As an American citizen I should have the right to invest in any products anyone else can invest in regardless of my financial status and regardless of my educational background. Quit trying to squash the little guy. Stop all these regulations and remove many of the regulations that prevent people from investing the way they want to.
I oppose any effort to restrict my ability to invest in leveraged or inverse funds. There are already too many regulations restricting the ability of individual investors to fully participate in our economy. The opportunity for financial success should not be limited to the wealthy. FINRA should protect us all from fraud but NOT from reasonable risks.
A person who would like to invest money they have earned should be able to invest in any way they see fit, without the need to take special tests or courses, or have additional imposed restrictions based on net worth or any other financial regulation that limits how or where they choose to invest their money.
I've successfully used leveraged and inverse funds for several years, and have been able to more quickly rebuild my retirement account as a result of the economic damage incurred during the last financial crisis.
I strongly support these investment tools that believe they should continue to be available to everyone without restrictive policies and exclusions.
I actually agree with the proposal as I understand it. If the .com meltdown and especially '08 meltdowns have taught us anything, it's that it is not a level playing field when it comes to knowledge of financial markets and people need to be, if not protected from themselves, then at least given a 'reality check' concerning their suitability to be investing in
Complex financial products(Leveraged and inverse funds) are well explained in disclosures and everyone is well aware of the risks involved before investing in them. You should not have to be an accredited investor or go through special processes to have access to these types or investment options. We do not need additional rules and regulations on these types or products.
Investors not regulators should be able to choose the public investments that are right for our financial goals. Public investments should be available to all of the public, not just the privileged. Leveraged and Inverse funds are an important part of the choices available to investors as we manage our portfolios, and there should be no restrictions on them. Thank you, Glenn Hofmann
I wholeheartedly disagree with this restriction. It make very little sense to oppose the general public's ability to invest and make money the same way the major bank do, out of an poorly conceived intentions to of "helping" the general public, while been in facts enemies of progress to the advantage of major financial institutions and the detriments of the "
Public investments should be available to all of the public, not just the privileged. While this may be thought to protect the small investor, it just puts more baricades in place. The area of protection that the public needs is from big banks doing risky, convoluted investing and trading, causing market crashes, like the 2008 financial crisis.
I oppose these proposed regulations because I already have full access to information about the risks of inverse and leveraged funds and further federal gatekeeping is not needed or welcome. Especially in markets that reflect the heavy hand of the Federal Reserve investors ought not be barred from protecting their own financial interests with a full range of investment tools.
