I use double and triple leveraged long and short index funds as one of multiple tools to implement my investment objectives. I invest a small percentage of my investment portfolio in leveraged assets. These leveraged investments achieve a small dumbbell portfolio distribution in what is predominantly a conservative porfolio.
I am a high net worth investor and require special permission to
To Whom It May Concern - I consider the proposed FINRA restrictions to Leveraged and Inverse funds to be yet another example of the Nanny State coming to the rescue of individuals that the government and their agencies feel the need to protect. I for one am more than capable of understanding the risks of these investment vehicles and want NO restrictions on my investment strategy. L&I
This is really not going to help individual retail investors. Lots of retail investors would be losing valuable hedging and speculating tools in terms of leveraged and inverse ETF's. Many of these investors may utilize cash accounts and have no other way to go short in the market without buying put options, which is another layer of approval. As such, ETF's are the most accessible and
While leveraged and inverse funds have different levels of risk than non-leveraged finds, the public should have access to these publicly traded investments, not just high net worth individuals. Inverse funds are an important means of hedging without selling a security or ETF short, which is (relatively) lower risk for an investor and an important part of my personal investment strategy.
I strongly oppose any restriction to invest in leveraged and inverse funds.
Anyone should be FREE to make their own decisions and take their own risk for any investment one deems appropriate for their circumstances.
Leverage and inverse funds are an excellent tool to hedge against stocks and market risk and also to enhance returns in the short run as well as in the long run.
Implementing
I am highly concerned about FINRA Regulatory Notice #22-08 because it could negatively impact the time and effort I have put into managed my leveraged portfolio. By imposing rules that restrict the freedom of my financial decisions, the regulation will make generalizations about who is sufficiently knowledgeable about leveraged products to use them properly. Adding special hoops to jump through
As a registered representative, financial advisor and personal investor I would sincerely hope that I am never prohibited from using these funds in the future. If you want to ad investor education and or disclosures, so be it. But please do NOT reduce the availability of such products. As a rule of thumb, my firm does not permit the solicitation of these vehicles in my position. As for my own
Hello, First of all any rule changes should effect at least after 12 months (maybe 24 months) to be fair for the investors. We are using these funds generally to protect (hedge) our investment or sometimes to gain in a short time. We know the risk of the any investment which we are investing. So, actually/generally I oppose restrictions on my right to invest in public investments. Rules should
This attempt at preventing investors from making investments of their choosing is un-American and appears to be another way to further stack the deck against individual investors. As if the un-punished crime publically commited by Robinhood with them protecting hedge funds and stopping profits by a large group of small investors wasnt bad enough, this further rigs the game to ensure more small
It is extremely important to me that I maintain at least the current level of freedom to flexibly and effectively invest via leveraged and inverse ETF products. Such instruments allow me to produce suitable returns while simultaneously limiting my capital outlay. They allow me to hold greater cash reserves for safety while I produce the cash flow I need to supplement my current family income and
