I oppose restrictions to my "RIGHT" to invest!!!!! I am capable of understanding leveraged and inverse funds and their risks. I use these to hedge against a market collapse that I have no control in.
We investors know the risk associated with our investments, including leveraged funds. We don't need to take test to invest our own money!
Please, leave the leveraged funds alone. These are much, much safer than a futures account. They are fantastic value for investors. Much less risk than futures.
Leverage allows me to hedge my investments. It is a limited part of my portfolio.
I am capable of understanding the risks and I don't agree with these measures imposed on us.
This proposed rule is absurd. Let Americans make their own investment decisions without special credentials. We know the risks when we make investments!
I should be free to assume my own risk. If I have read the prospectus, I don't need FINRA to tell me anything more. This is still America, correct?
I use inverse and leveraged ETF's to reduce risk in my portfolio. They allow me to preserve assets without large amounts of selling and missing out on dividends.
This proposed regulatory statute is draconian, and unnecessary. Crypto currencies pose far more risk to the uninitiated investor, and they should not be regulated either.
Peace and long life,
M*
I should be allowed to choose where I want to put my own money and when, I am of sound mind and have the ability to asses risk on my own.
There is no reason to treat inverse and leveraged ETFs different than any other investment. All investments have risk and the individual needs to do their own research.