Dear FINRA- I am opposed to any regulation which doesn't allow me access to the same investment vehicles as the powerful, rich and well-healed of this planet. It comes to my attention that your organization is considering regulations which may prohibit or restrict me from investing with ProShares ETFs like the UltrraPro short fund. I have been investing my own money and receiving
I NOW use leveraged ETFs after stock market has plunged ~20% or so. For example i am leveraged now since sp500 dropped from 4800 to 4100 and i believe we have bottomed. Its a great way to rebuild my wealth, especially since i lost a lot of money on UNLeveraged stocks during 2001 dot com and 2008 financial crisis. Why weren't you not protecting us from dot com stocks and citibank and bank of
- It's abhorrent that regulators are proposing to choose the public investments that are right for me (not regulators). By definition public investments should be available to everyone, not just those who are of high net worth or in privileged positions. - I am university educated and capable of understanding both leveraged and inverse funds and the risks. I shouldn't have to jump
I am writing to express my objection on restrictions on investment for the working class people. The idea that I should not have the right to invest in ways that I so chose is something I would expect from Russia not the USA. Regulations such as these only serve the rich at the expense of the middle class. Our country has seen too many politicians taking rights away from its citizens. Everyone
Why is the FINRA taking away my ability to invest in the investments that I choose? I am a 34-year-old adult and I know how to be a big boy and take the risks of what I'm doing. Some risks, like driving or guns, have regulations in place because of the harm they place on others. However, what harm do my investments place on anyone but myself? As long as the warnings are in place, then we
I am writing to express my opposition to regulations being considered by the Financial Industry Regulatory Authority (FINRA), that may prevent me from being able to buy leveraged and inverse funds and other popular investments that may be deemed to be too complex for the average investor. I, as an individual, should have the ability to choose what investments are right for me. Public
PLEASE do not take away ordinary retail investors' right to trade these products. There is an inherent risk in any investment. People who participate in the market should be able to assess for themselves what level of risk they want to take on. If they don't want the risk, there are plenty of other vehicles to trade. Most importantly, these products are the only way ordinary
Hello,
I believe it is unfair to regulate what I invest in. I strongly believe that investors have the right to decide which public equities, bonds and funds they want to buy. To limit based on how much wealth an investor currently holds creates a disadvantage to those interested in creating wealth especially those who come from disadvantaged communities and populations. It is unfair to create
I'm confused about why these funds should be an issue for regulators. They have been just fine for the past several years, and now they become a problem? This issue makes me suspect, and probably correctly so, that there is "money" behind the regulation concerns. Someone is not getting their "fair share" someway or somehow, and therefore we need to
This is an unjust move to limit flexibilities and insurance for our future and retirement. Inverse funds help those of us who do not have millions and cannot gain access to our 401K to safeguard it from the market crashing. I understand that it is a risk to invest in inverse funds; however, that is a risk that I understand, and I am willing to make. There is risk in any investment. It's a
