Adults should be able to make their own decisions for trading. Leveraged funds have been a part of my trading for years and helps with enhanced returns and growth of my accounts. I understand the risks and the rewards. I am against regulators changing my ability to trade what I want to trade and when I want to trade.
I oppose any restrictions to my right to invest in any public investments. I am educated enough to understand the risk with leverage and inverse funds and I use it as hedge as a limited part of my overall portfolio. I make such decision - and not regulators - to make right investments for myself and my family without any imposed restrictions.
I've been trading TQQQ, a leveraged ETF for years. This fund is very important to me and my family. I fully understand the risks and potentials in trading leverage funds. As an individual investor, I should be able to choose my own investment strategy and don't need any special measurements imposed. Thank you!
Stop trying to put so many hurdles in the way of my investing. It's fine to require a disclosure on the part of the broker and an acknowledgment of risk on my part as an investor, but any more than that is just harassment. I'm going to pass all the qualifications you are proposing. I don't need them "protecting" me.
I have been purchasing leveraged securities for years. I use them as hedges. I realize they are complex investment vehicles. I understand the risk, and have lost money, but I have also made money. These are never primary investments, but regardless, not the governments place from allowing me to invest in what I choose and protect my investments.
No one is forced to buy any investment. Allow some freedom of choice in our society, and the ability to accept risk when we so choose. What difference does it make if I loose 30% in Amazon or 30% in a leveraged ETF? Let the buyer beware, and stop trying to protect everyone from everything.
People have the right to be able to decide how to use their own money and should not be prevented from using leveraged products due to not having a large net worth or other arbitrary restrictions. There are plenty of sources of education available to people can understand the risk they are incurring that the government should stay out of regulating this.
Dear FINRA, I think it should be up to each person not the government to decide what investments are right for me. I understand the risks of leveraged & Inverse funds. So I only invest a small portion of my portfolio in these investments. Please don't take this investment choice away from anyone. Regina Green
To Whom it May Concern:
I am deeply troubled by the notion that the right of investors to access leveraged and/or inverse funds might be affected by new regulations. These funds are extremely important tools that help ordinary investors manage risk intelligently. Please do not make any changes - the current regulations are appropriate and correct.
I believe leveraged ETF's create an important investment tool for individual investors to both hedge their portfolio and create risk weighted and diversified portfolios that would otherwise be restricted only to clients of expensive financial management firms. Please allow leveraged ETF's to continue to democratize access to these important portfolio management tools.