Hi FINRA,
I'm mildly opposed to a regulation banning "complex" financial products if it ends up covering things like 2x or 3x index funds (or even inverse funds). I can imagine folks getting themselves into trouble with these, but no more so than they already can with options and futures. I guess it's a bit worse insomuch as someone get get these funds in a
Comments: Please allow retail investors access to leveraged funds and ETFs as small exposure can be part of an important part of investment strategy such as hedging. If the position size is small (small percentage of portfolio) then the overall risk exposure to any of these funds can never be too great. Certain sectors (micro caps) can be as risky (if f not more so) than leveraged funds in my
Although it is important broker's are fully versed in all aspects of the products they offer and they should know their client as well, the retail investor should be left to self manage as seen fit for themselves. Before investing in an individual company there are many statements, past and future earnings and market and economic conditions to review. In the past I typically would spend 20
I just find it funny that youre now oh so concerned with our knowledge and ability to use leveraged ETFs now that the market is falling to crap. You just dont want the everyday Joe making money on the way down like the big boys do. Inexperienced traders lose money everyday on all kinds of stocks and all you fat cats profit from it but now you care about us not losing our money. I call [REDACTED
I have invested in both leveraged and inverse funds for a long time. The leveraged funds increase my potential gain and inverse funds give me protection from downturns and I don't want the regulators to meddle with my investments unless they can show me investments that only make gains and never lose. Also, before proposing such regulations they should clearly state their objective and
I am a CPA by trade currently working in the banking sector and have combined public/private experience of more than 20 years. I actively manage my retirement account as well as family fund. I hold bachelor and master degrees in accounting/finance and has been self-educating myself in investing over the years. I don't need a broker license or CFA title because I don't intend
Could someone please inform FINRA that the US is well into the throws of a total societal/financial collapse, as is most of the rest of the planet. Adding layers of burdensome regulation and limiting the public' in which publicly traded securities they may or may not use for speculation, hedging or investment purposes is equivalent to rearranging the deck chairs on the Titanic after it
I am a private citizen who has been managing my own investment accounts for over 20 years. During those years I studied the markets and investment strategies. Initially I had to convince my brokerage firm, Charles Schwab, that I was qualified to trade options and inverse ETFs as well as futures contracts and manage my own accounts. It is very important to me that I be allowed to determine what
Hello, Public investments should be available to all of the public, not just the high net worth individuals. Despite their risk, Leveraged and inverse funds enhance returns when they are used as a limited part of my overall portfolio. It isnt right to only offer them to the rich under the assumption that they can afford to lose more. We, with less money care just as much about our money but want
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