I should be able to choose the public investments that are right for me and my family. I don't believe the US government should hamper me in my decisions regarding investments. Leveraged and inverse funds are important tools in my investment strategies
Please stop limiting my ability to purchase ANY investment I would like. If a so called accredited investor or law maker can buy a investment then so should anyone be able. Fair is fair. Protecting the retail investor should not mean limiting the retail investor.
Retail investors deserve the right and freedom to invest and take risks as any other citizen in a capitalist economy. This is blatant over reach, usually reserved for tyrannical regimes. Reject.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rules 4111 and 9561 to make non-substantive and technical amendments.
FINRA -should not limit my choose to invest in leveraged and inverse funds. With inverse funds I can still manage to potentially make gains in an IRA account as I cant short in this type of account. If you limit this I can only go down. I have a collage degree and understand the risk associated with any type of trading or investment. I have gone to school for trading and am doing what I love to
I like using the leveraged index funds for option trading. I understand the risks involved.
I do NOT desire any changes by regulators that impeded my ability to invest, especially these listed below that require me to: Pass a regulator-imposed test of my specialized investment knowledge Demonstrate a high net worth Get special approval from my broker Attest to reading certain materials Go through cooling off periods during which you cant invest
TWIMC,
Leveraged and inverse funds, among other complex products under consideration, are important tools for individual investors and should be freely accessible regardless of a persons professional background or wealth, including the ability to pay for training or advice/service. Sufficient information is publicly available for people to educate themselves and make personal risk/benefit
Inverse funds have been beneficial to me in my investment journey..So why interfere? I assume its risks just like I DO WHEN i invest in other instruments. Now when large institutions were bundling mortgages and swindling the little guys the regulators were no where to be found...
Dear SEC,
Please don't put restrictions on crypto-currencies funds like BITO.
More regulations will just make it harder for the small investor, widening the gap between the rich and poor.
This is the same as regulations make it hard for for small businesses to complete with large corporations.
Thank you for considering small investors.
