Enough with the greed and self- serving. Once again that's what this is about. People should have their own choice to decide and be able to benefit from that.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. Leveraged and inverse funds are important to your investment strategies.
Inverse funds are an important investment vehicle that should be made and kept available to the average investor. They offer investors the ability to hedge other investments and protect themselves from adverse market moves. To remove this tool from investors would be short sighted and negatively impact the average investor by not allowing this tool for them but to continue to allow it for high
What happened to capitalism???
All investing or trading is an educated guess, it is all still making a bet on what stock, commodity or the market will do. If we were in Las Vegas it would be educated gambling. I have personally had JDST, JNUG, DUST and NUGT in my portfolio. I and others I know trade these types of investments, some doing it as day traders for at least the last 5 years. When the next recession hits, it would be
Individual investors (retail traders) should be allowed access to the full range of hedging products that are offered in the market place. Hedging a long term retirement portfolio is just as legitimate as any other market participant
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds for myself or my family. I am perfectly capable.
I have heard that FINRA is seeking to put restrictions on investors, particularly individual investors, from buying into inverse funds or leveraged funds. I am an individual investor and having been using leveraged and inverse funds for more than 10 years. I am quite capable of doing my own research and understanding the risks. In the current market environment using these types of funds is a
I oppose this whole heartedly and you are hurting the value of peoples current positions by even floating this out there. This should have been decided before they came to market and investors put their money in these products.
I Oppose Restrictions To My Right to Invest in Complex Products, including Leveraged and Inverse funds! Any attempt to impose restrictions on the individuals right to buy these trading instruments gives the large trading firms an unfair advantage and makes the market unfair to us. Large firms have resources to use trading programs and other trading tools which individual investors do not have.