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
I am writing to express serious concern over FINRA Regulatory Notice #22-08 and the prospect of restricting my ability to invest in these leveraged products. I am a retail investor that has done significant diligence on these products. I understand their risks, I understand the concept of volatility decay, and yet as a relatively small time investor I've been able to enjoy significant
FINRA Requests Comment on a Proposal to Tighten Business Clock Synchronization Requirements
Comments: As a retail trader, I find that L&I funds provide adequate exposure to investment instruments of which I am seeking to trade. Traders exposed to these instruments understand and accept the risks L&I funds provide: understanding whether the fund is optioned short or long and as to how much exposure (1x, 2x, 3x). Utilizing these trading instruments are no different than
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
For some of us who are young and do not have the financial means to invest meaningfully in the stock market, it is imperative to have access to leverage to smooth out the amount of investable assets throughout our lifetime. If, for example, a recession were to occur shortly before my retirement, when my earnings potential is highest and I likely have the most amount of money invested, I would be
regarding the potential further restriction of leveraged ETFs : an investor does not him/herself borrow money to invest in a leveraged ETF, they simply buy it as they would any other security like a stock or bond. I personally invest in leveraged ETFs that track broad indices such as the S&P 500. Although these will be volatile, as they are levered, it is HIGHLY unlikely that they'd
I have previously submitted my thoughts but want to take a minute to reiterate them. Leveraged and inverse funds play a very important role in my personal investments along with our corporate investment strategy for clients. When used by professionals, for clients who understand them, they are very useful tools for actually reducing risk and enhancing returns. This should be left to the free
Dear Sirs, As a US citizen, I believe I have the right to choose my own investment for myself and my own family using any public investment vessels. This right should come with no further official regulation to decide if I am qualified in knowledge or risk taking since it's my own decision based on my own due diligence. In the past 20 years, Fed kept relaxing credits in order to save
