It is our rights to buy or sell all the public traded funds. Every stock or fund traded publicly has its risks and we understand it well. We as small investors shouldn't be discriminated by this restrictions. We need the freedom to decide which stocks or funds we want to buy as they are very important tools to achieve our long-term financial goals.
It's especially important regulators hear from you in your own words. Please use the body of this email to customize your response.
As a citizen of the United States of America, this ruling seems to take away a freedom and would suppress our ability to better our financial success. We should able to "gamble" if we so see fit.
I have been investing in leveraged ETFs for over 8 years and fully understand the risks associated. I have traded both the long and short versions. I have both lost money and made money. I believe that all investors should have access and the ability to trade in these. The freedom to choose investments that could
help you achieve long-term financial security is extremely important.
Leveraged and inverse funds are at great help in handling stock market up and downturns. Exposing 15-20% of my portfolio to these ETFs helps me achieve my investment goals in longer run. I have been investing for 8 plus years and these leveraged and inverse ETFs have only helped in my financial growth and would prefer investing in them in future too.
I am writing to express strong opposition to new rules that would further restrict investment of leveraged and inverse funds.
I have used these funds simply to protect my existing investments in the stock market. I know financial advisors who also do so. Already there are checks and balances in place in Ameritrade for trading these funds.
No further restrictions should be added.
As a retiree and a widow, I have been able to make the best choices for a decent life in my years ahead. Those choices are critical to my health and my financial independence. I consult with knowledgeable advisors who have explained clearly to me the importance, for me, of public investments like leveraged and inverse funds. Please don't obstruct that part of my independence.
The people have a right and the freedom to purchase whatever investments they wish to if they are sound and capable of doing so. FINRA's attempt to regulate the purchase and sale of cryptocurrency is a disgusting example of bureaucratic overreach designed to hold everyday investors back and consolidate control over a valuable asset which has helped financially transform the lives of many
I appreciate your concern for my financial well-being,1 Corinthians 10:24. But it is my responsibility and decision to use those resources as I believe I should, Acts 5:4. The last thing we need is more intervention in our personal affairs. We are responsible to educate ourselves and use that knowledge as we chose.
This would be an encroachment on personal freedom and our constitutional rights.
As an investor I should be allowed to invest as I please. The two experiences Ive had with financial planners, both certified and one a fiduciary, were disastrous. I lost significant amounts of money. Whereas when I have chosen my investments myself, including leveraged and inverse ETFs I have done much better.
Dont take that opportunity from individuals such as myself.
Personalized financial risk should not regulated or decided by a 3rd party. Individuals should be allowed under a freestanding republic to partake in behavior that is deemed by others as risky if it does not harm nor impose on others freedoms. This is such a case. individuals should be allowed to decide their own personal fate, not be dictated/FORCED by others no matter how well intentioned....
