I do not agree with FINRAs proposed limits that may restrict my access to Leveraged ETFs or disqualify me from trading L&I ETFs or other complex products. I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. My broker provides me a description of the
I would truly resent my rights to trade using any vehicle I choose that is legal and can be traded by others, professional or retail. It is my responsibility to understand the risks of whatever I trade and do not need a big brother looking after me. If I loose $$ because I do not understand something, that is part of my tuition of education. I am a grown up and responsible for myself. Please, no
I agree that there need to be guardrails in place to protect inexperienced investors from using leveraged and inverse funds as high risk gambles that could blow up their accounts, but I also think that these types of funds add value to the market as well as liquidity. Therefore, I hope that these funds will not be taken away, but simply changed to require some type of training or confirmation of
I strongly urge the FINRA regulators to drop plans to restrict the use of leveraged or inverse funds. I am perfectly able to read the prospectuses and calculate the risks associated with them. There is no need to require any testing to see if investors understand how they work. These funds are very important to my long term investment planning and help me to protect my capital during periods
We, not regulators, should be able to choose the public
investments that are right for us and our families. Public investments should be available to all of the public, not just the privileged.
I should not be forced to go through any special process in order to invest in public securities, like leveraged and inverse funds. I am quite capable of understanding leveraged and inverse funds and their
These comments are in regard to FINRA's Regulatory Notice 22-08 request for comments.
I am a non-professional, active investor who monitors and manages my personal portfolio every day. As such, it is important to allow active investors like myself to make their own determination of what products to use at what time to achieve their financial goals. Individual investors, not regulatory
It is my belief that any individual should retain the right to make investments as he/she sees fit without the imposition of restrictions if they deem a particular investment to be in their best interest. With particular regard towards leveraged and inverse funds, such an investment helps to create a balanced investment strategy that allows for individuals to hedge their investments. Ample
I oppose restrictions on my right to invest. All investments carry both risk and reward. A healthy market has abundance of both, best left to each individual investor to analyze, not gate-kept by an overseer. I don't want my market investments funneled through and likely excluded by regulators. I use leveraged funds to hedge my investments and should not have to pass a wealth-hurdle to do so
Telling investors what is too high risk for them is like telling them they cannot buy anything unless their government ok's it. Every purchase carries risk.....not just certain items traded in the trading system. Just who, has the genius to make those decisions? I've been searching for him/her for 70 years. Still stumbling along by myself, making a good living at it.
This is outrageous! I appreciate the service Titan offers me as I don't have time to research the market daily to analyze my associated costs and risks. Titan's portfolio allows me to spend my time doing what I like and what I'm good at, much like the hedge fund managers for the wealthy 1% that allow them to spend their valuable time on other activities besides market research.
