This is a very serious restriction on the middle class. I should be able to choose my investments that are right for me and my family not regulators. If this is taken away from us then the rich get richer and they become the privileged class. I have been investing for over 10 years and have done my own due diligence. I shouldn't have to pass a test or explain that I am capable of
I oppose any restrictions on my, and my family's right to trade in ways that use leverage or inverse trading vehicles. I have been using these vehicles for the last 50 years without any negative impact. I understand how they work and the risks involved if used improperly. Therefore I do not need these proposed measures imposed on me or my family. Thank you for allowing me to share my
It is not the responsibility of FINRA to limit my access to publicly available investment vehicles. The investments under consideration for restriction have clear, concise, and readily-available prospectuses that explain the risks and further restrictions or tests should not be permitted. Financial and securities restrictions should exist to protect investors from illicit or deceptive practices;
This is another rule that is supposed to be good for the retail investor but is awful for the retail investor. Like the $25,000 limit set to day trading, this is just another tactic to keep the average American unable to even get a chance to get out of the day to day drudgery of paycheck to paycheck. We need to pass a test to trade something we've been trading for years? Cryptocurrency funds
I should be able to invest in whatever I want.
I am using leverage funds to hedge my positions. I am using it as part of my diversified portfolio.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds
and their risks. I do not
Please, do not impose restrictions or limit the options for the general public to invest.
You may have good intention by restricting access to certain type of investments; however, that is part of the risk and due diligence that everyone is willing and entitled to take.
Following this logic, we may end one day also restricting the right to start your very own small business, since many of then
Im writing to voice my objection to restriction on access to purchasing of leveraged ETFs. I am already required by my broker to assert that I am knowledgeable and financially able to accept the risk associated with these investments. Further, the right to decide for myself is part of Americas greatness. I have benefitted greatly from having leveraged ETF as part of my diverse portfolio. There
Who decides what is "complex"? Isn't that a subjective process? What if a regulatory regime likes annuities because they take the investment options and risk away from the citizen, and declares every other investment vehicle "complex"? Regulators should regulate the processes under which investments are offered and sold to the public, not the investment options available
To whom it may concern. I am writing in regards to the proposed restrictions on certain investment vehicles. My position is let the free markets decide which type of investment are marketable and of interest to the investment community. Politicians are not in a good position to make these decisions. There are already many safeguards in place to ensure educated investors are appropriately
I completely OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST in leveraged or inverse products. Public investment should be available to public, not just the privileged. Im capable of understanding and trading inverse and leveraged products..dont need special restrictions on public products not fair. They are very important part of my portfolio in protecting or hedging against market uncertainty or
