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
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
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
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
Dear Regulators, As an investor, I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I agree that there should be warning agreements that need to be checked that an investor understands what they are getting into and the risks, JUST AS ALREADY EXISTS. NO
STOP THE MADNESS! It's hard to believe that another agency is again wanting to control/restrict me, telling me how and what to trade. I am 66 years old, have been trading stocks since 1998 (24 years now). I am the only one that should be deciding on the risk of whatever stock or ETF that I (not FINRA) am going to invest in. I am abundantly capable of making these decisions on my own, and
I have been investing - on my own using my own methods - for over 30 years and don't need the Government to tell me how to do it. I fully understand the risks of leveraged and inverse funds and us them diligently as part of a balanced portfolio. I do not need additional regulation imposed on me. In fact, it is my current positions in leveraged inverse funds that is protecting me in the
