I believe each person should be free in choosing their own investments whether to their profit or detriment. Dont keep good leveraged and inverse funds from the common people that can benefit from them. Its better to have too much freedom than too little.
I should be free to invest where I see fit. I know the potential risks - and rewards - of leveraged and inverse funds and incorporate them into my portfolio to hedge against losses and seek better returns. Imposing restrictions, like testing, restricts the ability to invest in such funds to the privileged and well-connected.
I have the right to make MY OWN DECISIONS on ANY investment, including use of leveraged or inverse funds to help grow or protect investments.
We DONT need more regulations. Instead, we need better financial education and the schools at all grades fail to address this.
We are grown people with the ability to make decisions on our own. I have got through life ok so far and don't feel that I need someone doing something in our better interest. If you want to help someone with their finances please step in and help the government.
Is this regulation coming from an organization that is $30 trillion in debt and has an unfunded liability of nearly $100 trillion for social security and Medicare? I manage my finance much better than the U.S. government, and my leveraged ETF consist of less than 5% of my net worth.
I want to preserve my right to choose to invest in public funds. Its disrespectful for government to assume they are more intelligent and can make better decisions than me about my own personal matters. Sometimes I win sometimes I lose but its always my choice
I as an investor who regularly invests in leveraged and inverse funds do not need or want government intrusion regarding my investment choices. There are multiple private entities available that can provide much better, experienced based recommendations. Government involvement as usual, will only worsen the situation.
I am vehemently opposed to limiting current investment vehicles. Better attention to be paid to existing companies who are not reporting accurately (ex: Twitter and TSLA). Anyone using leveraged ETF's are educated enough to understand potential risks. The same for any listed stock on any exchange.
For 20 years, FINRA’s Trade Reporting and Compliance Engine, known as TRACE, has contributed to reduced trade execution costs, facilitated price formation, aided regulatory programs and protected investors, as detailed in a recent blog commemorating this milestone anniversary. As an economist, I’d argue TRACE’s impact extends. For me, some of the real impact is in the research it has enabled.
What specific FINRA rules should be a focus for modernization based on their economic costs and benefits; changes in markets, products, services, or technology; or otherwise? What groups of FINRA requirements should be a focus? Please include FINRA rules that may be mandated or derived from a statutory or other non-FINRA regulatory requirement applicable to FINRA or its members. Rules
