Free markets only work if regulation / government intervention does not impede them. Any reason for limiting investor access to any investment vehicle (after providing warning of complexity for novice investors) is likely anti-free market, and definitely government overreach. By allowing certain investors to invest in these funds, and not others, if obviously fraught with issues. The logic
Do you remember the tax act of 1986, it took back what was granted to investors in the 1981 tax act and slammed the entire economy into reverse for about five years. This is the same kind of action.
I would not use inverse ETFs, or short market.
I keep the exposure as s small portion of an overall portfolio, and have a large cash balance. So, using these, I can keep cash % larger.
Biggest single
I wholly and completely oppose any and all regulation that will take away from my ability to manage my finances in a manner that is appropriate to my level of comfort concerning risk and returns. Retail investors do not need to be saved from themselves. The proposed rules being considered are a simple tactic aiming to keep the rich, rich and the the poor, poor.
This proposal will take the
The discovery process allows the parties to obtain facts and information from other parties to the arbitration in order to support their own case and prepare for the hearing.
Please know I have been managing our (married) investments for approximately 15 years. This was after I fired our broker as their investment strategy did not produce the returns expected and the fees were excessive. Since taking control of our investments we are on track to retire in very good shape. This would not have been possible relying / paying others to manage our accounts.
The amount of
Dear FINRA,
I appreciate some of the thoughts in the SEC proposed rule #S7-24-15, however I do oppose restrictions placed on my investment rights. I'm fully aware that all investments come with risk, and it is my responsibility to read a prospectus and research my investments options and choices. As a hardworking member of society, I should have the right to use the money I earn whether
Good job with these rules. They seem very sensible. Too many people get suckered into buying shady products like these without really understanding what they are buying. The fact that companies are upset at the thought of people needing to really understand what they are buying is a huge red flag for me.
A Reddit advertisement is what brought me here. I mean really? I can't buy
I use leveraged and inverse funds sometimes to hedge or balance positions or respond to geopolitical changes: it is difficult enough to profit in the market without more unnecessary regulatory hurdles I have not encountered any of these ETFs that were especially opaque, hard to understand, or misleading: these products' labels do not need to be any clearer than they already are, nor
I oppose restrictions to my rights to invest and the rules should apply to all, not just the wealthy or privileged.
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.
Everyone should have equal rights and equal access to ALL investments without restrictions and
These rules seem to place an undue burden on me as an individual investor. I dont believe I should have to pass additional hurdles above and beyond what any other individual has to do. This country is founded on equal opportunity. That includes opportunity for success and failure. Anyone without the knowledge to invest in certain instruments would do so at their own peril. The existing
