Leverage and inverse ETF is important for my portfolio for profit and risk hedging, why do you want to limit my right? Wall Street big whales are using more complex financial derivation to achieve similar purpose with much higher leverage than common leverage etf(3x) , is it fair to limit individual/retail investors to do so? Please stop this and let us trade leverage & inverse etfs.
Every body should be able to invest in the securities you propose to legislate. The information about these securities is widely available and well documented. In addition, the average person does not have the insider information that the likes of Nancy Pelosi and Chuck Schumer have in order to make millions off the stock market. As is the case, regulating the average American away from the
I have used leveraged funds as one part of my balanced portfolio for years. These funds are incredibly helpful in adding a component of high reward/risk investing to my portfolio that often seem reserved for the ultra-wealthy/angel investor/VC limited partner/etc. Allowing the average investor access to these financial tools is critical to the democratization of wealth building in this country.
It is not the responsibility of FINRA to limit my access to publicly available investment vehicles. The investments under consideration for restriction have clear, concise, and readily-available prospectuses that explain the risks and further restrictions or tests should not be permitted. Financial and securities restrictions should exist to protect investors from illicit or deceptive practices;
Im writing to voice my objection to restriction on access to purchasing of leveraged ETFs. I am already required by my broker to assert that I am knowledgeable and financially able to accept the risk associated with these investments. Further, the right to decide for myself is part of Americas greatness. I have benefitted greatly from having leveraged ETF as part of my diverse portfolio. There
I occasionally use leveraged funds when the trend line is in my favor. As a retired accountant, I have always been not quite an accredited investor, not enough income, not wealthy enough, not a professional financial manager. However I know business and have decades of experience, making my invest decisions generally superior to that if inherited wealth or high income in an unrelated fields. My
Retail Investors, not regulators , should decide what public investments are right for them and their family without discrimination.
Public investments should be available to all of the public,
not just the privileged, i.e. high net worth investors.
If public investments are restricted or heavily burdened
by various barriers such as subjective tests, permissions, then this is the first step to
I think people should have the right to choose their financial destiny. I have made significant profits using options and actually ran into more issues with imposed regulations and stockbroker policies. There are plenty of tools out there to learn about options. I do understand placing monetary limits on certain types of trading to avoid massive defaults but these should be allowed. Also, you
Hi, its not necessary for regular theres to get involved with peoples own financial decisions. Ive used inverted and leveraged ETFs for years and although sometimes there are losses in general I had great returns from them. It would be a shame if this opportunity for returns were cut off. Let adults decide how to invest their own money. We dont need the scolds in DC telling us what we cant do.
Hi, I'm writing to express my opposition to regulations or restrictions that prevent or encumber my ability to invest in public investments. I feel that it should be my right to invest in securities/funds that include new, upcoming, and/or non-traditional commodities (e.g. cryptocurrencies). It should be the investors right to diversify and consider all available options when implementing a
