Do not limit my ability to gain access to advanced financial instruments just because I am an individual. Just because I am not a big brokerage or rich millionaire doesn't mean I'm not smart enough to hold a leveraged fund. In all likelihood, I am more educated than you are. Back off with your patronizing policies and fix the actual problems with this country.
These tyrannical restrictions will only further to widen the gap between the elite rolling class and the average citizen. It's appalling that regulators would attempt to make nearly emotionally unavailable an avenue for investment that is already difficult enough to enter into without the financial backing and insider knowledge the elite class take for granted. We need less restriction
Comments:The wide use of leveraged ETF offer me the complexity of investment features not found anywhere else. i have the broad knowledge and financial understanding of how these investments work and have utilized them for decades to benefit both me and the clients i serve in my investment management practice. I ask that new rules not be implimented, doing so will not dissuade an investor from
Please leave everything as it stands in regards to the availability of investment products. The knowledgeable and experienced money managers of brokers, and the government show no higher skill in investing, i.e. the current financial condition of the US government. Please allow citizens the freedom to manage their own money, for better or for worse. If they have the capability to earn and save it
Every man and woman needs to be responsible for their own choices. It's up to them weather they want to take risk or not. The government can't even keep social security solvent for the next 50 years or balance a budget, they have no business telling us how to manage our finances. maybe if there was some financial risk management and retirement investing taught in school this
To regulate L&I index funds is a grossly misguided decision. If FINRA seeks to protect investors from complex products, they should instead go after options, derivatives, short-selling, and other truly complicated financial practices. L&I funds are traded by average retail investors like me in the same manner that stocks are traded; they are simple to understand and necessary to
It's time that government respect the rights of the people to determine the course of their financial affairs. To be ignorant of cryptocurrency, via block chain technology is the fault of no one else but lazy politicians. The banks are just as spiteful due the fact that decentralized peer to peer access and accounts is the best challenge to a stagnant centralized banking system. Value is
I am an individual investor, 68 years old. Over the past 10 years I taught myself about leveraged and inverse funds, using literature readily available in our city library and sponsors' websites. The operation of funds such as UVXY and SVXY is understandable to people like me without specialized financial training. I use these successfully for diversifying the return-versus-risk profile
All investing comes with risk. By choosing to invest, we investors willingly assume that risk. Regulations should not be used as an to attempt to save unwise investors from themselves. The State allows lotteries and widespread sports betting, which inevitable causes more financial harm to unwise investors than leveraged and inverse funds. Thus, I see these proposed regulations as unnecessary
The Reg BI and Form CRS topic of the 2024 FINRA Annual Regulatory Oversight Report (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) findings and effective practices, and (3) additional resources.
