To whom it may concern,
I oppose any regulation in my investment choices. Right or wrong, individuals must maintain the right to make their own investment choices. If regulation must be pursued, then focus on insider trading practices of members of Congress. This is where regulation must occur.
In USA everyone must have freedom to invest anyway they like, we dont need FINRA to block trades under the disguise of protecting investor. As investor everyone should understand risk of losing money, its individuals responsibility not some Government created entitys.
It is entirely inappropriate to limit public access to trading L&I funds. The idea that the public needs protection from these complex products reveals only FINRAs ignorance as to the general intelligence and sophistication of the public. FINRA ought to propose a rule to limit the limits it is allowed to put on the public.
You are attempting to channel Retail investors into categories in an attempt to regulate their trades. If you would actually regulate the Banks, Brokers and Short Sellers these new regulations against Retail would be unnecessary. It appears that Retail traders have become a threat to your "Status Quo".
The use of inverse funds helps me reduce risk in times of market
Volatility!
If this action is taken my only option is to be in or out of market
Please dont take my ability to trade on money I have earned
Allow freedom to investors to continue to think for ourselves
Regulators should not be allowed to identify correct investments for myself and my family.
Testing that permits individuals to invest in public securities should be prohgibited.
I do not wish the govenrment or a regulatory body to pick 'winners' and 'losers' among publicly traded securities.
Edward Lerp Jr.
I understand the risks and benefits associated with leveraged ETFs and they are a part of my overall investing strategy.
Not being able to continue to implement them in my investment policy would be a detriment to my financial success. Please do not impose harmful limits on placing/making trades of this nature.
I wouldn't be investing if it wasn't for ETF's. They are great for day trading 10k dollars. I should be allowed to take a 3x risk in order to get a 3x reward. This regulation directly attacks the small retail investors and helps gigantic hedge funds. The stock market is for everyone. This is America!
Please continue to let the small retail investors trying to build their retirement funds when the markets begin to fall, continue to trade inverse and multi-leveraged funds. IRA accounts are not allowed to short stocks and can't get margin for shorting so when markets go down so fast and stops are not always in place, we become "bag holders" in many good company stocks but because
Comments: I am not confused on these inverse and leveraged products. I know how they work and like trading them without having to worry about the risks about losing more on margin. It allows better participation from retail traders who are educated on the risks and rewards of these products.
