Hi there, I oppose the proposed regulatory enhancements. I especially disagree with tying the ability to trade or invest in leveraged ETFs (or other "complex funds") to net worth. Nothing about having a high net worth guarantees a better understanding of complex funds. Someone with a small portfolio is capable of doing their due diligence before investing in or trading complex funds. I
Comments: Please do not get rid of leveraged inverse etfs. It gives people with less capital a chance to hedge their existing positions and even profit off the losses in their existing stock. The rich will always get richer in these situations, you will only be taking away our opportunity to make money in those situations.
Comments: Freedom of choice. Investors should be free to select from a full variety of products, leveraged and otherwise.
Dear FINRA Committee Members, Please do not impose trading restrictions on “Complex Products.” I am a retired public employee who has been investing for over 25 years, managing a ROTH account, 457 plan account, as well as a retail account. I sometimes use ETFs, including inverse and leveraged. They are an integral part of my investing toolbox. I am not a high net worth individual and desire to
AGAINST regulations targeting only the poor. These proposals exclude the poor, to the benefit of the rich. With market volatility increasing, these leveraged products are a way to benefit all investors, not only the privileged elite.
I do not support the proposed restrictions for complex investments. Each individual investor should be able to do their own research and decide what they want to invest in. This is just another over-reach by the US government, we are all adults and should be treated as such.
The nature of your request of public comment on an overy complex form of writing is itself an attemp to silence and disregard the voice of the retail. I lose more and more confidence in US investment products and insititions the longer this goes on. I am very disappointed in this type of open deception and attempt to disclude and disenfranchise retail investors.
As an educated & well-researched "retail" investor, I find this legislation incredibly insulting. The condescending essence of the idea that I am not capable of understanding the risks of leveraged and inverse ETFs is disgusting. Such ETFs have allowed me to outperform the major indexes through the bear market we are currently going through, and without access to them retail
Comments: caveat emptor....
Banning retail investors from trading certain instruments is like like throwing an abuse victim in jail to protect them from their abuser. The only reason that this instrument performed so poorly over the last 2 years was the excess liquidity in the markets, and the pump and dump scams often indoctrinated into CNBC viewers. Over the year or so, we’ve witnessed the collapse of Melvin Capital,
