It is insane that you would potentially prohibit retail investors or financial advisers from access to leveraged or derivative funds. Investors should be able to choose the public investments that are right for their circumstances. You regulators are NOT God.
I am in favor of investment in complex and risky assets being HIGHLY regulated. These crap shot 'investments' are there for the financial industry to make money from unsuspecting and unsophisticated investors. If they even exist they should be strongly regulated.
I have the right to invest on whatever financial property while I am fully aware of its risk. It is unfair if the access to the rather complex investment becomes limited only to institutional investors. Please leave them as is.
This is protection from "big brother" I neither need or desire!! I am fully capable of making my investment decisions without the help of a government which is completely inept and irresponsible in its own financial matteres.
I would like to continue to have the freedom to make my own investment decisions based on whats right for my financial situation. I currently use the leveraged funds to hedge positions in the near to medium term.
I am writing to OPPOSE the proposed restrictions by FINRA on my investments, via my financial advisor. The right to choose is foundational to America. Please do not put restrictions in place. William Boeger, Wisconsin Investor
I don't need a babysitter. I have more confidence in my ability to make my own financial decisions than I have in any government oversight over my investments in leveraged and inverse funds.
It is unfair and manipulative for regulators to lock financial instruments behind net worth requirements and expensive exams. Wealth does not determine aptitude, and already being wealthy should not be a requirement to choose your own funds.
believe in "Right to Invest". Every individual in the Free world must have the "Right to Invest". Every Financial Tool & Instruments must be available for all not just the handful few.
I'm not in support of the regulation.
Investing in cryptocurrency funds, such as BITO, is important to my investment strategies to achieve my financial objectives, including by diversifying my investments as part of a balanced portfolio. It is easier to invest in ETF than in direct cryptocurrency.
