There's no reasonable excuse to prevent anyone from investing into any public investments. There are plenty of legal investment brokers for sound financial advice. It appears that once again the money is trying to keep those of us trying to build up a stable financial security for ourselves.
Retail investors deserve to make their own financial decisions and and the opportunity to profit from their investments. Eliminating leveraged and inverse ETFs would remove financial tools from ordinary Americans while allowing large corporations and investors to continue to profit. It's unfair to normal people.
As a retail investor, I do meticulous research on the financial health of companies I invest in, and do quite a bit of work to justify adopting a particular strategy or level of financial risk. Closing off inflows of retail investment dollars damages me, and my investments, regardless of the intent of the rule
I have been in leveraged ETF's for about 6 years. The criteria that Fidelity has in place is more then adequate to assure that the ETF investors can deal with the volatility based on their financial status. The market today is quite down but I'm not hurting because my basic financial situation is sound,
Investors need financial freedom to invest in inverse and leveraged ETFs. FINRA needs to respect the publics freedom of risk appetite and not subject the members of the public who are experienced and educated individuals to extensive regulation that can harm our long run returns and financial well being
Stop trying to restrict my right to invest in whatever investment I feel is right for me as an American citizen . I am an adult and do not need the governments to make financial decisions about what I can and cannot invest in. Stay out of my financial affairs as they are not your responsibility to manage.
The American public is capable of making their own decisions, carefully researching their choices, and taking appropriate action. As such, Americans do not need their financial to be controlled by regulators. Limiting the right of citizens to determine their financial future is elitist and an infringement on the liberty and freedoms upon which our nation has built its reputation.
I am perfectly capable of assessing the risk of investment options, choosing which investments to include in my 401K, and accepting the financial consequences - beneficial or detrimental - of my investment decisions. I do not need or want government regulatory guidance or restrictions on my investment options. Please stay out of my financial opportunities and decisions.
Effective Tuesday, May 28, 2024, in accordance with the SEC’s amendments to Exchange Act Rule 15c6-1(a) to shorten the standard settlement cycle from two business days (T+2) to one business day (T+1), FINRA will implement its changes for equity trade reporting. Please see DTCC notice for details of the financial industry coordination for this project
I am currently holding a position in an inverse leveraged stock. Personally, knowing how it works and understanding the risks. I do not believe I should lose my investment opportunities based on my privilege within the market, and financially. My overall opportunities as an investor and financially will become limited which I find unfair to myself as an investor.
