I am writing to express my opposition to regulations being considered by the Financial Industry Regulatory Authority (FINRA), that may prevent me from being able to buy leveraged and inverse funds and other popular investments that may be deemed to be too complex for the average investor. I, as an individual, should have the ability to choose what investments are right for me. Public
Why is the FINRA taking away my ability to invest in the investments that I choose? I am a 34-year-old adult and I know how to be a big boy and take the risks of what I'm doing. Some risks, like driving or guns, have regulations in place because of the harm they place on others. However, what harm do my investments place on anyone but myself? As long as the warnings are in place, then we
I'm confused about why these funds should be an issue for regulators. They have been just fine for the past several years, and now they become a problem? This issue makes me suspect, and probably correctly so, that there is "money" behind the regulation concerns. Someone is not getting their "fair share" someway or somehow, and therefore we need to
Good day, I am deeply opposed to restricting any of my rights on investing. I am a free thinking adult and as such have the right to invest my money in any way I see fit. I should forever have free access to any and all types of investments without special testing or vetting.
By doing it is my belief that only a elite class/group of people will have access to certain investments. This is simply
PLEASE do not take away ordinary retail investors' right to trade these products. There is an inherent risk in any investment. People who participate in the market should be able to assess for themselves what level of risk they want to take on. If they don't want the risk, there are plenty of other vehicles to trade. Most importantly, these products are the only way ordinary
I have used leveraged funds as powerful tools to hedge my portfolio and take advantage of certain periods in the market. In fact, I saved for my house down payment using a leveraged ETF and Im pretty sure its the only way I would have afforded a down payment as a first time homebuyer.
I think its already ridiculous small investors like myself cant invest in private companies just because were
I oppose having restrictions placed on leveraged ETF;s for the following reasons: 1. There are many individual securities (stocks and funds) that are more volatile than leveraged ETFs 2, Volatility is not risk and more meaningful is the trend of its moving average. e. Volatility provide investors an opportunity to achieve their objective in a shorter time period. Rather than impose restrictions
Leveraged and inverse funds should be available to everyone, not just the privileged. We started buying leveraged and inverse funds in 2011 and over the course of the last 11 years, we have continued to invest more in those funds as we've seen our best returns from these investments. They have also gone down in value but we do not sell when it's down. Leveraged and inverse
Dear FINRA,
Restricting access to leveraged and inverse funds only serves to tip the investing playing-field more in the favor of the wealthy and institutional investors. Moreover, while unconventional, not all inverse funds necessarily carry greater risk of ultimate loss than the general market does. I am a frequent investor in SVXY in particular, and depriving me of this investment opportunity
I believe it would be a mistake to reduce access to these popular and useful short to medium term trading funds. There is more than enough information in the market web sites on how to use a x3 fund. Extreme risk lies only on a " black swan" event and these events pose similar risks to all investors. I believe that I have benefited from my use of x2 & x3 funds on the SP500. It
