Subject: Investors ability to trade "complex products" - including leveraged and inverse funds (L&I Funds).
Dear Regulators,
I am Kamala Chandrasekaran, 58 years old and I like to voice my opinion regarding your proposal on limiting access to Leveraged and Inverse ETFs (complex products).
Educated Investor: I like to inform you that I am an educated investor in the
To whom it may concern:
I was very concerned to hear of the proposed regulatory changes for leveraged and inverse funds.
While I support the surface notion of FINRA protecting retail investors, I do not believe restricting access to these "complex investments" is in any way an appropriate step.
Education is a worthwhile goal, but mandating licensing or other knowledge tests
I strongly oppose limiting investors ability to trade leveraged and inverse funds. These can be great tools of various usages like market timing and hedging.
These funds are probably riskier than their corresponding non-leveraged funds, but there are tons of real stocks that are much more risky than these funds, so why not put limitations on those stocks?
I believe it's investors
It does not make any sense to create legislation to make investing more exclusive, especially if it rules out the very people you espouse to "protect". The last thing we the people want from FINRA is to make investing yet more of an exclusive club for the elites. It is honestly disgusting that you are pursuing legislation in this domain given the glaring issues which have come
We 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. LIST OF INVESTMENTS THAT MAY BE AT RISK: Target Date Funds Non-Traditional Index Funds (Smart Beta + ESG) Emerging Market Funds High Yield Bond Funds Closed-end Funds Commodity Funds Cryptocurrency Funds
My online broker just made me aware that regulations are being considered that would put additional restraints on my ability to trade leveraged and inverse ETF's. I object to what is unnecessary.
Following the logic the next step would be to put restraints on all online trading to the public. Then investments would be back to only being managed by brokers. Progress was made when
I strongly oppose these proposed regulations! This country was founded on the premise that the average citizen has enough common sense to take care of himself and decide what is appropriate as far as his personal finances are concerned. This is just another example of governmental overreach and the end result will be that only the very wealthy will have access to these investments. In my
Hi,
Leveraged funds are a great investment tool when properly utilized in a portfolio. They can certainly boost performance of a portfolio. I invest in them and think everyone should invest in them. In fact, I think they should be allowed in professional managed 401K's. They provide the versatility to trade markets, up and down, and to hedge or boost investments. Additionally, one
I feel strongly that FINRA's proposed rule (#22-08) is incorrectly applies 'investor protection' as FINRA's stated purpose is, specifically with regard to leveraged and inverse products. As a user of such products, were these rules implemented, I would be forced to potentially re-create the same sort of exposure on my own which is a far greater risk to my own
All I hear is consistent preaching and claims from Gary Gensler and the SEC That their primary objective is to protect me as a retail investor. Well let me say, since cryptocurrency has been in the crosshairs of Gary Gensler and the SEC, I do not feel protected as a retail investor! I feel attacked because of my choice of investment! All these moves and policies that the SEC aims to enforce
