Please do not restrict my freedom to invest in products that I see as integral to my financial future. I use leveraged products to supplement my investing strategy.
Financial Industry Regulatory Authority, Inc. is filing with the Securities and Exchange Commission a proposed rule change to repeal NASD Rule 1130 and incorporated NYSE Rules 405A, 440F, 440G and 477 as part of the process of developing the consolidated FINRA rulebook.
Leveraged funds are an important part of my overall investment strategy. Restricting my access to them would jeopardize me and my families financially future
I am more then competent to make my own financial decisions. If I have read and understand the pitfalls of investing, I am them capable to invest in whatever I choose.
This deprives retail investors of the right to trade freely, giving institutions or the rich a greater overwhelming advantage and more financial instruments; and will have a great impact on liquidity.
I am capable of determining my risk and making my own financial decisions. When you contribute to my investments I'll seek your opinions.
I vehemently oppose limitations on my being able to invest in certain financial vehicles, specifically my ability to freely purchase leveraged and inverse funds.
I want to be allowed to make my own financial decisions unrestrained by govt controls. Levereaged and inverse funds are useful and important parts of my investement strategy
Restricting retail traders' access to levered products further tilts the table toward the financially privileged. All players should have access to all products.
My financial decisions are mine and mine alone. Stay out of the business of "protecting" small retail investors, you DON'T know what's best for everyone.