Dear FINRA,
My Broker, Fidelity Investments, already imposes stringent rules regarding who can invest in leveraged ETF investment products and makes me read and acknowledge the risks inherent in said investments. There is no need for further government oversight. Qualified investors should be allowed to invest in these products should they choose to do so.
I am writing as a self managed investor in several of the Proshares leveraged funds. I have invested in these funds for more than 3 years. I visit the Proshares website, read the prospectuses and past fund performance, the degree of leverage being offered and the risks involved. The information provided is comprehensive. I am hereby advocating to keep investments in Proshares leveraged funds
Please don't limit our ability to choose what we would like to invest in, whether it's an inverse fund or exponential or both. I shouldn't have to go through a special process or test. I get warning already when I purchase or sell leveraged ETFs so I'm quite aware of the risks associated with the investment strategies. Thanks.
Restricting investments for individuals in any publicly traded security or fund/ETF should be forbidden. Who are the regulators that seem to think that they get to play "God" with my money. Exchange traded funds/ETF's, stocks all go thru rigorous disclosure requirements and clearly indicate there is "risk" of loss when investing. This is clearly
I oppose any restrictions to my right to invest in public investments. It is up to the individual investor what risks they are willing to take. Regulators have no business telling me what is good for me.
I am an individual investor that has used leveraged and inverse funds for decades, all chosen by myself. I do not need to be "vetted", particularly by a government
As an individual investor, I understand the risk of investing in leveraged and inverse funds. As long as such investment suits my purpose, I have the right to choose the funds I want. It would be unfair if such investment is available to just the privileged and I have to go through any additional processes to invest in such securities. Therefore, I oppose the regulations being considered by the
Every investor shouldn't have to go through any special process before you can invest in public securities like leveraged and inverse funds. As an investor, we are capable of understanding leveraged and inverse funds and their associated risks. Regulators do not need to impose additional measure on the investing public and should not be available to just the privileged.
If it's money that I earned, then I should have the right to invest freely as I choose. I am responsible for the money my family has and we invest according to the amount of risk we can accept. Why don't "regulators" employ a rigorous process for the people that took out 1.7 trillion dollars in student loans and are now requesting cancellation.
To FINRA regulators,
It is unimaginable and blatant discrimination that you would even consider which stocks or etf's a person may or may not trade. I am fully aware of the risk associated with trading leveraged and inverse funds and they are an important portfolio tool. You need to either ban leveraged and inverse funds completely for EVERYONE or leave things as they are.
Respectfully
Hello, I believe everyone should be able to choose the public investments that are right for them and their family. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to my investment strategies. I use them for hedging, as well as investing at times of downturn, like today. I am perfectly capable of understanding their
