I oppose restrictions to my to invest in leveraged ETFs.
I should be able to choose what investments I make without the big hand of Government getting involved. Congress needs to butt out!
I oppose any limitations on my ability to choose and invest in public funds. There should not be any special processes required from, or imposed, on me regarding investment in public securities.
It will lose tax revenue for the state, limits profits.
Do not restrict my trades
I have been contacted by a website called "Let Everyone Invest" that says under the regulations being considered by the Financial Industry Regulatory Authority (FINRA), if these public securities are deemed to be complex, you may not be able to buy them unless you: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval
Leveraged ETFs and options can help investors reduce their risk and be a great tool when used properly. In many cases, these tools can reduce an investors risk overall portfolio risk. To exclude their use by everyday investors is to put many of them at a disadvantage and possibly an even more at risk position. Simply buying and holding individual stocks can be much more risky, and the equities
I think its a dumb rule. People take out margin and risk owing the brokerage. Levered funds remove that risk
I wouldn't be investing if it wasn't for ETF's. They are great for day trading 10k dollars. I should be allowed to take a 3x risk in order to get a 3x reward. This regulation directly attacks the small retail investors and helps gigantic hedge funds. The stock market is for everyone. This is America!
We investors are demanding TOTAL freedom in our investing, with no babysitting from govt regulators.
If I can freely spend my money in casinos without regulators protecting me from losing everything I own , then I should be able to invest in whatever I want to! It's my choice and my money!