I oppose any restrictions to my right to invest as I see fit. Investments must remain available to all. The thought of imposing a screening process on individuals to limit investment access sounds like something you would hear in mainland China. I am well aware of the risks and limitations of leveraged and inverse funds as well as any investment I may choose. I do not want regulators oversight. I
Respected Sir/Mam, We appreciate rule making in the interest of consumers. But it is very important, we consumers be given the option to decide which funds are suitable for our risk appetite. We need the option to diversify and be able to invest in the ever growing Crypto ecosystem. Please do not impose any restrictions on us or our ability to invest in Crypto funds like BTCFX or BITO. It is an
As a former investment representative for Edward Jones I feel that I, not regulators, should be able to choose what public investments are right for me. I should not have to go through any special process, like passing a test, before I may invest in public securities, including cryptocurrency funds such as BITO. I am capable of understanding cryptocurrency funds such as BITO and their risks. I
Leveraged ETFs and options have a legitimate place in many retail investor portfolios and can even reduce an investors risk when used appropriately. Excluding everyday investors is an unnecessary rule - if the intent is to protect investors, there are lower hanging fruit that are riskier - crypto exchanges, Las Vegas, Tesla stock, and buying a house in Austin TX all come to mind. Life is risky -
Comments: As an individual investor who understands the use of leveraged and inverse funds in my portfolio, I find it appalling that FINRA would swoop in to "save us". The risks are ours to take and adjusting government regulations is not needed. If we make an investment of any kind it is our sole responsibility to recognize how it fits into our holdings. Please do not put restrictions
I am an individual investor managing my own savings. The leveraged inverse volatility fund is critical for my market volatility and risk management to reach my investment goal of stable long term returns. The leveraged inverse volatility fund smooths out market swings, which is the whole point of stable returns. Other leveraged funds are very useful as well. Don't ban these crucial vehicles
I shouldn't have to go through any special process like passing a test before I 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 need these measures imposed on me Leveraged and inverse funds are important to my investment strategies. Leverage and inverse funds, help me protect (hedge) my
I am writing to request you refrain from placing more regulations on the trading community with regards to inverse instruments. Information is readily available and has been sent by my trading house regarding the risks associated with these instruments. Such instruments are an important part of trading and provide hedging tools for portfolio management. We do not need more government intervention
Please do not restrict my ability to purchase leveraged or inverse funds. I trade leveraged funds every day and also purchase inverse funds to protect my long term investments during bear markets. Any additional restrictions on leveraged or inverse funds will limit my ability to invest and protect my portfolio! My broker already required me to certify that I understand the risks. Additional
Leverage and inverse funds are a low cost way to increase the diversification and/or offset risk at a low cost. I wish you people would leave things alone. People that are ignorant and untrained will still find their way to do stupid things no matter how you try to protect them. If you promote real education on these matters in connection with existing channels that would be more productive. Just
