People have the right to take risks on investments they choose to willingly participate. This is a tremendous overreach of freedom to do with one's money as they please. By this proposed rule's logic by FINRA, no one should be allowed to gamble without an approval process and testing (as well as cooling-off period) on how the gamble-based game they are about to play works and
Please do not impose additional regulations regarding leveraged and inverse ETFs. They are a valuable tool to add to an investor's portfolio to hedge market risks.
There are plenty of materials available for potential investors to read prior to buying a leveraged/inverse ETF. The investor should be responsible for reading those materials, not relying on the government to hold their
Do not limit investors ability to invest in leveraged and inverse funds. These are a tool just like any other tool. Investors know their risk and reward and chose to buy or not. If you know what is best for investors than you should quit your job and trade for your living since you know better than everyone else.
Why do regulators think US citizens are incapable of making their own informed decisions? We should not limit the ability of people to decide how to invest their own money whether it is leveraged funds or any other funds for that matter. We already have access to the prospectuses and can determine what is appropriate for our risk appetite.
In the current environment of overvalued stocks and bonds across the board, the winning strategy is short everything. You want to take that away, right now, at the top of this massive bubble?
Regulators, the Government, and the FED got us in this mess. Now, the only good option is going short. I understand the risks. And I want you people to stay out of my way.
Please DO NOT limit my right to choose public investments that include leveraged or inverse funds. I am fully capable of understanding, and do understand, the risks of these investments.
You are not in a position to decide what is best for me nor to direct my investment philosophy. DO NOT move forward on this regulation. Allow people to make their own decisions!
The decision for an individual to invest in any stock, bond, commodity or derivative future never be restricted by a subjective analysis of an individual's understanding of that particular investment instrument. Risk in investment is a specifically individual decision to made by an investor.
If an investment instrument is so complex as to need restriction to only the high income or
most every success story I've ever heard about investing involves somebody picking the stock of a company who's work they want to be part of. No special knowledge, t tricks, equipment or strategy. And, the stern warnings of risk are sufficient and usually heeded. What are you going to test people on, addition and subtraction? No testing is valid in my opinion.
I don't believe the regulator body's purpose is to decide in what I should invest. You should have broad standards that investment vehicles should meet but that is about where it ends. Leveraged instruments have unique risks but I use them with respect. You cannot protect every stupid mistake people can make and still have freedom.
I understand the risks associated with investing after more than forty years of managing my own investments. Having inverse and leveraged options is an important element of my investment strategy, especially after 1987, 2001, 2007, and 2020. Is there more to this diabolical plan to restrict my options? Please bear in mind you are elected officials.
