I want to express my public comment that I am not in agreement with proposed FINRA regulations to restrict my right to acquire leveraged and inverse funds.
I understand how these funds work and am well aware of the he risks associated with investments in these funds. While I have experienced losses in these kinds of investments, they have provided me with investing options that have helped me
I strongly oppose the proposed rule changes that would restrict or even block access of certain investments including leveraged and inversed funds.
The decision of choosing investment vehicles can only be made by individual investors, not a small group of regulators. To protect the interest of individual investors, the regulatory should work toward ensuring fairness by enabling equal access to
I am a financial professional. I used to work for market dealer and I was not allowed to trade options. Leveraged ETFs gave me the opportunity to get some leverage and get a piece of the returns reserved only for big players like Hedge funds and Investment banks. I started trading options after I left the broker dealer. I was fully educated and knowledgeable of how to manage risk. Good market
Investors should be the one to decide how their money should be invested, not the regulator. At the same time, we should prevent investors from harming themselves and encourage them to do what is practically optimal.
In my experience of using complex products in my portfolio, I'm 100% confident that nearly all investors will harm themselves using inverse funds and leveraged products
I would like to voice my opposition to restrictions on my right to invest in leveraged and inverse funds. I have learned that FINRA is considering limiting the public's access to leverage and inverse funds. I highly disagree with this. I should be able to choose what investments are right for me without restrictions, limitations, or extra requirements. These types of investments
Im strongly against restrictions on my right to invest in public investments. Ive invested an appropriate portion of my portfolio in leveraged and inverse funds to enhance my returns and to hedge, when necessary, for decades and its worked well for me. Ive known the potential risks and rewards from day one from any and all investments I invest in. I enjoy reading prospectus and thats what theyre
To Whom It May Concern:
Please find my official comment to FINRA Regulatory Notice #22-08. I oppose the contemplated restrictions for the following reasons (among other things):
1. Financial instruments available to retail investors (like myself) have to go through a rigorous disclosure/registration process before becoming available generally for investment. It thus seems unnecessary to impose
Rather than limiting access to these products, perhaps increase education on them. Leveraged products are not discussed in any academic curriculum on neither a high school level nor university level. Word of mouth is the most common way for people to discover leveraged products. When I was first entering the markets at the ripe age of 15, one of the first investments I was told about was DWTI -
FINRA would like to remind member firms of their obligation to file their appropriate short interest reports by their due dates.
Do not restrict my ability to choose the public investments that I decide to buy/sell. I have been investing for over 30 years and am completely capable of making my own choices without the help of a registered broker. I use both leveraged and inverse funds when I deem them advantageous to my investing plan. I know how to place stops, sell, etc when I do not want them in my portfolio. I have the
