I have been engaged in the market for over 40 years. I utilize leveraged and inverse funds in a deliberative and judicious manner to balance my portfolio. I find it insulting that the proposed over-reaching regulations posted years after I have made my careful financial plans would severely penalize me in my retirement years.
I agree that investor education is critical and that both high level and detailed materials should be made more available that explain these products in terms that the average investor can understand. I oppose putting hurtles in the way of investors who want to use these products. Restrictions based on net worth or other financial metrics would be especially egregious.
I am upset and disappointed that FINRA is considering the placement of limitations on my investment capabilities. Why would you deny me the ability to choose investments that can help me financially? I believe I should have the right to determine if my investment decisions are too "complex" for me. Please don't discriminate against me as an investor.
I, as an investor and as a financial advisor, should be able to choose the publicly-traded investments that best fit my and my family's needs based on our goals, risk tolerance, and timeline without interference from regulators. It is my responsibility to educate myself on these type of investments before deciding whether or not they are appropriate for my and my family's
If regulators were truly concerned with retail investors well being there would be actual transparency when it comes to dark pools. There would be jail time for breaking the law, not fines that are rolled into the cost of doing business.
Dont worry about me and my money. Go after the financial terrorists that manipulate the stock market daily.
I have invested in leveraged funds for many years. I believe in the importance of freedom and certainly do not want to see my investment choices to become limited. These funds play an important role in the economy, which is currently undergoing various issues around the world. Limiting our investment choices will only cause worse financial issues.
I do not need the government to protect me from myself by imposing limits on my financial freedom. I am an adult American who has been investing for a long time. I know what I am doing. I have a 7000% return over the last 20 years. please take your nanny state and go elsewhere.
Why do you need to remove a risk management tool from the individual investor. I have used both leveraged funds and inverse in my portfolio to augment my other investments and find them very useful.
If you want to "protect and educate" the consumer--develop a core study for high school students on financial literacy.
I do not support these changes. I should not need approval from my bank to make an investment. These rules are ridiculous! I consult with a financial advisor from a well known institution. These investment tools are risky, but I feel they are unique and productive. They are made up of reputable companies. Regulators should be more concerned about crypto. A real pyramid system.
Regulators need to limit their over reach. As I take no support from the government in terms of financial support. I should be left alone to invest when and how I so chose. Only those under governmental subsidies should be regulated and under any investment oversight. My gains should not be of concern nor should my loses.
