Codifying levered investments as "Complex" and limiting the public's use of them is against the founding principles of this country and will only exacerbate income inequality. Citizens have the right to chose their investment and take their own risks; the government is not intended to play "baby-sitter." If there needs to be a warning such as when signing up for Options
Dear FINRA,
Regarding the restriction of funds I can invest in, particularly leveraged and inverse funds, I believe I should be able to decide what I invest in and where my money goes not FINRA. These funds are not complicated to understand and should be available to everyone, not just those with lots of money. I use these as PART of my investment portfolio to help me hedge other investments
I strongly object to the idea that an investor must go through a special process (like passing a test, special approval, etc.) in order to invest in public traded investments. Leveraged funds are important to my investment strategies. It allows for methods to hedge against losses and take advantage of opportunities created by these types of instruments. Currently there are protocols in place that
I am a client associate at Merrill Lynch (soon to be registered client associate after passing my Series 7 and 66) and I recently passed the SIE. I fully understand the mechanisms behind leveraged/inverse products. Limiting the accessibility of these products is not in an individuals best interest because they should be allowed to make their own risk/reward judgements. 25% of my portfolio is
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 I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds
I have little money to invest. That is why I use leveraged securities. I would like to make as much as I can with what little I have. To say I need to have a high net worth is ELITIST & RACIST! I should NOT need special approval from my Broker to trade a leveraged security. I know the risks involved! I am NOT ignorant! I know simple math. To put more obstacles in front of me to invest
Inverse funds allow me to take contrarian positions when I believe the market is behaving in unsustainable manners, not only preventing losses on my positions, but furthering my gains. Preventing household investors like me from choosing these funds limits the ability for me to choose the right strategies that I believe will pay off in the long term. Anyone is capable of reading the risks of
I've used leverage as part of a well-researched and highly-effective investment strategy for the past 14 years. This allows me to grow my investments - responsibly - much faster than would otherwise be possible without leverage. I should have the right to choose whatever investments make the most sense for me, and be expected to handle the consequences of any mistakes I make in their
I'm writing to ask that you don't change rules that would disallow me from making my own choices on which funds that I choose to invest. There should not be any special litmus test to determine my ability to invest in funds of my choosing. Leverage funds have benefited me greatly. My investments have grown exponentially, especially during lean covid years. Most investors who use these
Investors, not regulators, should be able to choose the public investments that are right for the inventors and family. Public investment should be available to all of the public.
Leveraged and inverse funds play an important role in my investment strategies. They serve a purpose, for example, to provide enhanced returns by taking a calculated risk bound by a limited part of my overall portfolio
