I made the choice to invest in leverage ETFs like TQQQ. I fully understand the risk of this type of investment and would like to till have the choice to invest in it for years. Investing in this type of security is in my investment strategy for the long term and would not like for this ability to be removed or have to prove that I am serious about investing in TQQQ. I understand why the
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, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their
Its interesting to see how FINRA favors "big money", who causes most of the chaos and wide market swings, over those of whom are considered the (retail investor). Every prospectus lists the risks associated with the particular stock or fund, stating "Investor beware", yet FINRA considers margin and option trading less riskier. Regulators tend to pick the
This country was built in taking risks, and learning from them. If people are stopped from investing in certain securities, sure they may be saved from one bad trade. But that knowledge is incredibly valuable, and the money they can make with that knowledge is worth the sting.
I invested in triple index securities when I was 18, working a factory job. It was Christmas when there was that pretty
I strongly oppose setting up special regulations in regards to individuals trading in leveraged and inverse ETFs. They can be an important part of any active investor's portfolio!
As an example, I have a small portion of my net worth invested in inverse ETFs right now. That investment has helped my overall investment account handily beat the overall market so far this year. Am I
It is important that the pending increased regulation of "complex products" is not passed or put into place by FINRA.
Products deemed as such as used by investors such as myself after careful study, constitute a very small portion of my or my family office's net worth/liquidity, but present a vital tool in risk managment and/or achieving more beta in certain investing
To the FINRA board, I strongly believe that I should have the right to choose in what I get to invest in. Publicly traded companies should not be regulated or restricted to the American public. It's not fair that giant corporations or the supremely wealthy have more flexibility and power to play this game, where the common American has to try and get by in this world and one way to do
Being able to trade leveraged or inverse funds like ProShares has enable my family to stay afloat during these turbulent last couple years. Regulating that away from public traders will have a wildly negative impact on the everyday trader. Balancing between funds like TQQQ & SQQQ have helped to keep my portfolio protected from so many economic impacts even through COVID and the
Hello,
My name is Steve Floor, I have been Investing and trading for 30 years, my how time fly's. I have always been able to choose
public investments that I feel are correct for me. I do not wish that option to change, no special process no more regulation
no special tests or show of means. I use leveraged funds to balance my portfolios knowing the inherent risk and reward. Please do
I oppose restrictions on my right to invest in any public investments I choose and feel it is very unfair to hold these funds back for just the privileged. I am capable of understanding the risks involved by investing in leveraged and inverse funds and do not need to pass a test before investing. Trading the inverse funds in recent months has enhanced my returns a great deal with so much