Hi and as an American citizen I should be able to choose what investment is right for me and not a regulator. Public investment should available for all citizens. I shouldnt have to go through a test to be able trade my funds based on my interest and risk tolerance. I am capable of researching and understanding the risk of what I want to invest in. Leveraged and inverse funds are important to my
Restricting use of leveraged and inverse ETF's is a step in the wrong direction. Individual investors need tools to help manage risk as much as industry insiders and the wealthy. I use them as a tool to hedge my portfolio. As the market retreated, I put a small percentage, about 2% - 3%, into some of these instruments to decrease my downside. The leveraged ETF's allow me to use a
I really don't feel like I need the government to "protect" me from risky investments like inverse funds. This is a free market and I would like to be free to invest in anything I deem appropriate. If a trade goes bad, I don't expect anyone to bail me out. This is my money and my choice. I have to accept the risk I am taking on.
Retail investors shouldn
Investing in commodities is a way to potentially add diversification to an investment portfolio. Commodities, commodity futures, and related mutual funds and exchange-traded products offer opportunities to investors seeking to gain exposure to this asset class.
I believe I should have (and retain) the right to make my own investment decisions, including the freedom to invest in cryptocurrency funds such as BITO and others.
Investing in anything, including ANY security or index, has inherent risks. Using intelligent analysis, certain risks can offer excellent rewards - again, with ANY security.
I don't believe it is fair to market participants (
Dear FINRA:
I strongly oppose restrictions on my right to invest in public investments due to the following stated reasons:
1)I have over two decades of experience in investments in various types of stocks and bonds. I went through multiple bull and bear markets, and have obtained great gains. I am highly confident with my knowledge and skills in such investments.
2)I obtained higher returns by
I believe I should be able to choose the public investments that are right for me and my family, not FINRA. Public Investments should be available to all of the public, not just the privileged few. I shouldn't have to go through any special process or pass a test before I can invest in leveraged and inverse funds, as I am capable of understanding the risks. These funds are important to my
I've invested for my own account over 50 years, and served as a NASD/FINRA arbitrator over 20 years. I dealt with options, high-yield funds, leveraged ETFs, and many other products. My concerns are disclosures and suitability.
Complex products require complex rules and complex disclosures. Disclosures must have a separate summary of risks in plain language, in addition to the legal
I opposed these restrictions! Everyone one should have the right to choose any public investment they feel is right for them and assume the risk. Limiting the right to invest to only certain groups of people is wrong and creates an unfair advantage! Public investments should be available to ALL of the public, not just the privilege. This is unethical!!
By taking away this right from certain
The right of investors to elect to put their hard earned money into inverse or leveraged ETFs should not be impeded through regulation. The issuers of the ETFs should be required to provide sufficient information to the investor regarding the potential risks of an investment in their ETF; however, the final decision should be up to the individual investor. Cryptocurrencies, lotteries and casino
