (Schwab and Fidelity) provide ample warnings about investing in leveraged or inverse funds. I don't need a regulatory agency holding my hand as well. You cannot regulate away stupidity. There will always be people who lose their shirts by making stupid investments. I have a relatively small stake in a single
I oppose limitations on leveraged an inverse products.
These products are an important part of my portfolio and are useful tools for securing my long-term financial security.
Furthermore, these don't represent an outsized risk compared to idiosyncratic risk associated with investing in (or short-sellijg) individual stocks -- yet they already carry an *abundantly clear* warning --
I would like to make my own opinion heard on making investments in complex investments like cryptocurrency funds. I feel I should have the right to make my own investment decisions without "jumping through hoops" first. I started as a teenager and have been making all my own investment decisions for well over 50 years now without any interference nor professional help and don't
Financial Industry Regulatory Authority (FINRA) is currently considering regulation, which will restrict our rights to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex. I wholeheartedly disapprove this type of regulation, as it could adversely affect market sentiment by only allowing a select few to take advantage of these leveraged and inverse funds
Comments: 1. I agree that while allowing investors to trade Options, they need to understand the product well. This can be ensured by (a) looking at their qualifications and /or experience in Finance; (b) if (a) is not satisfactory, then look at their tranck record of trading options to see if they have made 75% or even up to 90% losses; if so, they need to undergo educational guidance before
I find it disturbing that your agency wants to take away my ability to pick investments based on my research and ability to decide how much or little to risk in very common market instruments. Why should I have to take a test to prove to you - unnamed bureaucrats - that I understand the risks and potential rewards of these instruments and what I do with my money.+ What tests can predict the
Hello FINRA, Leveraged and inverse funds are important to my investment strategy. For example in a downward market trend (Q1 2022) I am able to invest in an inverse leveraged fund (e.g., SQQQ) to mitigate downside risk associated with my individual stock NASDAQ investments. As my individual NASDAQ investments declined the loss was offset by my investment in SQQQ. This helped me protect (hedge) my
