I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just privileged.
I should not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and
I oppose limits and restrictions in my trading of leveraged and inverse securities. I am well aware of the risks associated with such products. Although they make up a small portion of my overall portfolio, I appreciate the diversity of products offered and the ability to hedge securities. I strongly oppose any further restrictions which may included testing, income or net worth limits, so called
Limiting public investment avenues is both discriminatory and oppressive. American citizens and their families should have direct access to investment protocols by their own decision without discriminatory blocks to access. We do know the value and risk involved with investments such as BITO and other exchange traded commodities, cryptocurrencies and funds and the value that they have in a
I am against any more restrictions to my ability to trade leveraged securities. I have been fully informed of the risks involved by my broker Fidelity in these products and had to sign and submit a document stating so to Fidelity. I am fully capable of making informed decisions on my own without any further government or regulatory restrictions such as passing a written test or proving my net
Your Proposed Rule #S7--24-15 is a flagrant and unwarranted intrusion on the rights of individuals to invest as they chose. Who gives you the right to decide what instruments people can invest in? Peoples' freedom to invest as they chose should not be compromised by a self-appointed body of regulators who are overstepping their boundaries. As long as one educates his/herself on what they
To Regulators, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds because I have more than 40 years of stock and options trading experience in USA. I am capable of understanding those funds and their risks more than any finance professionals. It is totally against the spirit of law under democratic
I trade leveraged and inverse funds in order to feed my family and pay my mortgage. I am 60 years old and do not have skills to get a job that would pay enough. My husband is 82 and a fall risk. We cannot afford assisted living. So being able to trade allows me to take care of him. I honestly don't know anyone who has gone broke from trading. My experience is that your proposed regulations
Comments: As someone with the CFA designation that uses triple leveraged funds for their personal investment strategy, I do not feel that this rule should be passed. In economic downturns line were are experiencing, the use of triple leverage funds can be extremely advantageous for investors that understand the risks associated with such investments and track their investment performance.
How can you possibly think that leveraged ETFs are more risky than options trading? Leveraged ETFs are easy to understand and can be understood just by reading the prospectus. Options on the other hand have various factors that need to be accounted for, the majority of which common investors do not understand. As it stands today, investors must already acknowledge the risk of leveraged etf
The events leading out of Jan 2021 and continuing into this year should make it abundantly clear that leaving any positions unreported or obfuscated results in a lack of faith in the fairness of US markets. That paired with a speculative bubble puts all investors at risk. I request that FINRA pushes for more reporting of short positions.
