Greetings FINRA Principals,
This message is to implore your body to please NOT pass new, highly-restrictive rules/regulations on leveraged securities. I am a retail, middle-class trader/investor who uses these vehicles very judiciously - fully understanding the time decay factor and that they are not meant to be long-term holdings but instead, utilized for short-term swings only. These ETF
It is not the government's role to determine an individual's ability to understand their own finances. Therefore I oppose this notice quite directly. Information about "complex" and inverse financial products is freely available online, and any able minded adult is able to find this information easily. Just because an individual may not fully understand a
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3100.
As Senior Vice President, Corporate Communications, Dana Grosser oversees all of FINRA’s internal and external communications functions, including media relations, digital and multimedia communications, and creative services.
Before joining FINRA in June 2021, Ms. Grosser served as Head of Corporate Public Relations and U.S. Crisis Communications Strategy at Vanguard.
Prior to joining Vanguard
FINRA Requests Comment on the Effectiveness and Efficiency of its Communications With the Public Rules
Another invasion of Americans personal freedom. Leveraged and inverse funds are publicly traded and have been approved
for the public to trade. I understand the risks and have an understanding of these entities. There is no need to impose any kind of regulations or added requirements to any tools I use in my investment strategies.
How about the Financial Industry Regulatory Authority employees
Dear Mr./Mrs.,
It would be a grave mistake to limit leveraged funds to only a select few. Such practice would simply push individuals to trade on margin in a more risky/less controlled manner. By only allowing leveraged funds for professional traders or wealthy individuals you take financial tools out of the hands of the common person. This will make it even more difficult to provide
I have 10 years of experience as a Financial Advisor and 5 years as a CFP. I have the knowledge and experience to select my own investments and I dont want to be directed by a regulator who doesnt know me. Leverage and inverse funds are very important to me to hedge other investments from adverse market moves. Leave it up to the individual broker and the investment firm to help the client what
Many, many people buy and sell many forms of stocks. For both monthly income, and long term investments.
Further regulating how we can invest will add a financial strain to an already unstable economy. Not to mention raise the number of unemployed.
Government agencies should not have any authority over how we invest our money. Especially with a poor track record of properly managing anything.
I have a strong understanding of Leveraged and Inverse ETFs: Three keys to ongoing successful use: Short term trades only Position appropriately sized. Continuous monitoring of position. My contention is we do not need additional government regulation / guidance as it relates to these products. I do not have any financial interest other than being able to use these products as I consider
