I have used these products in the past and hope they will be available in the future. Every investor should due their due diligence with any investment. Restricting investments/speculation in this type of product is not equitable to every investor.
We can handle our own investing and risk taking, its ok if I got to the casino and lose my house but it's not ok for me to invests in things I see fit, so is it really about the investing or control over my life or stoping ability to build wealth.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
The inability to buy leveraged and inverse funds would be detrimental to my personal investment strategy.
Dear Sir or Madam:
I am a responsible, literate adult who is quite capable of researching my own investments. I take full responsibility for my successes and failures as an investor. Now, more than ever, I and other investors need ways to hedge against large drops in the stock market. Your proposal of these restrictions is very suspicious, and actually makes it more obvious that now is the
Since I earned my own money I think it should be up to me and only me to choose how I invest it. Sounds to me like you are trying to only certain people the ability to invest in these investments discussed herein. That is ridiculous.
Do not over regulate. apply rules that protect the consumer/issuer but let free market run
I understand that not everyone understands leveraged and inverse funds, but some do and can benefit from access to them. It seems that sweeping everyone into the same category hurts as much as it may help.
I don't believe FINRA should restrict 'complex' products from average or retail investors. All trading has risks and where does FINRA stop in regards to restricting retail traders, this is a very slippery slope. Sure it makes sense to have brokers post messages on some products, but this feels like a ploy to hurt retail investors not protect them. This should not be
Id prefer investors like myself retain the option to invest more ways rather than less. Curtailing investment options is a slippery slopewhere does it end? Today its levered funds, tomorrow its something else deemed exotic.
Dont take this path.