Platforms like Fidelity, Vanguard, TD Ameritrade, etc. put checks before investors are able to invest in these ETFs/Funds. I believe these are sufficient safeguards. FINRA should not take away the ability to trade in these instruments and limit the ability for knowledgeable investors to benefit from the fluctuations in the market, while investment banks are able to make millions off them.
To whom it may concern,
I decide how I want to invest my money. I do not want a bureaucrat deciding for me. I've been a stock investor for 50 years and I trade the inverse and leveraged ETF's as a hedge on my portfolio. I understand how the are priced. I really do not need FINRA telling me to take some kind of test.
Comments:leveraged ETFs are investments through legitimate brokers and are described in exquisite detail in their literature. Warnings pop up whenever trying to execute a trade. That should be enough for any investor to be informed completely. Any more is an example of government getting into what should be my private affaires. Please leave the leveraged products alone. Thank You
I am 72 and retired Wall Street for over 35 yrs. No one but me should determine what is suitable for me.
Your rules lose people money. Your 3 day trades in 5 days in these volatile markets guarantees losses except for the most nimble.
Please go on a long vacation allow brokerage firms to know their customers!
Leveraged ETFs and options can help us (individual) to reduce investment risks in many cases.
If limited or forbidden individual investors to use that, will let us bear more risks than companies. It is not fair to individual investors. Limited trading leveraged ETFs and options will make individual investors in a weaker position and loss tools to protect ourself.
If you forbid these funds now you will lock in loses for investors who bought these funds in good faith. I am surprised that Drexion and Profunds aren't paying you to do it. They will be the only beneficiaries. Regulate corporate buybacks and give out fines for insider trading that are more then the money made if you want people to think you are doing anything
Hello, As a retail investor, I oppose any and all limits on what I am allowed to choose to invest in. I understand the risk of highly-leveraged and inverse ETFs and other derivatives, and I invest in them and trade them with full knowledge of what I'm getting into. I do so at my own risk and for my own self-determined reasons, and I strongly object to any limits being placed on my ability to
Please enforce margin calls and share threshold listings. Enough is enough Hedgie funds need to pay debut just like the rest of us. Naked shares cancel that. Not allowed to trade in dark pools cancel that. System is no where close to fair for retail traders.
Why does a " dark " pool exist? We demand fairness and transparency in the stock market. How can we prevent " naked shorts " / synthetic shares? Why is there T + 2 when the market makers can see our trades instantly? This is NOT fair. There are RAMPANT FRAUD AND MANIPULATION.
I find the inverse funds etfs are a convenient way to trade market trends. The prospectuses and notices to investors have made me aware of the potential for financial loss in using these investment instruments so I am careful and vigilant in my use thereof. I don't feel further regulation is warranted and I believe it would serve to put undo restrictions on investors.
