I am a long term, experienced investor and have been involved in many different trading types and styles. I understand the risks involved in leveraged trading and inverse funds and therefore reserve the right to continue to trade these.
I some times use leveraged funds when I can see that a market is heading in a particular direction to help boost my portfolio and very rarely have more than one
Finra, you should investigate big hedge fund who are manipulating the market rather than going after small guy. People know what they doing when they invest in leveraged funds. There are clear warnings from broker. These securities do not pose any significant risk to the market. In fact, these securities are the safest way to express bull or bear interest in particular sector or broad market.
There is no reason to impose this restriction. Investors are already accepting risks when opening an account and imposing harsher restrictions only serves to make average investors have bigger hurdles to cross when it comes to returns over a long period of time. The free market should remain free, passing an arbitrary test does not mean someone is a better investor.
Stop putting more
To FINRA Regulators,
I oppose restrictions to my right to invest.
Leveraged and inverse funds are important to my investment strategies, especially during periods like right now where the stock market is going down most of the time or theres much turmoil. I understand that leveraged and inverse funds and their risks but I have been trading them for months. Everything is fine.
I should be able to
Please, do not shut down leverage ETF, why discriminate against people with low net worth that know their risk? Do people with higher net worth have more right than normal people? If leverage ETF is so dangerous why do you allow people to gamble on option? All I want to say is we all should have the same right to invest in what we want, please leave it
alone.
I totally oppose regulations (restrictions) to my right to invest. It is my ability and education and experienced that guides me in my investment decision. If I make or lose money it is on me. My fault or my credit. That is the American way. I do not want to see regulators controlling my investments. For what purpose? To protect me? In America risk is rewarded and punished. That is the
Comments:I have used leveraged ETFs for many years. I am very aware of the risks and benefits. They have mostly served me very well because I know when and how to use them. I dont need or want some government bureaucrat, who probably knows nothing about investing, to limit my investment options. The only thing this administration knows how to do is take my hard earned money and give it away.
In the unlikely case your Notice 22-08 becomes law in the future, it should not apply to traders who have bought and sold L&I funds before, regardless of how long. All the funds have clearly explained in black and white, what the risks are and who they are good for. I am 100% against disqualifying or restricting access any trader from buying them if they acknowledge having read the
I shouldn't have to pass some kind of test to invest in inverse funds. I am educated and capable of understanding leveraged and inverse funds, their risks, and their ability to hedge my investments when used as a part of my overall portfolio strategy.
I originally used these leveraged funds in several of my watch list portfolios where they outperformed the portfolios without applying
I, and not regulators, should be able to choose the public
investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Investors should not have to go through any special process such as passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of
