Leveraged and Inverse fund are very important tools. They are not hard to understand. More important, they are necessary tools that enable me to maintain financial security at a cost I deem to be very reasonable. I oppose any restrictions on my right to invest. Full Disclosure; YES. Restrictions; NO. They are unnecessary and seem to be designed to force me to hire a professional to invest, which
As a recently retired investment professional, I believe clients (including myself) have the right to freely select investments, (no matter how complex) and not be subject to the restrictions of FINRA's potential regulations. It is the financial professional's responsibility and within the compliance guidelines of their associated clearing/ brokerage firm to make sure the
To whom it may concern,
Ive been retired for 5 years. Ive also been trading leveraged funds for more than 20 years. Theyve become an important part of my financial plan.
Taking away my ability to trade these funds makes no sense in a free market country like ours.
I cant emphasize enough about how strongly I feel about this freedom.
As an investor I should have every right to invest in any equity or security of my choosing, free of any restrictions. Requiring additional paperwork to prove a certain net worth or financial competency is discriminatory and imposes undue burdens on my personal liberties as a member of the free market. It is my risk alone to invest in products such as leveraged exchange-traded funds, and thus
Individual choice to invest in the securities that an individual considers the best for their financial well-being should be respected.
Leveraged and inverse funds can be an important part of one's strategy - let the individual decide, not the regulators.
High net worth individuals already have access to such products; why deny the same right to low net worth individuals?
Respect for
I strongly oppose additional regulations on my freedom to invest in products I find suitable to my financial plans. As products that are offered to to public already have to meet many standards and regulations, adding additional restrictions limit my freedoms of choice. With increasing market volatility, investment choices should be expanded, NOT restricted. Do not approve additional
Leveraged and inverse ETFs are important to my investment strategy because I don't know how to trade options or short the stocks. It's easy to understand and easy to buy and sell. Please don't take it away from us. Otherwise I will have harder time to accumulate enough savings for my retirement. Please leave it alone, there are tremendous reasons for leverage and
Please don't take away my ability to invest in investments that allow me to take control of my personal financial future. Leveraged and inverse ETFs allow me to adapt to changing market conditions and allow me to hedge against market conditions that are often volatile. I have been investing since I was 18 years old and I don't want my options to invest limited or reduced.
I am responsible for my financial decisions and regulators are only responsible for creating a level playing field. A special process is not necessary and onerous for anyone to invest in public securities and it is not the regulators responsibility or charter to protect citizens from making decisions that are the individuals to make. Hedging is critical to my investment strategy especially with
To Whom It May Concern: The world of investments is like any other marketplace phenomena. Prices go up and down. It is a profit and loss system. I should be allowed to invest in any financial product I choose. If an investment is clearly not what it says it is, that is fraud. Fraudulent investments are not legal. Do not impose additional restrictions on the investing public. It does not promote
