Dear Sir or Madam: One aspect that I love about the financial markets in this country is the FREEDOM we have to invest in a wide variety of investment options, such as leveraged funds. I am grateful that we live in a country that believes investors are intelligent enough to ascertain the risks and rewards of such investment vehicles. BUT WAIT! So regulators are considering limiting access to such
Hey, I get it. In today's litigious society everyone wants to blame someone else for their own poor decisions. That's just part of where the world is going. I own my own mistakes and because of that I feel that I should be able to make my own decisions. I own small amounts of a few levered funds because it's fun. It adds a little excitement to an otherwise very conservative
Leveraged funds are important for young small time investors like myself to be able to have access to similar financial vehicles that large investors and institutions are able to use. I use the LETF's to be able to construct a balanced 60/40 portfolio that provides a higher risk-adjusted return than a stand alone index fund would be able to. Imo, there are many stocks that bare much
As a 52 adult, I believe I am capable of assessing my own investments and risk profile. By erecting these hurdles, you disenfranchise common investors from taking advantage of investments that could make a real difference in their wealth. I genuinely don't need additional regulations imposed upon me to tell me what I already know about leveraged and inverse funds. I am capable of
My feeling is that leveraged and inverse securities are very risky but the disclosures of risks are currently adequate. My broker requires a permission to trade them and only gives permission after risk disclosures are made. At some point, individual responsibility should be the focus. When used properly,,leveraged and inverse securities are very useful investment strategies and I would not favor
We live in very uncertain and volatile economic times. Leveraged ETF's give many people the ability to better their financial lives with some knowledge and skill as we steer through these incredibly volatile times. This can level the playing field and help to better individuals and family's financial wellbeing. Existing laws are already in place to protect people with the use
FINRA's entire concept of restrictions for leveraged and inverse funds and dozens of other popular investments deemed to be complex is totally un-American and smacks of nannyism at its worse.
No one is forced to make any of these investments and some people are more risk averse than others. Investors should know their own limits.
Sports betting or casino gambling have risks too, but no
Limiting access to leveraged and inverse leverage ETFs based on the criteria mentioned by FINRA is another move to suppress low and middle income investors to a path to generate significant wealth. The current securities market has been very volatile across the spectrum of investors from retail to institutional. All securities from small cap to mega cap entail risk that investors need to
To whom it may concern:
It has come to my attention that FINRA is considering significant and severe restrictions on my right to select my own investment vehicles. I don't need "a parent" to oversee my investments and protect me from myself. Candidly, I think this is an overreach of government powers. I am an experienced investor with a background in the financial
I think that I should be able to make my own investment decisions without further regulations from Big Brother. The sponsors of leveraged and inverse funds are required to make numerous disclosures regarding risks of the funds as well as how they operate. It is the responsibility of an investor to read and understand these disclosures. If he doesn't do that he can choose not to invest
