It makes NO sense to require testing and other regulatory restrictions on the use of inverse and related funds. I utilize them in hedging activities when risk within the market becomes excessive without the need to sell securities at short-term taxable gain. I have a brain and am perfectly capable of understanding and determining when to use such securities. I do NOT need PERMISSION from ANY
I am highly concerned about FINRA Regulatory Notice #22-08 because it could negatively impact the time and effort I have put into managed my leveraged portfolio. By imposing rules that restrict the freedom of my financial decisions, the regulation will make generalizations about who is sufficiently knowledgeable about leveraged products to use them properly. Adding special hoops to jump through
This proposed rule restricting my right to invest as I please seems a clear violation of my right to control and administer my own resources. I try to diversify my investments, for my holdings as a retiree are quite meager and I cannot afford to take big risks. At present I own only one fund involved partially in cryptocurrencies, and regard it as just a normal part of my portfolio. Why would
Remarks from the Bond Dealers Association Annual Conference
I highly disagree with the proposed restrictions regarding "complex" products, which isn't well-defined in the notice write-up. Not only would creating additional barriers and limiting opportunity to retail would have broader implications and negative outcomes for capital markets overall, but it removes the necessary risk management tools in an increasingly complex and evolving
As a registered representative, financial advisor and personal investor I would sincerely hope that I am never prohibited from using these funds in the future. If you want to ad investor education and or disclosures, so be it. But please do NOT reduce the availability of such products. As a rule of thumb, my firm does not permit the solicitation of these vehicles in my position. As for my own
Hello, First of all any rule changes should effect at least after 12 months (maybe 24 months) to be fair for the investors. We are using these funds generally to protect (hedge) our investment or sometimes to gain in a short time. We know the risk of the any investment which we are investing. So, actually/generally I oppose restrictions on my right to invest in public investments. Rules should
Dear Regulators, As an investor, 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 agree that there should be warning agreements that need to be checked that an investor understands what they are getting into and the risks, JUST AS ALREADY EXISTS. NO
STOP THE MADNESS! It's hard to believe that another agency is again wanting to control/restrict me, telling me how and what to trade. I am 66 years old, have been trading stocks since 1998 (24 years now). I am the only one that should be deciding on the risk of whatever stock or ETF that I (not FINRA) am going to invest in. I am abundantly capable of making these decisions on my own, and
I have just been made aware of FINRA's proposal to limit investing in certain securities by the general public. I understand the concern that uninformed investors could be harmed financially by making ill-informed decisions on these trades. I myself went through something of a learning curve, and lost a bit at first. I also never invested more than I could afford to lose, either on inverse
