I am an experienced trader who was a series 7 rep on Wall St. I understand leveraged funds and am completely comfortable trading them. They are important to my overall investment strategy, and it would be harmful to me financially if I were not allowed to trade them. Please do not place any restrictions on them.
I am opposed to FINRAs proposal that would limit my freedom to invest in public securities of my choosing. FINRAs proposal on complex products is arbitrary, unworkable, assumes I am not capable of making my own investment decisions. Dont restrict my ability to achieve long-term financial security.
Now more than ever people are expected to manage their own finances and financial planning. Taking away any free market options is ludicrous. Anyone can research leveraged and inverse funds and choose whether or not to take the risk of investing in them. Do not impose restrictions on the free market.
I oppose restrictions on my ability to invest in leveraged and inverse funds. I'm an adult with an ability to think and understand both potential risks and rewards. A person's understanding is not correlated with his net worth. Continue to allow me the benefit to make money with a variety of financial instruments in a variety of market dynamics.
I am retired and rely on my investments to provide income. I swing trade the market when it reaches extremes of bullishness or pessimism. By using leveraged and inverse ETF's I make money without risking my entire portfolio.. These products are not complex for someone who has no financial training but follows the market.
Instead of focusing control of smaller investors why not focus on manipulation of the market and securities by the larger financial groups practicing Short Selling. That faction ruins a "fair" market for all and is apparently legal theft and manipulation. I thought the point of "fair and equal" market rules and regulations was to prevent theft and
Please do not take away tools from small, individual investors. There are too many ways the big guys have to beat small investors with their unfair rules. The markets are rigged to their advantage. I NEED to use inverse and leveraged funds to avoid financial disaster in my retirement account.
I work hard for every cent I have. When I am lucky to have some to invest, I want to invest my way and don't want more regulation. I have lost my financial stability because of Democratic leadership. Under Trump it was coming back. Biden and Congress are killing me!
UPRO is an important element of my family's financial future. I have held UPRO for eight years and have achieved a 28.5% CAGR. I understand market volatility. UPRO is less than 10% of my holding. Please do not alter the laws effecting UPRO. John Mellott [REDACTED] I un
A free market implies free trading with all available instruments. The limitations are a financial dictatorship. I will not trust a market that changes its rules every now and then in favor of some special interests and government convenience. You better focus on making the same rules for everyone and NOT make select categories with "special" rules
