Would you please stay out of the investment world with more regulations. I dont know of anything that the Government has gotten involved in and made it better.
This program has been working fine without outside input, if it aint broke dont fix it.
I oppose this limitation on my investment
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I'm am capable of understanding leveraged and inverse funds
I am an individual investor and am a frequent user of leveraged and inverse funds. They are fundamental to my trading strategies and are a simple and very safe (for me) way to hedge risk.
Please do not restrict public use of these incredibly useful tools.
There are plenty of disclaimers for investing in risky assets and instruments. Additional regulation is not required in this arena.
The government should not and does not need to protect investors by limiting the ability to hedge risk. In fact taking away the ability to hedge risk creates a more perilous environment. I strongly disagree with any limits or gates being established by the government to help people save them from themselves.
please do not pass this restriction on my right to invest in the securities of my choosing. I wish to have the right to freely access to public securities markets without arbitrary restictions. Marty Dalton
On second thought, I think FINRA is doing a great job by limiting usage of these highly risky products which many investors lose money on. Bar should be set higher so folks can use these investment vehicles after proper training.
If you look at my investments over the last 2 decades, through bear and bull markets, you will see that my leveraged ETFs have far outperformed my other investments. I would be much worse off if I was unable to buy these ETFs. Please, no changes necessary.
Regarding Notice #22-08. As an investor I responsibly use leveraged ETFs as an investment strategy balancing different asset classes for long term growth. I'm well aware of the large fluctuations and it's a non-issue because I'm educated on the way the ETF works. It would be highly restrictive for the SEC or Finra to remove an option that individuals can and do use
