I understand the risks and rewards of leveraged funds, and have used them to my advantage. However, I understand they can be dangerous in the hands of the uneducated. I believe some type of mild screening process would be useful, i.e., specialized reading materials and a test targeted at leveraged funds only, without other more heavy handed restrictions. The individual, once educated, has a right
"Complex products" are a valuable resource for investors for diversification of investment strategy and risk mitigation that should be available to all investors. The notice tries to draw parallels between option trading and "complex products", but there is a significant difference in the level of leverage and potential financial exposure between these
Regarding tentative changes to investors using or thinking of utilizing leveraged or inverse funds, I humbly request that FINRA leave things as they are and not impose regulations barring use of these funds to "retail" investors. Many of us have over the years developed and employed said financial instruments in strategies developed by ourselves, all with the understanding of
I am opposed to the proposed regulation that appears to prevent individual investors such as myself from purchasing securities called "complex products." I am 82 years old, have been investing for many years, and understand the structure and risks of leveraged funds. I have used them successfully to boost returns as part of my portfolio holdings. To the extent the proposed
I have invested in leveraged and inverse ETF products for several years. The ETF providers and the brokerage companies I have used have always provided full easy to understand information on these funds. I am capable of understanding leveraged and inverse funds and their risks. I do not want regulators to impose any measures to prevent me from buying and selling them or to cause me to have to
I strongly disagree with restrictions being placed on leveraged, public investments. Leveraged ETFs are an important part of my equity portfolio. I have also used inverse leveraged funds in the past. I should not be restricted from using these funds and I should not have to take a test to prove to anyone that I understand the risks of investing in leveraged funds. I already get a "pop up
I have recently established a brokerage account which was made available by my company. I have applied a portion of my 401k income towards leveraged funds. I am well aware of the risks and consider myself to be an informed investor. I do not believe I should have requirements imposed such as tests. Nor do I believe I require a cooling off period as I have already invested effort and expense into
With the world economy in the state it's in, it's imperative that investors have the right to invest where and when they so choose, without any regulations. I've been investing in leveraged and inverse funds for year, and fully understand all risks and rewards associated with them. Leveraged and inverse funds have helped me meet my retirement goals with their enhanced
Hello,
I have utilized leveraged funds for years and this is a big part of my investment strategy. Frankly they are critical. Removing my ability to utilize these funds creates a significant issue for me. I use leveraged funds strategically in my IRAs in place of alternative derivatives which are unavailable in such accounts. Market fluctuations and limited annual contribution amounts
I and others should have the right to buy and sell any investments that we feel are right for those and their families when and if we so choose. Public investments should be available to all of the public not just those that are privileged. I also 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
