Let me ask you, who gives you the authority to determine if any investments are too complex for me? You're supposed to protect me from unscrupulous brokers. So now you're protecting me from myself? I am an individual investor.
So now I'm too stupid to not educate myself on investing? I need you to make me:
1. Pass a regulator-imposed test of your specialized investment
My online broker just made me aware that regulations are being considered that would put additional restraints on my ability to trade leveraged and inverse ETF's. I object to what is unnecessary.
Following the logic the next step would be to put restraints on all online trading to the public. Then investments would be back to only being managed by brokers. Progress was made when
I am new to Leveraged/Inverse ETF's and am learning how best to use them. I thought they were very very risky when I became aware of them several years ago.
I started small with $1,000 positions 2 ETF's 3x. I use them not to trade over day to day but as protection in times like now to make money in declining markets. I formerly used Mutual Funds for the same purpose but
I see restricting access to the different types of investment products as overbearing and manipulative of market forces.
The use of inverse and leverage funds are an important market access for all people in the country, for a variety of purposes. They should not be a core part of a portfolio, but do serve a place in building a well-balanced financial plan.
For example, if I am looking to
These are products that are used by sophisticated investors who understand the risks and are willing to take them as part of their overall strategy for their reward.
Restricting access or imposing onerous criteria to meet before an investor can trade/invest in them goes against every principle of a free-market economy.
The entire premise of this regulatory notice is false, and data mining is used
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
SEC Approves Changes To Rule 4613—Firm Quotation Requirements; Effective Date: August 2, 1999
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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.
Government is supposed to be here to provide the services that the citizen can't provide, like military, international policies, etc. This government wasn't set up to be babysitters for its citizens. Citizen can make their own decisions, be they bad ones or good ones. Every day we make decisions about our lives without government intervention. Some of these decisions literally cost
I should be able to choose what I invest in. Why is gambling legal but I can't invest in what I deem appropriate? Gambling always has a house advantage and I cannot come out ahead in the long run but with investments I know exactly what I'm getting into and the risks involved. I should be able to store my money with NEXO or Celcius without having regulations shoved onto me. I should be
