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
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
Dear FINRA, i do not have to go through any special process whit a test before I can investin public securities, suchs as leveraged and inverse funds. I am smart enough to understand what a leveraged and inverse funds is and should not be limited by any regulation imposed on me. I dont need regulations invented for people who think they are more capable than me, to decide on the risk I take
I feel that I am well aware of the particular risks and benefits that are involved in leveraged and inverse funds. In view of the ever changing policies of the Federal Reserve regarding interest rates and so-called "tightening" of their monetary strategies, I find it imperative that I have the flexibility to invest defensively. Leveraged and inverse funds allow me to have the
I was very disappointed to learn that FINRA is considering limiting my ability as an investor to invest in leveraged and inverse funds.
This is a choice I should make as an investor, not regulators.
Public investments should be available to all investors, not just the privileged.
When making investments I understand the risks and evaluate options before making a choice. I do not need to go
I am fully capable to make my own decisions regarding investments. Limiting public investments to a specific few people is directly contrary to the free market system. I am capable of educating myself and do not need a government agency creating a test to determine if I am ready. I do not need someone else to tell me what I am capable of, or if I understand the risks well enough to make good
There has never been a period in human history where more knowledge is readily available to the average person. In a time where in depth explanations of these products can be found within 30 seconds, not to mention detailed discussion boards, it's unreasonable to add more restrictions to retail investors.
You should be focusing on removing restrictions instead.
Leveraged and inverse
Comments: I STRONGLY urge FINRA to continue to allow investors and professional advisors to recommend and to be able to purchase for clients Leveraged and Inverse ETFs and all currently existing complex products of that type. To NOT allow these products causes more HARM than benefit to clients and investors as it removes options that currently exist. There are very few options that the retail
I use these so-called "complex" products to hedge my longs in various accounts at certain times I judge market risk to be high. How am I supposed to hedge my IRA without leveraged/inverse products or options? Is there some reason FINRA doesn't want me to hedge against a possible decline in the value of my long holdings? I am a very experienced investor, I'm a big girl and I
