As a long-time investor who had diligently saved for his retirement, and who sought advice from professional financial planners, I would like to retain my right to continue using leveraged instruments in my portfolio. They help me achieve the desired allocation. I do not speculate or day trade and only use these instruments only for long-term goals.
I should be able to choose the public investments that are right for me and my family, because this is my "small business" (this is my main source of income)
Public investments should be available to ALL of the public,
not just the privileged, because many retail investors do this for a living (not for fun). Give more regulations to the "TOO BIG TO FAIL" not to
I am contacting you to express my opposition to the proposals in Regulatory Notice 22-08. I see no justification for FINRA to restrict public access to any publicly traded financial products, including leveraged EFTs. These securities provide an efficient and economic vehicle for small investors to hedge portfolio risk, a strategy that has now become critical in the aftermath of more than a
I strongly oppose limiting investors ability to trade leveraged and inverse funds. These can be great tools of various usages like market timing and hedging.
These funds are probably riskier than their corresponding non-leveraged funds, but there are tons of real stocks that are much more risky than these funds, so why not put limitations on those stocks?
I believe it's investors
I urge you NOT to restrict ordinary investors from trading leveraged and inverse ETFs for the following reasons:
1. Inverse and inverse leveraged ETFs are often the only vehicles available to ordinary investors to hedge their cash and retirement accounts in a down market, or even to profit from down markets. Wealthy investors have many means to do this. Taking these products away from ordinary
Let me ask you, who gives you the authority to determine if any investments are too complex for me? You're supposed to protect me from unscrupulous brokers. So now you're protecting me from myself? I am an individual investor.
So now I'm too stupid to not educate myself on investing? I need you to make me:
1. Pass a regulator-imposed test of your specialized investment
Dear FINRA,
I strongly object to RN #22-08 for the following reasons:
1) I believe I have the right to be able to choose the public investments that are right for me and my family.
FINRA seeks to render some public investments unavailable to the public, and to grant access only to the privileged. It's not FINRA's place to decide whether I should or shouldn't be granted
What is the purpose of this change? It seems that this change is to benefit institutional investors by restricting retail investors access to complex products. Leveraged and inverse ETFs are incredibly important to my trading strategy and would be detrimental to my portfolio to remove or limit my access to these products. These are important protections and funds available to continue growing my
Do your job. There is zero transparency in the market. Current rules and regulations either aren't being enforced, or are too difficult to enforce due to secretive trading. Naked shorts are still happening, end dark pools, start looking out for the retail investor.
The USA Free markets should not be limited in any ticker what so ever. The total purpose of the market is that it is free to be traded by any person that follows ALL the laws. This includes ETFs or any commodity. Regulating tickers would be unfair for the regular investors and giving more power to the Banks and market maker.
These are the situations that create more imbalance to the market.
