I recent got the citizenship. In the civic test I learn that the freedom is one of the core value of American. I should have the freedom of choose what public investments I want and take the risk I am willing to take. This should include the inverse funds. The inverse funds is a very important in my portfolio. I have long term investment which are regular funds. But at a high position, instead of
Leveraged and inverse funds are not hard to understand, even for the average investor like myself. We live in a country that is supposed to allow us freedom of choice. I choose what to invest in, good or bad, right or wrong. The current notifications provided by the brokerages as to the inherent market risks associated with these type of investments are sufficient to make an informed choice
Me, not regulators should be able to choose my own investments that are right for me and my family. Never should anyone have to go through a special process in order to invest in public securities. I am capable on my own of discerning the risks. Leverage and inverse funds are an important way to enhance investment strategies and I want them to remain available. Please do not make changes to
Comments:
As an individual investor who relies on leveraged and inverse ETFs to actively monitor and manage short term trading strategies, these instruments are critical to compliment more conventional products while providing desired exposure to targeted segments of the market. Notably, leveraged and inverse ETFs also provide an effective means to hedge other more conventional positions. The
This punishes older investors in two ways. First, selling covered calls is an established source of income for retirement accounts. Why punish those who want to use this conservative approach? Secondly, the older investor who is behind on their savings and intelligently want to increase risk to catch up to have a nest egg that will support a self-sufficient retirement will be punished.
Dear sirs at FINRA
With regards to notice #22-08, I would like to voice my strong objection to this proposed regulation. I believe the instruments being targeted by this regulatory framework are no more complex or inherently risky than any others I typically invest in. If they are in any way, I'm an adult and able to decide for myself which risks I'm willing to take or not.
Since this is a free country (USA) we should be able to make our own choices for investments. I do not need someone to test me to see if I am capable of understanding these risks. In fact I have purchased some of these and have been restricted from further purchases when I have tried to average down thereby locking in bigger losses rather than turning them into profits. They will go up and why
As a professional investor, I should be able to choose to invest in public funds and what's suitable for my investments. I use these inversed and leveraged funds to hedge my investments, I shouldn't have to go through any special process, like a test in order to invest in these public funds. I understand the risk involved in investing in leveraged and inverse funds, I do not
I strongly believe that I, and not any regulator, have the right to choose what investments are suitable for me and my family. Publicly available investments need to be accesible to all and not to only a few.
I do not believe that special vetting or testing is in order. Leveraged funds and their risks are clearly explained in all materials.
I use these funds in my portfolio to fulfill specific
Like my husband posted as well, I share his sentiments exactly:
I am an experienced investor who is aware of how ETFs and inverse type funds work. Like any other investment there is due diligence and risk, which I accept. I dont think FINRA should over reach and and limit availability and access to these instruments. Instead, they should focus more in investor education, especially to younger
