It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except the rich ones. All retail traders or investors should be able to freely choose whatever products that fit their trading strategies.
Finance is NOT only for the rich or the privileged. Raising the bars limits our capabilities. We know what leveraged or inverse funds are. Also,
I understand that a key investment vehicle that I use in management of my portfolio may be restricted by the proposed rules. I hope that I and other individual investors will not be restricted by these changes. Many of the systems and trading rules advantage big investors while small investors are unable to achieve the scale or resources to obtain these benefits.
Please don't restrict
Freedom and self-determination are essential to a better life for me and my family. I have spent much time and dollars to equip myself for trading options and futures to which I have been able to better my returns and hedge my accounts from future declines. Therefore, I say that I should have the freedom to engage with these instruments without interference to achieve my financial objectives.
This likely wouldn't protect as intended. Those with this risk appetite will simply search out other risky (and riskier) assets. Restricting the free market in this way will just hurt more than it will help. The risks associated with leveraged and inverse products is well documented, and all brokerages that offer them prompt with warnings before allowing trades. Adding extra bars for entry
I haven't read the material yet, but at first blush this is quite an overreach. Not everyone can win - yet those that lose run to elected officials & want a refund for their poor risk management. Day trading "rules" changed nothing but the amount that could be lost to a greater amount. Time would be well spent helping the gamblers buying 0 DTE puts &
I strongly oppose to limit my choice of investment. The restriction poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except rich people. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also,
Heavy disclosure on the risks associated with these securities (leveraged funds) already exist. The brokerage community is doing a fine job without any required regulation. Tax payer monies can be better spent. As an example, when I purchase these securities in my account, and I use several brokerage firms, a large warning sign pops up and I can not complete the trade until I have read the note
Comments: I oppose any further rule-making to limit access to so-called "complex products" (e.g. leveraged / inverse funds or ETFs). There are already plenty of warnings provided regarding the risky nature of these products. At my broker's website, for example, I receive a notification every time I attempt to purchase these products indicating their risky nature and
We should be able to risk our funds in whatever manner we choose, so long as we aren't risking money we don't have. I am strongly opposed to any restrictions of pro shares. I should be able to trade additional levels of risk, as any public investment, without additional requirements or restrictions. This is my freedom, and my right to choose to do with my money as I deem fit.
Adding additional rules and regulations to the market place is counter productive and not in the best interests of the trading public. As a long term investor in the US market place (50+ years) the caveats posted with any investment are the responsibility of the investor to read and make note of. To make it more difficult for a self directed investor to participate in all types of available