I had been investing in stock market for long time. I have the knowledge and means to invest the way I want without government regulators telling me what to do. I have used leveraged funds to enhance my returns. Therefore, I'm oppose this governmental interference.
I realize that you think you need to protect the public. If this is the case why not just restrict all of these types of plans. Putting restrictions in place so that a select few can use these investment vehicles makes it look like you are trying to create a protected class of people that can invest in this way. Don't they already have an advantage because of the way brokers treat them.
I don't think that regulators should be allowed to override my investment decisions. I use leveraged bonds in some of my mutual funds.
On behalf of our family and relatives we would like to state that leveraged and inverse funds are very important part of our investment portfolio. In particular we use leveraged inverse funds as Hedge against long positions in hi-tech Nasdaq stocks. By prohibiting or overly regulating Leveraged Inverse funds, or creating other barriers, you as regulator will take away our ability to protect our
At the ripe old age of 53 and over 20 years of public investing, it is awfully paternalistic of a USA regulatory body such as FINRA to now strip away my right to certain important investment strategies and securities such as leveraged and inverse funds. Are only the big fish and/or insiders on Wall Street and government officials allowed to hedge/enhance their portfolio with such vehicles??? Are
I have been investing for a number of years and feel i am the one that should make these decisions. When you take these types of things away you are interfering with the free market and it never runs the same. Over the years i have noticed that your regulations make things more difficult and just end up costing the investor more headache and money.
To Whom It May Concern: I am an accredited investor and I know what I am buying for. Leveraged funds should be easily accessible to the public. These leveraged funds are normally 2X or 3X the regular funds. If FINRA were to block leveraged funds, they should tackle blocking currency trading first. The leverage used in trading currencies are as high as 200X! Thank you for your consideration.
I understand the risk of leveraged ETF/products and use them carefully. They help me get bigger returns with less capital. I should be able to choose what I invest in without having to pass tests.
Please do not limit retail investors' ability to choose their own fund allocations, no matter the "complexity." I urge you to reconsider these restrictions. Most investors, including myself, understand the products we're investing in. Please do not let a small minority of gamblers change the way the rest of us can invest.
It is not your responsibility to decide who is intelligent enough to handle their own finances. Most people who invest in these products are fully aware of the risks and rewards. They are not that complicated. I have used them rather successfully for years. I see this as just another example of government overreach, with attempts to control and limit our individual freedom of choice. Enough is
