FINRA administrator: I am writing to urge you to not infringe on my ability to direct my own investments, particularly regarding inverse or so-called "bear" funds. We have governmental bodies and procedures in place to determine if a person is mentally fit to manage their own affairs. Barring a determination that I am unfit to do so, I should have every right to invest my assets in the
Leveraged funds are important to my overall investing strategy. I understand the risks of investing in them and use them as part of a broader portfolio of investments to enhance my returns. In my opinion, leveraged etfs provide a MUCH safer alternative to many other common methods of increasing returns such as margin, options and investing in penny stocks. It would be unfair and unjust for
I am strongly against FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products".
I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly.
My
I have over 20 years of investing/trading/option buying and selling experience and 10 years using leveraged funds. I am opposed to any investment restrictions. It is up to us individuals to manage our money properly, educate ourselves on investing, limit risk, and choose the right investment that fits our income or net worth. Some people may choose to gamble on high leverage investments, but
I strongly oppose restrictions on the ability to invest in complex funds. I understand that complex funds carry unique risks, but I and other adults are fully capable of performing our own research and analysis. We are capable of coming to our own decisions regarding whether or not to put money into a riskier investment. The ability to choose should belong to individual investors, not regulators
I think the current requirements for self-directed investors are sufficient and there should not be more restriction on people to invest their money. The underlying premise that retail investors do not know what they are doing is flawed. What we need is less control and not more. Retail investors do not want to be forced into taking services from industry professionals and want to develop their
I not regulators should be able to choose 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
I'm strongly opposed to any restrictions on leveraged/inverse funds. I feel I should be able to invest in these funds without passing a test, special approvals, or having "high net worth".
Every investor is able to decide for themselves and understand the risks of leveraged/inverse funds. Regulators should not be a part of that decision and should stay out of the
The proposed rule would be a huge misstep. Investing strategies which use leverage, especially leveraged exchange-traded funds should not be restricted to the rich, they should be available for every investor. Decades of investment research show that maximizing the efficient frontier using a diversified portfolio, such as stocks and bond funds, and applying leverage is superior to individually
This proposal:
-Hurts Investors: It could potentially deny you the freedom to choose investments that could
help you achieve long-term financial security.
Is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary
and vague that it could ensnare a vast number of commonly used public securities. Tests or
URGENTACTION NEEDED BY MAY 9TH
Your ability to freely invest
