Please do not over regulate my ability to invest as I see necessary.
I am a client associate at Merrill Lynch (soon to be registered client associate after passing my Series 7 and 66) and I recently passed the SIE. I fully understand the mechanisms behind leveraged/inverse products. Limiting the accessibility of these products is not in an individuals best interest because they should be allowed to make their own risk/reward judgements. 25% of my portfolio is
As a 52 adult, I believe I am capable of assessing my own investments and risk profile. By erecting these hurdles, you disenfranchise common investors from taking advantage of investments that could make a real difference in their wealth. I genuinely don't need additional regulations imposed upon me to tell me what I already know about leveraged and inverse funds. I am capable of
Do not restrict access to leveraged ETFs. These are the only way average investors can employ the same strategies as the billionaires you are actually trying to protect by limiting the rest of us.
I support FINRA's effort to curtail the purchase of leveraged and inverse funds and dozens of other popular investments deemed to be complex. These types of investments are nothing more than pure gambling. I applaud FINRA's action to protect the unwary investor.
As a regular investor, want to be allowed to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex in the way adopted so far in each broker.
i think you should let investors choose the securities they invest and not limit those choices.
Let investors chose the funds they chose to invest in. If someone wants a leveraged fund it is the individuals choice!
I have reviewed this proposal and am completely against it. Restricting investment is a sure way to continue to bring the market down. I also question the logic of enacting something like this AFTER the market has gone down 20% due to other failed policies by this administration seems like a sure fire way to attempt to keep the "peasants" in their rightful place.
If this is
The concept that individual investors should not be allowed to manage their investments as they please is one of absolute corruption and an untenable position for anybody with even a vague sense of personal liberty. For this reason I am strongly opposed to this proposed regulation
