Once again, when the democracts take power all they want to do is take away trading options for the guy. I don't have a pension like you people, us out here have to save and invest to secure our retirements. Now you want to stop the little guy from trading complex products - Proshares. I am currently using these to offset the losses from the market sell offs. Otherwise I have sit back
I am writing today to express my opposition to restricting investors on what I consider is the right to invest in a publicly traded investment instrument. I don't agree that obstacles or a "special process" be put in place to discriminate who can and cannot invest. All public investments should be available to all of the public, and not just wealthy people. Personally,
I have been investing in ETF's for the past 20 years, and I have made significant profits toward my retirement from these particular funds. Removing the ability for the retail investor to hold and trade these funds would severely unduly limit the average investor from profiting the same as the establishment and professional traders, which would be discriminatory and and unfair. We are
I believe that inverse funds are necessary to effectively manage my portfolio. As an individual investor it can be very challenging to hedge against market volatility and large draw-downs in the market. Inside retirement accounts, I have very few tools to hedge my portfolio, shorting and options are generally not allowed. That leaves buying of inverse ETFs as one of the few options to provide
I consider these proposed rules to be yet another abridgment of a citizen's right to do with his money what he chooses. I have half a century of experience in investing in stocks and bonds of all varieties. I learned how to do it the hard way, not by taking a test, but by self-study and experimenting with various instruments. I administered 2 employee pension plans as well as my own
I recently learned of Finra's interest in taking the choice of how an individual investor wants to invest away from them. Regulators should not have the ability to limit how an individual wants to invest his/her funds. There are already plenty of government regulations that limit how much we can invest in tax deferred options. The government should also not limit investment options to just
Hello FINRA,
Understand you make rules for betterment. I came to know you are changing the rules for Leveraged and Inverse ETFs and making it hard for common people to invest.
I am 61 years old and heavily invested in these ETF's as they provide better return and looking forward to my retirement. I do understand the risks involved and these days everything is detailed on internet and
I disagree with the regulation of my right to invest in inverse and/or leveraged funds. The ability to invest in these types of funds ought to be available to all types of investors, not just the high net worth people. My ability to hedge my investments is even more important the smaller my portfolio and net worth are. The regulations if imposed would impede the ability to respond quickly to
I am a retiree who has invested for years and I have come to rely on leveraged index funds to provide the long term returns needed for retirement. I fear if this investment option is restricted or eliminated that I and many others would simply not be able to save the funds needed in todays economic environment. Please do not restrict my ability to support myself.
Using inverse Etfs allows me to stay invested in markets to ride out a market correction or bear market. With inverse ETFs I don't have to try to time the market. It allows me to hold onto investments that produce retirement income. Do not interfere with hedges against the market. I do not want the government interfering with this valuable strategy.