I want to make my own decision regarding leveraged investments. If you take this away from investors you must stop margin trading also. I have been using leveraged investments for years and do not need any further training or tests. A simple warning like I received years ago is enough.
I have a right to invest freely in what I deem to be an acceptable risk for myself and family. Inverse and leveraged funds help me prospect and hedge against unanticipated moves in the market. By forcing people to jump through hoops by passing certain tests etc. it just creates more headache and slows down the efficiency of markets.
Leveraged and Inverse funds are important investment strategies to head against. Such investments should be available to the general public like me who are not privileged - we don't need tests to understand leveraged / inverse funds and the risks they entail. Do not make regulations that only benefit the super rich - give equal opportunity to everyone.
A person who would like to invest money they have earned should be able to invest in any way they see fit, without the need to take special tests or courses, or have additional imposed restrictions based on net worth or any other financial regulation that limits how or where they choose to invest their money.
This is outrageous. Individuals should be allowed the same instruments as the privileged few. I should be able to choose the investments that are right for me and m family.I am capable of understanding leveraged and inverse funds and their risk. I do not need to pass a "test" to invest in these instruments. I am currently using a inverse fund and it is helping to protect (hedge
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 am capable of understanding leveraged and inverse funds and their risks. Regulators you do not need impose measures like passing a test to invest in these products imposed on me
I object to the proposed restrictions. Special tests and selective criteria is another attempt by FINRA and the SEC to discriminate against small investors under guise of market manipulation prevention. Your targeted investors are adult and should have the freedom to make their own investment decisions. I use inverse funds to hedge against market decreases.
I support this. FINRA's below requirements are reasonable in the given format: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods during which you cant invest
I believe its governments business to stay out of my business. People who know how to invest should not be hampered with. I oppose FINRAs authority to regulate my investment decisions. I've invested in public securities in the past and don't believe I have to go through a process or test to be approved to invest or day trade.
The following questions and answers provide guidance regarding the operation of FINRA Rule 2080, which was formerly NASD Rule 2130.
