I like to buy leveraged and inverse funds once in a while to hedge my portfolio when circumstances are right. They never take a large position in my strategy because they can be dangerous. But knowing the risks and the rewards, I believe that using or not using them should fully be my decision.
Investors are already aware of the risk that these funds bring. Why limit access? If the goal is to prevent people from not understanding the consequences of their actions, create a warning that brokers must display before purchasing these kinds of investments - don't limit investors from access to funds we love!
There are already disclaimers set up at several brokerages regarding high risk investments such as leveraged funds. Fidelity had me sign one already because I changed my investment style . It is up to the individual to gain the knowledge one needs to make informed decisions, not the government .
I oppose any proposed regulations that could limit or restrict my ability to purchase or sell inverse or leveraged funds. I do my own homework, and am aware of the risks involved with these types of investments. It should not be the job of FINRA to protect me from myself.
Thank you.
Please allow all investors to retain access to leveraged and inverse funds. The risks of such things are well documented and investors are warned adequately prior to making buy and sell orders. Allow us to invest how we feel is most beneficial for our own well being.
I do not agree with this proposed new regulation, especially with making it available to only high net worth individuals. I am not a high net worth individual, but I do fully understand the risks associated with investing in these securities and I am using these instruments as part of my overall investment strategy.
I am your average retail investor, who uses leveraged products as part of my strategy. I understand the risks of these funds, and the inherent drawbacks.
Please do not artificially limit access to these funds so that they are only widely available to institutions and hedge funds, and inaccessible to the average american.
I should be free to invest where I see fit. I know the potential risks - and rewards - of leveraged and inverse funds and incorporate them into my portfolio to hedge against losses and seek better returns. Imposing restrictions, like testing, restricts the ability to invest in such funds to the privileged and well-connected.
STOP TRYING TO PROTECT INVESTORS BY PASSING RESTRICTIONS LIKE THIS. Most investors dont even know what leveraged/inverse ETFs are; those of us who do, are sophisticated enough to understand the risks involved and we dont need any more protection that limits the free market.
This rule is a bad rule because it takes away another freedom and choice for us.
I want to be able to choose my investments!
I shouldnt have to go through paperwork and regulations!
I know and understand the risks!
I ve been in the stock melt now for 2 years and I understand a lot about it!