Everyone should have equal access to leveraged funds. People are fee to invest in risky real estate or business deals of their choosing. People should also be allowed to invest in risky financial assets and classes of their choosing.
I should be able to choose what investments I want. I shouldn't have to take test to buy or sell my crypto. I don't feel that the govt should tell me how to make sure I'm financially independent.
Taking away financial tools including leveraged funds only hurts retail investors like myself. Everyone should have the opportunity to learn, understand, and invest in these securities based on their own strategy and investment goals.
The definition of complex products is ambiguous and broad that makes it arbitrary and unworkable, thus possibly leading to unfair or discriminatory treatment of investors.
It unnecessarily restricts investors to choose products that they believe will lead to their desired financial independence and security.
Please stop trying to regulate away the investing public's ability to make investment choices for themself. You as a body can't know the individual financial situations of the public in order to make decisions on what instruments are appropriate.
In 2008, I lost my job,my house and my partner. I still have not recovered. If you recall, complex investments were at the heart of the 2008 financial crisis. Support our regulators and keep investments simple and transparent!!
As an investor, I would like to be able to choose the best investments for my personal situation. I have access to a financial planner and I am well informed of the risks in trading leveraged securities.
I am against any further regulation.
If you want Americans to successfully achieve the American Dream through successful means financially and pulling themselves off of their bootstraps do not interfere people should have free will and the right to invest accordingly to their own wishes
Im a financial professional who understands the risks involved. People with no background in investments should go through a course to understand these risks with an inverse and leveraged fund. People with securities licenses have taken enough tests.
This seems like it could easily lead to a situation where the only people who can open a self-directed account to trade in options or complex products are rich, white, financial professionals. The rich get richer.
