One of the best parts of a free society is the ability to make your own decisions and none more important than financials ones. I have been investing for over 30 years and the ability to do that and to choose my investments has resulted in my financial independence. I am not a trader, I am a long term investor and holder of leveraged funds. I am my own advisor and do my own research and I
Regulators, please stop imposing more restrictions in an attempt to stop a very small minority of irresponsible investors that ruin it for the rest of us. Do place restrictions on leveraged and/or inverse funds. I trade with these investments vehicles on a somewhat regular basis and they are an essential component of my portfolio. Why punish me for the incompetence and laziness of investors
This preposterous regulatory proposal is infuriatingly ill-conceived. It's both insulting to my decades of investing knowledge, and detrimental to my investment strategy. The notion that FINRA will categorically restrict my financial freedoms, especially given my successful use of leveraged investment products for over a decade, smacks of naivete, and a completely wrong-headed
For many years I have been investing in leveraged and inverse funds for many years. Throughout this time I have never considered such funds to be "the way to easy money". I have been cognizant of the risks involved and have been properly informed by my broker (Fidelity Investments) regarding the special characteristics of leveraged and inverse investing. I have never received
Banning retail investors from trading certain instruments is like like throwing an abuse victim in jail to protect them from their abuser. The only reason that this instrument performed so poorly over the last 2 years was the excess liquidity in the markets, and the pump and dump scams often indoctrinated into CNBC viewers. Over the year or so, we’ve witnessed the collapse of Melvin Capital,
Dear FINRA. I am an individual investor writing to ask that you not regulate, restrict, or in any way make more complex the task of investing in leveraged or inverse funds. The markets are a two way street. It is important to be able to manage one's money on both the long and short side. Beware unintended consequences of your decisions. Restricting individual investors from carefully
I should be able to choose what type of investments I want to invest in for me and my family. This should not be restricted by regulations or to whom regulators feel should be allowed to trade. If it's a public investment, it should be open to the public. I have used inverse and leveraged funds to hedge against the huge market crash on 2020. This kept me from losing a significant amount of
I have been investing for 12 years on my own. Throughout this time I have had to deal with various incidents of government officials trying to "protect me" by restricting what I can and can not trade on the markets. Well guess what IT IS NONE OF YOUR BUSINESS WHAT I DO WITH MY MONEY! Restricting complex products is quite frankly not your job. If I want to buy them it is my choice. If I
I protest implementing any proposal to limit my trading in leveraged or inverse ETFs. I feel it is my right to invest my money wherever I feel I might get a positive return, especially during what I perceive as periods of equity or commodity ETF downturns. My only other choice during those periods would be to stay out of investments altogether and only earn inadequate interest rate returns. I do
It can be difficult to recover assets lost to fraud or other scenarios in which an investor has experienced a problem with an investment. But there are legitimate ways to attempt recovery. In most cases you can do so on your own—at little or no cost.
