This would be an overreach of absolutely epic proportions. It's nothing more than a power grab and utterly ridiculous.
I expect to do my own due diligence without interference for the nanny state.
I am an experienced investor and I think leveraged ETFs are powerful tools for my investment. It will hurt my investing strategy if they are banned.
Your mission is to protect the investor from scams in the industry, not to influence their investment decisions either directly or indirectly in ANY WAY, no matter how well-intentioned it may appear. We 'retail investors' are perfectly capable of understanding the basics of how a leveraged ETF works and how much risk it carries. Any further regulation on them would severely affect the
Hello, I am very concerned about your proposed regulations on investing. As I am an adult and a head of household spending my money, I should have the final say on how I invest it. I fully understand the risks of investing and don't need to be tested on the subject. I do not need a cooling off period, because i research investments, and I certainly don't need someone's permission
I would like to freely be able to invest my hard working earned money in any trust that I find suitable to my and my familys future. If Im taking a risk I would like to be the responsible person to be able judge my actions based on that without the interference of any other entities dictating to me where to invest.
Dear FINRA, LETFs are not "complex" products. They are very simple to use. I can simply buy them to introduce modest amount of leverage to my diversified and safe portfolio. LETFs allow me to easily adjust the risk and reward levels in my portfolio. They are SIMPLE instruments. Simplest form of leverage, and the wildest of them are only 3x leveraged. How dare you take away my freedom
To whom it may concern, I strongly oppose any potential restrictions on my ability to purchase leveraged instruments. This would be another way for the large institutions to use investment vehicles for their advantage at the expense of the smaller investor like me and put us on unequal playing ground. I do not use them as a large part of my portfolio, but use them for hedging or taking advantage