I oppose restrictions on my right to invest.
I should be able to choose what I invest in.
I dont need a test or special process to invest in public funds.
Leveraged funds are only a portion of my portfolio. They help me seek enhanced returns for that portion as part of my overall strategy.
It is anti-capitalist to regulate public funds that I have in my portfolio
Please continue to allow individual investors to invest in leveraged and inverse investment products. I personally use them to hedge market risk in my portfolio. There is adequate safeguards and disclosures currently to alert investors to the inherent risk of these products. Individual investors should have similar options as large/commercial investors. Thanks
Im not certain about the rationale behind your proposed limitation of trading leveraged exchange traded funds.
People can open options accounts and lose money very quickly. And these accounts exemplify confusion. Condors, straddles, bow ties, synthetic buys, etc.
People can open futures account and lose money very quickly.
People can open Forex accounts and lose money extremely quickly.
People
Sir or Madam,
I would like to object to the possible new regulations concerning under what circumstances some investors may be prevented or limited from trading leveraged and inverse ETFs. Specifically:
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
Comments: I invest for the long term. The leveraged products I invest in are very volatile, but they have shown themselves to be super performers for over a ten year span. I can easily withstand the volatility. Please do not limit my access to these types of funds.
Comments:IF it ins't broke don't fix it. I am 77 and invest solely in inverse leveraged ETFS. What are the alternatives? Puts where I can lose all my money in a matter of hours or a short sale where I face unlimited losses?If I can't invest in inverse leveraged ETFS, then no one should and you can just make them extinct. My guess is Wall Street has a poor record of recommendations
The Cyber and Analytics Unit (CAU) within FINRA’s National Cause and Financial Crimes Detection (NCFC) program would like to highlight an alert issued by the Cybersecurity & Infrastructure Security Agency (CISA) on April 20, 2022.
Individual investors do NOT need additional protections on complex products. Brokers offer sufficient warnings on these products. Additionally, FINRA and the SEC provide educational resources for individual investors regarding complex products. It is the responsibility of individual investors to educate themselves and manage risk appropriately. FINRA can't protect an individual investor who