Enough is enough!!!! Leave us alone! Quit trying to insert YOUR "opinions" upon us and let us take care of OUR finances! Feel free to worry about YOUR own financial situation! Good grief! This [REDACTED] is getting totally out of control! Shame on you all!!!
I am financially literate after being a mortgage backed security credit analyst for 35 Years. Who are you to direct my investment choices and trading abilities? And I only use levered funds when no unlevered option is available such as YCS. YOU KNOW NOTHING! STOP IT! STOP IT! STOP IT!
I've been trading leveraged and inverse funds for a couple years now and they are critically important for my trading plan. I realize the risks and fully own them, but they are absolutely necessary for my future plans. I believe as a free American citizen it should be by right to make such financial decisions for myself and not regulators.
I adamantly oppose any regulations that would restrict or prevent my right to invest my money how I see fit. It is my responsibility to choose investments, which may include some public investments, as a part of my overall portfolio, and those that would best suit my financial goals.
Once again the freedoms afford by this great nation is being stripped away by those who think they have the right to tell me what to do with money I have earned through my efforts. I believe FINRA should leave things as they are, so people can make their own financial decisions.
I have held and trade the leveraged Proshares such as TQQQ and UPRO since 2009. They have been important investment vehicle for me and my family. To restrict my right to trade such ETFs is going to great harm to my financial well being. I urge the regulators not to restrict my right to trade these ETFs.
I wanted to comment regarding the regulations being considered by the Financial Industry Regulatory Authority (FINRA). I have utilized the leveraged funds and I understand how they work. I do not feel that it is necessary to go through any special training or monitoring to trade with these funds. I oppose restrictions regarding my right to invest in public investments.
The leveraged inverse ETFs are the critical portfolio hedging tools in my IRA account. Because IRA account doesn't allow to trade options and futures instruments, the leveraged inverse funds are the only hedging strategy in the down-trend market.
I really need to access these financial products to manage my retirement funds.
The right to free market economics is predicated on the ability to invest one's funds as they see fit. This rule would not only remove that core freedom but devastate the possibility of new market opportunities to be born. Financial freedom is one of the core values of our nation as much as freedom of speech and religion, it should not be interfered with!
Im a hard working, tax paying, middle class American that doesnt want to be limited in my investment options. Its up to me to make that determination for myself & family. It should not be some regulators decision that is most likely detached from the perils of planning for my familys financial future.
