Do not limit my ability to invest and control how I do it. You do not know me or represent me so hands off. I'm an investor and take the risk that comes with investing. Why don't you stop legislators from investing and insider trading instead. They should ONLY be able to invest in ETF's or mutual funds and NOT individual securities.
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MAIL VOTE
EXECUTIVE SUMMARY
NASD members are invited to vote on a proposed amendment to Article III, Section
Comments:I do not believe Leveraged 2X or 3X Funds, ETFs, or the like need any further regulation or disclosures for public trading.. There are currently disclosures available on Providers Websites and Traders likely know what they are investing in. Please do not cause any further regulations to hinder traders from investing in these leveraged investments. Thank you. James Hunter
Comments: FINRA should stop trying to prop up the stock market and keep its nose out of retail trading. They are just trying to prop up what will be a dying stock market to protect all of the institutional investors. I urge them to back off and make no further changes to freedoms in the market. Let the market be open and free with no further interference.
Comments: We individual but educated investors should still have access to leverage and inverse funds and products because (we) educated investors do understand the risks . I do agree with signing the yearly agreement to trade these products but our access should NOT be taken away. Some of us do NOT want to work until we are 90 years old.
Please STOP your efforts to limit myself as an investor to own and trade leveraged and inverse investments. When a regulator like you restricts freedom you actually create more problems than what you think are attempting to fix or repair. Investors in these type of funds actually do know what they are doing. Please stop your restrictions of freedom.
Please do not take any current options for maximum flexibility in the free market trading of US securities. The market is already over manipulated by government regulations and the enforcement agencies, including the Federal Reserve. If you are looking for a more open and fair market, start by taking away the right to invest in individual stocks from the US House of Representatives and the Senate
Investors should be able to buy instruments of their choosing. The restrictions on trading in the expert markets have already ruined pricing and liquidity on many equities at the expense of small investors. Please don't continue harming investors through restrictions. Leveraged funds have many useful purposes including limiting risk through hedging and avoiding use of margin loans.
Investing in publicly traded securities is an individual investors right and they are fully accountable for the results (positive or negative). You may ask them to sign an additional waiver / acknowledgment of the risks but you should not restrict them. Additionally, You may put disclosure requirements on these leveraged and inverse funds to improve transparency to the investors. As a regulatory
I believe individuals can and should do proper research and use their own abilities to assess risk exposure. The ability to trade inverse and leveraged funds is indispensable and key to holding a balanced portfolio or responding to volatility in the market. Without inverse funds I personally would have to pull my assets out of the market to react to current and possible future market conditions.
