What you propose is too broad and intrusive for a free market. These instruments have important legitimate uses. One can't completely eliminate risk from risk assets. There must be some role for personal responsibility. Rather focus on education, and perhaps limits for those who are over-leveraged on margin. Apart from that, taking occasional losses is how we learn to become better
I do not need some bureaucratic agency to tell me what I can and cannot invest in. Public investments should be available to the public.
I understand leveraged and inverse securities and I use them to hedge my portfolio from time to time. I don't need FINRA to decide whether or not I can utilize them.
Go regulate something that needs regulation or even better enforce the regulations
Consider additional warnings on trading platforms so investors better understand the risks, but please DO NOT restrict trading in ProShares for retail investors. My husband and I invest carefully and have done quite well with ProShares funds in the past. Other investors' ignorance or carelessness should not be a reason to keep us and others like us from investing as we wish in the
I fully oppose restricting freedom to invest and creating obstacles for retail investors to interact with "complex products". If the intention is to protect people's finance, instead of taking the lazy path of restriction, a better way would be to educate. Majority of retail investors understand the risk they are taking by entering the markets, and creating a silo for the "
I use leveraged and inverse funds to hedge my investments as well as in order to seek better returns. They are a limited portion of my portfolio. I have read all the appropriate documents related to their risks and I have accepted such risk in a responsible manner. Any regulation on such funds would negatively affect me by restricting my investment opportunities and options. Such opportunities
I oppose this regulation. You should be subject to something akin to the hippocratic oath. You often skip right past the "first, do no harm" stage and go straight into surgery, assuming that you can make things better through burdonsome regulation. I continue to be surprised that your constituent members have not recognized the many ways that you have outgrown your charter and outlived
Leveraged funds have allowed me to expedite my path to retirement and provide a better life for my family. I am fully capable of managing my money with leveraged ETFs. Regulating these funds would directly reduce the tax impact and would impact the economy negatively as I would not be able to spend as much as I could otherwise. Please do not my right to invest FREELY in leveraged funds.
I am outraged that FINRA has the temerity to even think of treating investors as small children! As an Options Trader, I find leveraged and inverse funds to be child's play.
We have enough stupid people in government who think the American people are idiots.
I think we need to disband the current members of FINRA and find real Americans to do this job. Or better yet, dissolve FINRA
Against. Unreasonable to take away. The govt does not know my finances or abilities better than I do. I must be able to choose how I invest.
If there are new restrictions on buying or selling such investments, that could be terribly punitive to current holders. We already saw huge unfairness when investors were restricted from buying GME last year. Let's not see that sort of mess again
This proposed rule is an infringement on investors' freedom to invest in whatever they want to. Investors (not regulators) should be able to choose investments that meet our needs. The FINRA better not move forward with this regulation as investors are not in favor of this. No investor should have to go through special classes or processes to invest. Investors have the ability to
