Comments: I like trading leveraged and inverse ETFs and don't want additional limits placed on the investors. I understand the risks and believe that additional limits on these investments will only hurt the small investor while big Wall Street firms can do what they want. It is important for FINRA not to hurt the small investor.
A free market implies free trading with all available instruments. The limitations are a financial dictatorship. I will not trust a market that changes its rules every now and then in favor of some special interests and government convenience. You better focus on making the same rules for everyone and NOT make select categories with "special" rules
Dear Sir or Madam
I have responsibly used leveraged and inverse funds for > 5 years. I know exactly what they are and how they function. I strongly resist having to go through any special process, test, special limitations or any restrictions on my ability to purchase, sell short or otherwise trade these securities.
The strategies implemented in leveraged and inverse publicly traded funds are important to me and should have no special process or tests for investors like me. I am capable of understanding the ins and outs and risks associated with these type of funds and they help me protect my investments and help with overall returns to my portfolio.
You have no idea how your regulation will close off the ability of small investors to grow their investments to retire in a better space. Why you favor Wall Street and not Main Street, I don't understand. Public traded investments should be available to all of the people, not just the already rich billionaires.
I am an investor in leveraged funds like TQQQ and perfectly understand the risks involved in such funds. I do not want to go through any test to prove my ability to trade such funds. Please do not place undue burden on investors by bringing in unnecessary hurdles like a test, high N/W etc
I'm fully aware of the risk involved with leveraged trades. That's why I put effort into the research I perform. I DO NOT need the Government "looking out for my best interest ". I love the freedom of investing outside of my TSP. This love diminishes with every regulation that aims to lookout for us unaccredited investors
Dear FINRA Regulators,
Please don't place limitation on buying leveraged and inverse funds, that is an important option for many traders, and those funds are not complicate and not risky in general. I have traded leveraged/inverse ETFs for many years, didn't experience any problems with them.
Thank you for your time and consideration!
I have been trading and investing using leveraged ETFs for over a decade. I use them responsibly, and I am fully aware of the risks involved.
I can understand that some amount of regulation may be necessary, I do not think banning leveraged ETFs is warranted.
I oppose restricting the publics access to leveraged ETFs.
It poses a severe threat towards market fairness. Retail traders or investors, like myself, should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are and how they work. Also, the liquidity will be severely affected if passed.
