As the Vice President and Deputy Chief Economist, Ms. Walsh is responsible for management of national strategic and tactical initiatives by providing high quality research, analysis and advice on the economics of securities regulation and policy in support of the Office of the Chief Economist (OCE) and FINRA’s mission. The work product informs current rulemaking initiatives, reviews of existing
Please do not proceed with deciding for me what investments I should and should not make. The kind of restrictions you propose for leveraged and inverse funds are vital for many investors, including me, to balance out our risk in a in an overall portfolio. Even "rocksolid" companies can be risky e.g. Lehman brothers, Washington Mutual, Enron etc. We need the flexibility to counteract
I believe should be be able to choose my own public investments that are right for me and shouldn't have to go through any special process like passing a test before I can invest in public securities such as, leveraged and inverse funds. I do not want regulators to have these measures imposed on me since I am capable of understanding the risks of these funds. Leveraged and inverse funds help
We should have the right to choose what investments best suit our family, not regulators. Leveraged and inverse funds are critical to our investment strategies, to which if eliminated would create huge losses to our family. Investment rights should be open and on even ground, not made difficult to have to go through special processes to qualify. In an ever changing and quickly evolving global
IT'S UNFAIR TO NOT ALLOW US TO TRADE/INVEST IN LEVERAGED ETF'S WHEN YOU HAVE GIVEN EVERY DISCLOSURE KNOWN TO MAN IN AN ATTEMPT TO PROTECT INVESTORS. IF YOU'VE GIVEN DISCLOSURES OF RISK AND I HAVE HALF A BRAIN IN MY HEAD I SHOULD BE ABLE TO DO WITH MY MONEY WHAT I WISH. THE AMOUNT OF REGULATION HAS BECOME ABSOLUTELY RIDICULOUS AND ANNOYING, ESPECIALLY FOR PEOPLE WHO HAVE BEEN
Please do not be condescending or ignorant about unnecessary regulations. Leveraged etf's are a safe and effective way to hedge wealth and/or create investment profits. Leveraged and inverse funds are essential to manage down markets and as a mature investor I do not need Finra guidance on what to do with my money. In my view this maybe a play to limit downside momentum in the stock market
Leveraged instruments are important for experienced retail investors to go long the market and hedge in uncertain market conditions. We accept the risk of loss, and do not put more in these instruments than 25% of a portfolio. Still, they also have been some of the greatest generators of wealth when going long after a prolonged bear market. It's unacceptable to take this opportunity away
It is these unfair practices that hamper investors to take advantage of the current market. This is not protection but a means to limit a persons ability to invest freely. We all know the risks associated with leveraged products and non leveraged products. This is just another way to prohibit individuals from getting the maximum out of their investments. We all know the downside when using
I am not a major investor but have some funds that I actively manage which I am hoping to use for my kids college fund. I need the flexibility to decide if I want to be long, short, leveraged or not on my positions. I am not a high new worth individual or professional investor but I understand the risks I take in going short on a position or having a leveraged position. Largely these positions
I OPPOSE restrictions on the right to invest. In particular: All investors not regulators should be able to choose the public investments that fit their circumstances. Public investments need to be available to the public, not just those investors considered acceptable by regulators. Investors should not be vetted by regulators--through the passing of a test or other means--before being allowed
