Every man and woman needs to be responsible for their own choices. It's up to them weather they want to take risk or not. The government can't even keep social security solvent for the next 50 years or balance a budget, they have no business telling us how to manage our finances. maybe if there was some financial risk management and retirement investing taught in school this
An investor for 40 years, and a retired CPA, I trade inverse and leveraged securities daily. They are a key part of my investment strategy. It's not government's job to prevent people from using well-designed and regulated products. However, each broker of such instruments must be required to explain, person to person live, the benefits and possible losses that can accrue to investors,
It is critical that all investors and not select few institutional traders or prescreened individuals have access to all instruments helping us protect our portfolio and retirement funds. Leveraged and inverse funds offer critical ability to reduce our portfolio beta in the times of volatility and control broad risk exposure without complex instruments like options or betting on individual
Setting goals help us meet life’s major objectives, from staying healthy to retiring with a well-feathered nest egg. Investment goals provide structure and purpose to the money we allocate to investment products, such as stocks, bonds and funds.
I have been investing for over ten years. I believe leveraged ETFs have a place in my portfolio and don't believe the government has the right to tell me where I can invest to supplement my retirement income. Keeping interest rates at an unbelievable low rate for so many years has caused most of us to look for yield where ever we can find it.
I am an educated investor with the ability to research and understand "complex" investment vehicles such as leveraged and inverse funds. I do not need to take additional tests, or have a minimum portfolio to purchase these public investments. Over the years, leveraged funds have substantially increased my performance and will allow me and my family to have a more secure
As a recently retired investment professional, I believe clients (including myself) have the right to freely select investments, (no matter how complex) and not be subject to the restrictions of FINRA's potential regulations. It is the financial professional's responsibility and within the compliance guidelines of their associated clearing/ brokerage firm to make sure the
I manage my brokerage and retirement accounts. I make all my own investment decisions and execute all trades. Leveraged and inverse ETFs and ETNs are an important part of my investment strategy. I am 70 and have used these kinds of products for over 10 years. I know the risks and rewards of this type of product and I strongly believe no regulator should be trying to restrict my access to these
Dear Finra,
I strongly encourage you to continue allowing retail and retirement investors like myself to continue investing in levered and complex products. These products are great investment tools for people like myself who choose to perform careful and thoughtful research while understanding the risks that come with them. It would be government overreach to restrict individuals from making
To whom it may concern,
Ive been retired for 5 years. Ive also been trading leveraged funds for more than 20 years. Theyve become an important part of my financial plan.
Taking away my ability to trade these funds makes no sense in a free market country like ours.
I cant emphasize enough about how strongly I feel about this freedom.
