Leveraged funds are an important part of my investment strategies. Involvement of regulators in a person's wallet should be limited, just like their involvement in private lives in general. Furthermore, the paternalistic stance taken by regulators is reminiscent of the approach of the most severe autocratic and totalitarian regimes, where a dictator considers his people too feebleminded to
I oppose any regulations by FINRA that would restrict my ability to invest in leveraged or inverse funds or any other public securities. Private investors are expected to understand that all investments involve risk. Perhaps a disclaimer should be required by all brokers that investing in certain types of funds will expose the investor to more risk than usual.
There is no reason a government body should have visibility to private law abiding citizens investments. It is a direct infringement of the 4th amendment on an individuals right to privacy. The only reason a government wants would to be use it as a political weapon.
To have access to that information an individual should be suspected or charged with a crime and a search warrant issued for access
I oppose this ruling as a retail investor because I have responsibly been trading leveraged funds for multiple years without additional risk. I feel this ruling imposes totalitarian control on my money and limits my freedom as a private citizen. If this ruling isn't stopped now, additional constraints on investing for the normal populace will continue to be incurred without reason.
It is not your job to limit my personal private choices. It is not your job to limit my freedom. It is not your job to try and prevent my possible failure. I have the right to choose and make my own choices or mistakes. Government is not all knowing and you are not my Savior. Life is about choices. Stop trying to regulate mine.
Comments:leveraged ETFs are investments through legitimate brokers and are described in exquisite detail in their literature. Warnings pop up whenever trying to execute a trade. That should be enough for any investor to be informed completely. Any more is an example of government getting into what should be my private affaires. Please leave the leveraged products alone. Thank You
I am fully capable of determining my own level of risk with investing and frankly find it insulting that the government would presume to limit my choices.
Instead of telling members of the public what they can do with their own money, perhaps spend more time reviewing what elected officials do with their money when combined with private information.
I am contacting you to express my opposition to the proposals in Regulatory Notice 22-08. I see no justification for FINRA to restrict public access to any publicly traded financial products, including leveraged EFTs. These securities provide an efficient and economic vehicle for small investors to hedge portfolio risk, a strategy that has now become critical in the aftermath of more than a
There should be zero limitations on investment. FINRA should roll back the draconian private company investment rules and leave the public markets alone. Inevitably these regulations will discourage investment. Options are not always a gambling vehicle, they are used as a hedge by investors and you know this. Specifying an income or net worth is asinine. Leave the markets alone. Every person
The government including any person working for said government needs to stay out of our private or public trading decisions. Overstepping by making a test for low IQ people is not how you make people feel like they matter. I am the only one that can decide what I want to invest in.
Stop trying to control every person in the US.
