It is hypocritical how the U.S government talk about helping lower-income families and individuals get out of poverty, then you slap on unrealistic regulations saying it is in the best interest of the consumer. The only day to get out of generational poverty is to build wealth. Owning leveraged financial asset classes is a quicker way to achieve wealth building. You will be doing the American
I believe that I do and I should continue to have the right to invest my own money as I see fit as a means to obtain my goal of long term financial security. Furthermore, what one may deem as "complex product" may seem a simple investment or investment strategy to someone else... you have no responsibility to make a decision as to the complexity of an investment on my behalf!
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I believe that each individual should take the time to understand and then accept the risks of the instruments they use to invest or they should not be using these instruments.
In my opinion, I support the right of individuals to use leveraged ETFs and other alternative financial instruments as a part of their investment strategy. I do not support the government limiting the individual's
Its time to level the playing field for the common man. Financial education is important and should be desired if one chooses to make investing a career choice. With that said, we are all adults and have to make impactful choices, including life or death decisions. Please dont limit our ability to prosper as we seek to learn more. Take down that wall, as President Reagan famously said. Do the
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend the expiration date of the temporary amendments set forth in SR-FINRA-2020-015 and SR-FINRA-2020-027 from August 31, 2021, to December 31, 2021.
Hey you [REDACTED] - its my money that is hard earned and I have paid all taxes on it, now you better stop telling me what [REDACTED] I can or cannot do with it. [REDACTED] You [REDACTED] need to stay [REDACTED] out of my private financial business. I own tons of ETFs and they are all showing losses so Im holding on to them - if you want to change anything, make sure that you [REDACTED]
I should not have to go through a special process in order to invest in public securities, like leveraged and inverse funds. We are capable of understanding the risk and do not need special treatment. Leverage and Inverse funds have helped protect my investments, but are a limited portion of overall portfolio. Please consider your important service to the health of the financial market through
As an investor, I should have the freedom to choose my own investments and take full responsibilities for my gains as well as losses. I will never invest on anything that will test my ability to invest or make sound decisions. The financial crisis is a perfect example of over regulated investments. I want to be able to invest in a market on the way up as well as on the way down. Regulators always
I believe that restricting access to these investments what hurt far more people than just allowing the risk to be there. I believe the majority of investors understand that funds that offer higher returns come with higher risk. It is already made clear in the prospectuses of every fund. Please let us make our own decisions. Many of us have been in these funds for years and they are an important
I am opposed to the restrictions FINRA is proposing on the ability of retail investors to buy leveraged and inverse ETFs. For one, this is an impugnment on basic freedom that the US is supposed to stand for. I am more than capable of reading the basic documentation for these funds and understanding the risks I choose to take. They are also critically important to my investing strategy and
