Hello,
My name is Steve Floor, I have been Investing and trading for 30 years, my how time fly's. I have always been able to choose
public investments that I feel are correct for me. I do not wish that option to change, no special process no more regulation
no special tests or show of means. I use leveraged funds to balance my portfolios knowing the inherent risk and reward. Please do
I oppose restrictions on my right to invest in any public investments I choose and feel it is very unfair to hold these funds back for just the privileged. I am capable of understanding the risks involved by investing in leveraged and inverse funds and do not need to pass a test before investing. Trading the inverse funds in recent months has enhanced my returns a great deal with so much
Dear sirs
I am testing a strategy using leveraged ETF's. My simulation shows it is feasible and successful. I have the following considerations:
1. ETF's are funds of many stock stocks, especially market ETF such as TQQQ. It has market risk but not the risk of individual companies. Sometimes, individual companies have higher risk than the market itself.
2. My strategy is short
I am a proven investor and know the risks associated with all my trades/investments. I believe as a private investor I should be able to choose the public investments I deem best for me, not regulators. I shouldn't have to go through any tests or special processes or have access to "x" amount of money to invest the money I have worked for. This proposed regulation
strongly oppose regulators to choose what is right for me or my family to invest. I am considered well versed in investment options, however I object to being tested for my ability to understand and to pick my investment options. This is ridiculous. How much control do you want over us? Leave us alone and let us pick whatever option is right or appropriate for our goals. Leveraged funds give us
I, not regulators, should be able to choose the investments that are right for me. Investments should be available to all of the public, not just the elite.
I shouldnt have to go through special processes, like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Leveraged and inverse
Dear FINRA,
Public leveraged securities should be made available to the public at large without any special testing, endorsements or requirements. While I can appreciate that you are looking out for the novice investor, these ETFs (just like *any* ETF) are managed by managers who are FAR MORE FAMILIAR WITH THE MARKET than I am! Thats why they earn a management fee. I love the S&P and
I am strongly opposed to these restrictions being considered for leveraged and inverse funds.
Regulators should not be able to restrict or limit public investments that are right for me and my family.
Restrictions like passing a test before I can invest in public securities such as leveraged and inverse funds are unnecessary. I am quite capable of understanding leveraged and inverse funds and
Please please please FINRA, please do not restrict me and my family from investing in leveraged and inverse funds. I am now making very nice profits due to these particular stocks / funds. I understand the risk involved and feel I should not have to go through passing a test or any other special process in order to invest in these public securities. They provide me the security with hedging my
I oppose any limitations on my investments because it is an investors right to freely access the entirety of the public securities markets without arbitrary restrictions. I want to maintain the freedom to access a broad range of investment products that help me build better portfolios. It is I who have the right to decide which public equities, bonds and funds I want to buy, not the regulators.
