The United States of America is more and more navigating down the path of socialism. STOP! Let markets operate with MINIMAL government oversight and give people credit and responsibility for making their own financial decisions without being hand held or told what and what not to do by out of touch bureaucrats.
I'm upset with anything that would prohibit my ability to protect my assets.I oppose any limitations on my investments. The FINRA scheme would hurt myself and other investors by denying us freedom to choose investments for our financial security, I want to go on record that I oppose this policy.
What I choose to invest in is my personal business, it is not up to politicians to control every aspect of my life; you are elected "representatives," not lords or masters. And if you want to requires tests for investing, test the financial planners and require they are held accountable for their fiduciary position in recommending certain investment products.
Hello
I want to keep using levered products in a controlled and responsible manner
I am not a gambler or speculator, rather a long term investor with slightly higher than average risk tolerance. I am young with a high paying job, this is the timing that makes sense to take on higher financial risks for me.
It is very important for me to have financial flexibility with my investments. I dont always think the S&P 500 will go up and I like the ability to invest in an inverse S&P 500 fund without needing to pick individual stocks to short. Please dont take away my investment flexibility.
The leveraged funds are the great funds for normal (not advanced) retail investors to use the advanced financial tools without the use of option and future which can risk most of retail investors.
I am really excited to have the leveraged funds in a free form. This is essential for my long-term investment portfolio.
Dear Sirs/Madames,
I invested in these financial products over ten (10) years ago. They were part of my investment strategy, and are still today. They made sense then, and still do. Thank you for your concern, but I am aware of what I am investing in.
Warm regards, Eric Sims Gerken
I am an experienced trader who was a series 7 rep on Wall St. I understand leveraged funds and am completely comfortable trading them. They are important to my overall investment strategy, and it would be harmful to me financially if I were not allowed to trade them. Please do not place any restrictions on them.
I am opposed to FINRAs proposal that would limit my freedom to invest in public securities of my choosing. FINRAs proposal on complex products is arbitrary, unworkable, assumes I am not capable of making my own investment decisions. Dont restrict my ability to achieve long-term financial security.
Now more than ever people are expected to manage their own finances and financial planning. Taking away any free market options is ludicrous. Anyone can research leveraged and inverse funds and choose whether or not to take the risk of investing in them. Do not impose restrictions on the free market.
