I don't think regulators should make the determination what investments are appropriate for my needs. There should not be obstacles to investing in inverse or leveraged funds. I am comfortable with taking on that risk. Adding a regulator-approved test in order to be able to invest in these funds is an unnecessary intrusion on my right to invest as I see fit.
I (and other investors) should be able to invest in public securities however I want. And am capable of learning and understanding the securities, including their associates risks.
It's my money, not your decision!
It is obivous one must have specialized investment knowledge to even be aware of the existence of leveraged or inversed funds. And so, right at the start these proposed changes are meaningless. To even be aware of these funds existence, one would also be aware of the role these funds have in helping diversify risk, protect investments, and hedge other positions.
I am capable of making my own investment decisions. I have been using these inverse funds as a hedge since I was 18 with no issues.
I really like the ability to hedge my portfolio and even though i often lose it is reassuring to at least have the option it would be a real disappointment if it were taking away from me. in fact you want to talk about the ability to buy pre post market is wonderful regular options have liquidity issues that really hurt the little guy. I might just cash in and invest in other things if that
Investors should not be restricted on investment choices. The small investor should have the same investment choices as the large brokerage firms.
Public investments should be available to all of the public, not just the privileged. Government should have no say in my business.
Attn: FINRA I do NOT want to be restricted as to when and how I invest my monies for my personal financial satisfaction. I've had to invest outside of a major brokerage; now choosing ProShares funds for this reason. I'm a senior citizen with many years of managing my own investments and am well aware of the risks life and ALL investments present and do NOT need to be further advised. Do