These financial insteuments are vitally important for an informed and sophisticated investor to use for the retail investor. Perhaps vetting new investors is a better option. For any investor with years of experience, these leveraged instruments are vital and must be kept.
As an independent investor, I find this potential regulation to be insulting and diminishing. Americans have a right to invest in securities and other financial products as they deem fit. Please do not take this harmful action against our freedoms.
For individuals who are currently registered reps or employed with a firm, you should work with your firm’s compliance department to make sure that you are properly registered, provide your firm with timely updates to your record and understand your obligations as a Registered Rep.
While your firm manages most of your information, you can use the Financial Professional Gateway (FinPro) system to
This seems like it could easily lead to a situation where the only people who can open a self-directed account to trade in options or complex products are rich, white, financial professionals. The rich get richer.
I am big on investing in leveraged funds and it has worked great towards achieving my financial goals over the past few years. I strongly insist that leverage and inverse funds be fully open to all public
Hello FINRA,
Having access to leveraged ETFs is one way for normal retail investors to be able to get faster financial growth. Introducing too many restrictions on it will deny us those opportunities.
Thanks,
Nithy
I have used leveraged and inverse leveraged funds for many years with great success. I am a retired engineer and it would be a severe hindrance to my financial progress if my use of these type funds were restricted or eliminated.
Iam truly opposed by these proposed limitations and ridiculous tests/qualifications.
It is my free right to invest in any funds that I can obtain and afford.
FiNRA.....
Do away with this proposal.. Represent and promote financial freedom. Thank you!!!
It would be preposterous to restrict purchase of securities that permit me to hedge my risk.
Not sure why regulators would consider themselves as more concerned about my financial well being than I am myself.
Please leave the leveraged and inverse funds as they are. I am presently retired and they are an important part of my investment strategy. If they were no longer available to me it would cause great financial harm to me and my family.
Thanks
