As a good father would not neglect nor punish the reservations and protective nature of his childs small, worthless, yet invaluable collection of odd, incongruent, and disassociated toysneither should a person in financial authority govern over those with less money, less experience, less intelligence, or be given the power to reign over them with unwelcome, hostile regulation and impingement
As a stay-at-home mom, I use certain leveraged funds (like UPRO and TQQQ) to enhance my portfolio and contribute to the financial needs of my family, all while being able to spend time with and raise my children. These are only a portion of our overall portfolio. I have done the research and feel that I am capable of making all the investment decisions for my family and should not be subjected to
Why would my public investment choices need regulated? Public investments should be available to all the public, without qualification or privilege. A test to purchase a PUBLIC security? Really? That's ridiculous and sounds like government heavy handed tactics to favor the rich. I don't need to take a test to be able to make my own choices for public investments!!
I oppose the regulations being considered by the Financial Industry Regulatory Authority (FINRA) that will restrict my right to invest. I should be the one to decide where and how to invest my money, not a regulator. Public investments must be available to all, and these proposed regulations discriminate against the less privileged.
I am fully capable of understanding the risks inherent in not
I am a self-directed and self-educated investor who got a late start building wealth due to many years of school. The use of leveraged ETFs has helped me and my family to build significant wealth, especially coming out of the pandemic, and has helped me become closer to financial security. It is no understatement to say that leveraged ETFs have taken a huge burden off my shoulders. I am aware
I am a private investor with over 30 years of investing experience. My portfolio consists of individual companies, ETFs of various sorts and mutual funds providing a comfortable level diversity. I understand the need for investors with limited experience not to have access to leveraged funds as well as option training without some level of training so they understand the associated risks. I would
The PEOPLE should be able to choose the public
investments that are right for them and their families
Public investments should be available to all of the public,
not just the privileged. We've had enough of market manipulation and we need to stay a free market economy. People need to be allowed to make their own decisions. Cryptocurrency is new and it's threatening the system
I am, in general, opposed to the need for additional barriers of entry to use leveraged and inverse funds. The existing regulations require stockbrokers to monitor age and balances of accounts, and already quiz traders on their experience using such investment tools. There is always a risk no matter what the investment, and there's no real difference between leveraged/inverse funds and
Im fully capable of making my own financial decisions without the need to be protected from myself by anyone ! Ive been successful all of my life without unsolicited advice. Leveraged and inverse funds help me to hedge and out perform better. Leverage funds allow me to react quickly to changing market conditions. This is a valuable tool I use and have for over twelve (12) years. The prospectuses
To Whom It May Concern,
I strongly oppose the restrictions to my right to invest in leveraged and inverse funds. Leaving these types of funds in the hands of only "high net worth" individuals or brokerages only accentuates the wealth imbalance in this country. Being able to invest in inverse ETFs has safeguarded my portfolio from serious losses, while still being actively
