Mr. Chairman, there is no doubt financial fraud aimed at older Americans is real. Results from a recent FINRA survey confirm this disturbing fact.
I oppose any restrictions that will block my right to invest in public investments. I believe I am capable of making financial decisions that are right for me. If I feel I need additional advice to support my decisions, I will not hesitate to seek that advice.
I have used leveraged ETF's and their associated options for nearly 15 years to improve the life of myself and my family. Please do not limit my use of these products to achieve financial goals - my family is depending on them.
I oppose this proposed rule change. It restricts the freedom of retail investors to advance their finances while allowing high net worth individuals to take advantage of more leverage. Everyone should have the same financial tools available.
I dont even understand the logic in this proposed limitation. I often use inverse funds to hedge (protect my investment savings. Do not take away this financial tool to protect me in volatile times. I feel strongly about this.
Thanks to my knowledge acquired in many years of study and work, I can take charge of investing in any financial asset and I take responsibility for it. USA always represents the possibility of investing with freedom and that is its added value in the world.
Please do not move to over regulate my financial investment options. Limiting the investing tools available to every day investors further creates a divide between those with capital and those without it. Dont make it worse!
I oppose this as I believe I alone should be able to choose the public investment that is right for my myself and my family. I understand leverage and inverse funds and the risks associated because I am capable of making my own financial choices.
Investing should not be a privilege, nor should the government serve as gatekeepers to the investing world. Investing is the only way to secure future wealth and financial security. Anyone should be able to invest, regardless of education, net worth, etc.
The inclusion of a diverse range of investment options (including leveraged and inverse funds, etc.), is the exact proof that the financial market in the U.S. is a leader in the developed world, with a fully developed market that suits the needs of all different types of investors.
