We as investors need to be able to choose investents freely.No restrictions are warranted. We understand that regulators only need to enforce transparency and legality by the offering vendor.
Dear FINRA,
My comment is in response to FINRA Regulatory Notice #22-08. As an investor, I believe we should be able to decide and choose the public investment options that are right for me and my family. I am capable of understanding how the leveraged and inverse funds work without having to go through a special process to utilize them.
I have been using leveraged funds since 2012 and they have
"Free market"
Not if you're not wealthy or smart enough, apparently.
I am opposing to this regulation. I understand and trade leverage and inverse etfs.
The SEC has no business limiting investors in any way. They already enforce their will through litigation, something completely arbitrary. The investor is at risk while investing, that's why it's investing and not guaranteed.
The SEC is an embarrassment and should be dismantled. Gatekeeping upward mobility under the guise of protection is absurd.
In order for a free market to work, the market must be "free". Limiting my options by barring me from inverse and leveraged funds does not really constitute a "free market". I do understand these investments and do utilize them in my portfolio. Please do not tell me that my portfolio is bad or "too complicated" for me.
There is no reason to limit the access of these types of investment opportunities other than to further the opportunities for the rich while limiting those of the lower income populations.
As a constituent, I believe that the opportunities for investment should be expanded for citizens regardless of net worth, pending their understanding of the investment that they wish to pursue. Banning inverse and leveraged ETFs to non-accredited investors or low net worth individuals is not the right way to achieve this.
As a retiree I need access to All avenues of investment opportunities to survive
