This regulation would be used by financial advisors to essentially create a tax on individual investors who want to get exposure to certain financial products directly on their own. Perhaps there should be regulations that explicitly lay out risks of certain investments, but to force individuals to take a test or be licensed to directly buy certain investment products is entirely un American.
I am writing to oppose restrictions to my right to invest in certain securities. These products can be very risky, and all investing has inherent risk, it depends on the person's financial situation and risk appetite. These restrictions are not representative of a free market, capitalism, or America itself. Keeping these complex products around allows investors to understand more pieces
Dear FINRA,
I want to express my dismay at the possibility of regulations and restrictions on certain investments in leveraged and inverse funds. These vehicles are an important option, especially to an individual investor. There are very appropriate uses for these funds and it is up to each and every individual investor to determine when it is appropriate. I have used these funds effectively
I am a retired lawyer with a high IQ. I have been trading leveraged and inverse funds for over ten years. Restrictions based upon net worth and approval of a broker are discriminatory to favor the rich. I have noticed the same thing about margin restrictions. The restrictions are there to favor the rich and powerful. I do not need nor want your oversite in my life. This is basically class
For the past nine years I've successfully used leveraged ETFs to manage our family's portfolios, paying for college for our children, buying cars, and covering other household expenses.
As with all investment products, we as individual investors have the right to choose what vehicles are best for our needs, not some government entity.
Understanding leveraged ETFs is not
I strongly oppose any restriction to invest in leveraged and inverse funds.
Anyone should be FREE to make their own decisions and take their own risk for any investment one deems appropriate for their circumstances.
Leverage and inverse funds are an excellent tool to hedge against stocks and market risk and also to enhance returns in the short run as well as in the long run.
Implementing
Dear FINRA,
I run a systematic quarterly rebalancing plan that is powered by leveraged ETFs. I know what I am doing. The proper use of these leveraged products is a key part of my financial plan.
These funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and I
I strongly oppose losing my rights to trade leveraged or complex funds. Investing should come with a level playing field and net worth should not dictate ones ability to invest.
I understand that large investors may feel threatened by retail investors having access to markets, however, markets endogenously represent consumer demand and consumers should have the right to participate in the markets
The "big guys" have enough power and tools already to influence the actions of the stock market and I believe in many cases individual stocks. It's important that individual investors have the ability to invest, or trade, leveraged investments and inverse funds to achieve their portfolio objectives. These vehicles allow specific sector investing, regardless of the
I'm writing to let you know that I vehemently oppose this regulatory proposal for the following reasons.
1. I use leveraged and inverse ETF's regularly in order to manage and reduce risk in my investment. These ETF's allow me to hedge against market risk, and therefore are a very important part of my portfolio.
2. These public investment securities should be available
