Please do not restrict the ability to purchase "complex" securities to wealthy individuals. That is essentially restricting our freedom to influence and gain exposure to the public markets. I believe that a statement outlining potential risks before purchasing would be a good idea for any investment so that people know what they are buying, but they should still be allowed to
All, I am opposed to FINRA Rule #22-08 Please do not do this. We need the freedom to make our own investing choices. We should not be restricted or limited to what the big banks and regulators deem to there advantage. I like most investors, are knowledgeable and understand the risks involved. We need the freedom to compete in this market.
Don't impose restrictions on how I choose to invest. And do not require me to take some kind of exam to prove that I'm worthy to invest in inverse and leveraged securities. I choose to invest in these instruments as part of my risk management. I DO NOT want the government telling me that they know best. STAY OUT OF MY INVESTMENT LIFE!
We as investors should be able to choose our investments as we see fit. If there are excessive risks they should be noted but let the buyer beware! I prefer to hedge ( especially within IRA's) with leveraged ETF's as options are often not allowed within IRA's. The ability to hedge should not be only for the privileged. Thank you for considering our input!
Please don't do this. Having access to these etfs protected my retirement during the latest market sell off. If they weren't available then I would have lost at least 15% of my retirement savings. The risks of these etfs can be moderated by keeping a small position size. Anyone with common sense should know this. Thank you.
I have been investing in leveraged funds for over 10 years and I am aware of the risks. Leveraged funds help my portfolio perform better with higher returns. I do not need any classes or tests or certificates to trade these funds. If you do then you should make every single investor in the market do the same.
Please do not remove my ability, as a small investor, to trade leveraged ETFs. I have used such positions many times over the years to hedge against specific risks and without these, I would have had no way to do it, either out of a lack of access or because it would have been too expensive or too complex.
The additional rules proposed by FINRA does not protect the public as whole, rather only protects a small few that wants additional control on the free market. We are currently able to trade knowing the risks and rewards - the people do not need high net worth, special classes / tests, or additional government regulations imposed on us.
Dear FINRA, I oppose any attempt on your part to limit restrict or eliminate my ability to invest in inverse or reverse or leveraged ETFs. I use these instruments to hedge my portfolio position from time to time. I have already acknowledged with Fidelity, my broker, that I understand the risks inherent with these instruments, that is enough. Craig Watel
I am a Registered Nurse with no formal financial/stock education. I however can do my own due diligence when it comes to what stocks I decide to buy and invest in. The inverse/leveraged ETFs allow me to easily diversify and lower my overall risks. STAY OUT OF MY ACCOUNTS AND FOCUSE YOUR TIME ON SOMETHING USEFUL!
