I OPPOSE any regulation related to the restrictions proposed. I reserve the right to invest as I see fit based on my free will and ability to suceed or fail with my investment strategy. My investment strategy may include leveraged ETFs, and any other instruments that involve risk.
I dont want testing or any other qualifications imposed on me to be able to invest in what I desire.
I have been
As a long time investor the idea that I can not understand the risks of complex and leveraged funds is ridiculous. I regularly use these type assets to hedge against things like the current rise in interest rates and do not require the government to hold my hand while I use them. The market is not a FDIC insured bank account and investors are regularly informed that they can lose money and if
Dear FINRA,
I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process, like passing a test, before I can invest in public securities. I am capable of understanding leveraged and inverse funds and their risks. I do not
I have actively been investing nearly 30 years and during that time have seen the introduction of ETF's and inverse funds which were at that time put under intense pressure to disallow such funds. They have since proved to be very popular and effective tools in the personal investment world.
I believe that any restrictions placed on these funds is strictly an attempt to inhibit my
Please see comments.
Pass a regulator-imposed test of your specialized investment knowledge
-- This should be a few questions, not complex, just a couple basics.
Demonstrate a high net worth
-- Not high. $2,000 or something like that.
Get special approval from your broker
-- Not special approval, just the broker sees the $value, asks the questions, and then approves.
Attest to reading
Leveraged and inverse funds are important to my investment strategy. As an older investor who started investing later in life, I use them to seek enhanced returns, and you should never be permitted to take away my right to think for myself and make my own decisions about how, when, and with whom I invest MY money. I shouldn't have to go through any special process or exam test to be able
I would like to make my own decision as to what to invest. I oppose restrictions on my right to invest in public investments. I, not regulators, should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I shouldn't need to pass any test before I can invest in public securities
I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse
I am, in general, opposed to the need for additional barriers of entry to use leveraged and inverse funds. The existing regulations require stockbrokers to monitor age and balances of accounts, and already quiz traders on their experience using such investment tools. There is always a risk no matter what the investment, and there's no real difference between leveraged/inverse funds and
Regulators should not be involved in the decision of what I can invest in and what I can't invest in. It is not the job of ANY government agency to determine what I do with my hard earned money. There should not be any "special process" that I must follow, such as passing a test, before I can make my own investment choice.
I do not want or need these or any other
