Please to not restrict the public's ability to invest in a broad array of securities. It is more important that information and risk be disclose than for an individual to be required to pass a "test" in order to invest.
I understand about Leveraged and inverse funds and risks. I have invented them for the long time. My returns are good. It is my money. I can make a decision by myself.
I retired as a CFP and have been investing my funds for over 50 yrs. I understand the risks involved and I would not be happy having my investment rights limited.
Leveraged fund are a key piece of my investment strategies. I am experienced enough to read and understand the risks and do not want any special measures imposed on me.
Unprecedented overreach to free markets. I am an experienced knowledgeable trader of over 30 years. I understand the risks associated with these types of funds. Im a man. I can handle it.
FINRA Requests Comment on a Proposal to Amend Rule 3110 (Supervision) to Provide Firms the Option to Conduct Remote Inspections of Offices and Locations That Meet Specified Criteria
This is a horrible idea. I can choose my own investments. Let me decide my own risk for my own investments. This is severe overreach. Do not do it.
It is "PUBLIC INVESTMENTS". We have the right to participate.
I understand they hold a higher risk and that is well explained before confirmation of the initial purchase, at least it is in my Fidelity account.
I strongly oppose any regulation of trading inverse and leveraged funds. Fair warnings of risk and complexity have and should be given, but legal restrictions are an unnecessary infringement on freedoms.
Comments I understand the risk of leveraged long and short funds I use them to offset market movements and trade them shot term and should not be limited to use them .
