I believe that we as Americans have have the right to decide if we want to invest in any form of investment that benefits us no matter what our income or financial standing is. Regulating any person or adding restrictions to a persons rights to invest is a form of discrimination and disparity. Segregating the rich from the poor. My question is what is the real reason to restrict any person from
It is incumbent upon me to voice my objection to the consideration by FINRA to restrict my ability to invest in public securities and their risks without first demonstrating my understanding or abilities to a governmental agency. As part of my financial portfolio, investing in leveraged and reverse funds allows me to take part in the great American dream of developing wealth. It is important
I have held these type of investments in my portfolio for many years.These funds are a limited percentage of my portfolio. However, they have enhanced my bottom line significantly. Regulators have absolutely no business restricting me on my investment decisions. What makes you think that you can make better financial decisions than I can? Further, I make all of my own investment choices and
As a Financial Advisor, we have a small portion of our practice that uses leveraged and inverse ETFs in our clients accounts. We fully understand the risks involved. We employ multiple analytics in our decision making process, and use an active trading system in an attempt to mitigate the risks. The long-term results can be quite substantial for our clients. We feel it would not be in our clients
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to make technical and other non-substantive changes within FINRA rules.
When it comes to where I place my money for investing, it should be my choice. Not that of some unknown regulator who may be getting kick-backs for pushing specific investments.
There should not be any red tape that I must go through before being able to invest. This should be regardless of if I seek advice of a financial advisor or not. It is my money and my future and my decisions.
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Dear Sir or Madam,
Please consider continuing the use of leveraged and inverse funds, especially those from ProShares. As a long time investor in both TQQQ and MVV, I am well aware of the risks and rewards of leveraging in both times of market appreciation and depreciation. The mentioned leveraged funds are another arrow in my quiver of diversification and ability to be financially independent
I oppose the restrictions on the public to invest in leveraged and inverse funds. I believe every type of investment was created to meet some need of the public, and they should be made available to everyone. Losing free access to financial tools such as leveraged and inverse funds will shut more doors to the poor and make the rich richer. As long as people are able to get disclosures about the
I use my own money for my public investments. So I should be able to choose the public investments that align with my financial planning and risk level. I therefore oppose all restrictions to my freedom.
We all need a license to drive, but that's because other people's lives depend upon our driving skills. Investing is different, because only I get affected by my investment
Lets replace all financial terms with fast food terms. To eat at fast food restaurants you must: Pass a health quiz Demonstrate a low BMI Receive a note from your doctor Attest to reading health journals Go through cooling off periods during which you cant eat You would never support a regulation like this. Let people make their own informed decisions you would say. Great, now apply this to
