Several Comments on FINRA Notice #22-08: 1) I understand exactly what inverse and leveraged funds are and do not wish to be burdened by any type of special process that delays or restricts my ability to invest in such funds. 2) I can choose for myself what investments are right for me and do not want any regulations that would restrict my choice to do so in any way while potentially letting
FINRA Regulators:
While I understand the concern of heightened risk posed by leveraged securities, I am alarmed at the proposed measures restricting investment into these publicly traded leveraged securities, especially requirements related to net worth, because these types of investments allow the type of returns necessary for lower net worth individuals to attain financial success, and
Dear FINRA,
I feel that there is already too much regulation with respect to what FINRA considers complex investments. In fact, these products allow investors to protect and hedge their investments in market downturns. Moreover, these products allow investors to learn about markets in the least expensive way. For example, the inverted and/or leveraged ETFs cost less and are way more preferred
FINRA correctly recognizes the rise of retail trading of complex products. However, this is characteristic of financial bubbles and euphorias. The problem is the systemic issues that led to this bubble in the first place (irresponsible monetary policy) - not the retail traders themselves
I use non-leveraged inverse ETFs from ProShares to hedge market risk. I have read the prospectus from
Public investments should be exactly that- public. As a non-professional investor should not have to go through special processes to invest in public securities such as leveraged or inverse funds. The market is already stacked against the small investor since we cannot access the 'instant' trades where the professionals make so much of their profits. The proposed regulation
Dear FINRA Regulator,
I am retired and derive much of my income from investments. I prefer to make long term investments but have no desire to make complex individual futures trades myself to protect my long term investments during times of exceptional volatility. I do, however, like to utilize inverse funds and leveraged inverse funds to minimize my downside risk when market volatility gets
I am a retail investor and I invest in what might be considered "complex" products such as volatility ETFs and leveraged ETFs. I could simply trade futures contracts and replicate these strategies, however investing in ETFs that maintain those positions is easier. I am aware of the risks of these funds and investigate their strategies carefully before investing. In many cases,
At a time when the value of a dollar is being diluted daily, removing a key hedge used to preserve wealth and worse, limiting its use to high net worth individuals is unconscionable. Access to such instruments was democratized when they became exchange-traded, though some brokerage firms (e.g., Vanguard) already restrict access to them. I can understand the imposition of requirements on those
As a daily active equity trader, I should be able to choose the public investments that are right for me and my family. I believe public investments should be available to all of the public, not just the privileged.
As long as I can read the disclosures specifically from such investment vehicles, I shouldn't have to go through any special process like passing a test before I can invest
I have already been aware of the disclosures and risks involved with leverage etfs. I have been trading for several years. It is obvious that you people do not work for the American people and instead work for your cronies. Keep making america corrupt is your goal. I can make my own decisions and if I lose money, so be it thats on me. With GME, it is obvious your protection isnt meant to help the
