My broker notified me re: a proposal that would force me to qualify to trade a public security focused on cryptocurrency. I oppose any type of qualification to trade these securities. I understand
cryptocurrency funds, such as BITO, and their risks, and i limit my total investment in such securities to about 1-2% of my portfolio. I know how to be cautious, and do not need government regulation
As a recently retired investment professional, I believe clients (including myself) have the right to freely select investments, (no matter how complex) and not be subject to the restrictions of FINRA's potential regulations. It is the financial professional's responsibility and within the compliance guidelines of their associated clearing/ brokerage firm to make sure the
My husband and I invest casually in video games, automotive, and TQQQ. I feel everyone should have access to public investments. To invest in any stock or fund involves some risk. That is the nature of it. My family should have the same access to investments that we have always had. If we were restricted from trading TQQQ, wouldnt that take the free out of free market?
Dear Finra,
I strongly encourage you to continue allowing retail and retirement investors like myself to continue investing in levered and complex products. These products are great investment tools for people like myself who choose to perform careful and thoughtful research while understanding the risks that come with them. It would be government overreach to restrict individuals from making
Leverage ETFs and Inverse investments have been a component of my investment strategy for years. Regulatory scrutiny should be focused on accurate reporting rather than limiting certain types of investments. Security valuations have always been driven by reasoned expectations of future cash flows. Let the investor take the risks he or she chooses including market hedging devises as mentioned
Why are regulatory busybodies thinking that I am 3 years old and need to be "protected" from myself?
I'm a grown man and can make my own decisions. I strongly resent any attempt to deprive me of this right.
My trading plan uses leveraged ETFs as a part of reducing the volatility and risk of my entire portfolio.
I insist that no changes be made to rules/regulations
I use inverse funds to hedge gains in other investments. I understand leveraged and inverse funds and know the risks involved. My portfolio is up 8% already this year, whereas the S&P is down ~14% since the beginning of 2022.
I oppose any restrictions or limitations on my right to invest in publicly available investments. I don't need to pass any test to be able to invest
I am writing due to possible restrictions on buying inverse funds. I feel it is everyone's right to invest in any public funds and they should not be limited to a few. Any investing has a certain amount of risk and there should not be certain funds that require additional training or a set amount of personal assets. I use inverse funds as part of my portfolio to hedge against the
To whom it may concern.
Leveraged ETFs have been an important part of my investing strategy for years. I am aware of the risks and the benefits to my overall investment goals. I have used them to consistently outperform professional mangers.
It is unfair that you would take the public's right to participate in the market and restrict it to the privileged. Please let us continue to
As an adult who is competent enough to open a brokerage account and make trades, I should have the freedom to make any investment that meets the risk tolerance I deem acceptable. You, the regulators, don't understand my position or needs as an investor and as such are not qualified to direct me how to invest my money. Stop wasting my time and tax dollars by trying to restrict my
