This proposal is atrocious. This is a move to stop people from being financially free. Its disgusting and you all have no idea what youre doing.
I have worked in the financial services industry for over 20 years and do not feel these investment funds are too complex or should be limited in any way.
Please do not restrict the options I have for investment purposes. I am able to manage the positions and companies provide instructions on how to use the financial tools.
Please stay out of it! Ticker SSO has changed my financial life for the better (from a six figure to a seven figure net worth.)
Please do not restrict my ability to invest in leveraged or inverse funds. These are very important to my investment strategy and long term financial stability.
I oppose restrictions to my right to invest in stock market which would limit my ability of investment in stock and long term financial perspectives.
The little guy should be able to play the same game big financial institutions play. Don't make equality worse, level the playing field.
I value disclosure and transparency, but do not feel that I should be restricted from investments based on the governments assessment of my capability to understand financial products.
I support increasing regulatory scrutiny of complex investment interests to prevent powerful financial interests from using them to scam ordinary investors.
I understand the concerns SEC has (https://www.sec.gov/investor/pubs/leveragedetfs-alert.htm), but I am not confused by these issues and I don't want restrictions preventing me from using these financial instruments.
