You shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am capable of
understanding leveraged and inverse funds
and their risks. Regulators do not need these measures
imposed on me.
This kind of regulation will only make it more difficult for the average citizen to achieve financial independence and awareness. This is the kind of barrier that allows institutions to maintain their monopoly on advanced trading tactics and instruments. There is already plenty of information and cautionary warnings in place that any reasonable person would understand their risks.
Leveraged and inverse funds give people the ability to grow their wealth and shouldn't be restricted to certain privileged (mostly wealthy) individuals. Why single out these investments? There are many risky stocks that have higher volatility and risk than leveraged and inverse ETFs. This is arbitrary and hurts the small investor.
I strongly oppose the effort of regulators to limit my ability to purchase leveraged or inverse investments. I am educated and well aware the risks of purchasing such products. As the last 5 months have dramatically proven, these types of products, like any stock, has the ability to go up or down significantly.
As a personal investor in leveraged ETFs, I fully understand the potential risks and consequences that come along with said investments. Being they are legal and regulated funds, I should be able to make the decision whether or not to invest in them on my own accord, and not have FINRA make that decision for me. Thank you.
I know the risk and I know the rewards. So, please don't regulate my ability to invest in the various funds/ETFs I currently have available, including inverse and leveraged ETFs... In other words, please don't be like typical Washington bureaucracies and [REDACTED] things up for the rest of America. Thanks!
I want the access to be able invest in leveraged and inverse funds. I understand the risks and dont want take a test to have the access to invest in leveraged and inverse funds. Inverse funds helps me protect my net worth and savings since its hedge against market drops.
I am expressing my opinion of opposition of adding regulation to my ability to buy leveraged and inverse funds. I understand the risks involved and don't feel that taking a test, for example, is necessary. It is just bureaucracy that isn't necessarily going to help with me be less foolish with losing my money, or not.
Leveraged and inverse funds are one of the many investment tools that I use to match my risk profile and investment objectives. Reducing access or eliminating funds of this nature is nanny state overreach at its finest. I dont need you to tell me how to manage my household finances.
I believe the investor should be made aware and fully accept responsibility for the additional risk of leveraged and inverse ETFs, which is achievable by a succinct attestation before trading. I believe the additional pre-requisites deter investors from these types of investment vehicles and therefore cost them significant growth potential.
