I, not regulators, 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
There is no viable reason to restrict access to inverse or leveraged funds from the public. Having been investing my own retirement funds for 20 years I well understand the risks involved. They are an appropriate part of a well balanced portfolio. Hedging and being able to take some advantage of downtrends must not be restricted to professionals and the super wealthy. Anyone with the willingness
Regulation over the Market is rational, however, Regulation which prohibits certain classes of investors from investing in products which have been approved by the SEC is not only unwise it is a slap in the face of those who have researched products and decided that they are valid investments for them. I do approve the SEC cautioning investors about risks involved. After due consideration, this
As a retail investor, I am offended that more legislation is being implemented in order to "protect" retail investors who are not smart enough to comprehend products that are offered in the open market. Specifically volatility related products, which are an essential part of hedging for market risk. Why are you attempting to shut retail out of products which we can actually benefit from
Investments have many safeguards to prevent individuals from investing in products they don't understand. These range from a formal prospectus all the way to a (highly) informal google search (which will readily enumerate the risks involved in investing in leveraged ETFs. That information is easily accessible to anyone who might choose to invest in these products. As a result, regulating
Regulators, I oppose restrictions on my right to invest in public investments. 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. 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
I've recently become aware that FINRA is considering implementing restrictions on my ability to invest in leveraged ETFs and/or inverse ETFs. I want to advise you of my opposition to these measures as being unnecessary. I am fully aware of the risks involved as they are already highlighted by my brokerage firm and disclosed by the funds in the prospectus. I recognize that these are not
This proposed rule is yet another misguided attempt to "protect" retail investors, while all it would do is limit retail investors options and increase the public's distrust towards institutional investors. While leveraged funds do experience greater volatility (and in turn risk), they are relatively easy to understand and give retail investors easier exposure to leverage than
I not regulators should be able to pick the investments that are right for me and my investment strategies. This is another regulatory overreach that serves the institutions and not the public, it should never be accepted. I do not need to be patronized by FINRA or any government institution on how I invest. It is those same dumb and shortsighted limitations that are driving social security into
Unless otherwise indicated, suspensions will begin with the opening of business on Monday, August 19, 1996. The information relating to matters contained in this section is current as of August 5, 1996. Information received subsequent to August 5, 1996, is not reflected in this section.
Firm Fined, Individual Sanctioned
Chatfield Dean & Co. (Greenwood Village, Colorado) and Scott
