I do not agree with FINRA's proposed limitations on restricting MY access to leveraged and inverse funds. I am not an accredited investor, but I spend a lot of time studying and learning about market behavior, which has provided me with great insight given my employment in the finance industry. I receive precautionary information from the funds and from my brokerage constantly. I feel as
Asset classes of any kind should not be restricted to average investors, giving the wealthy advantages and regular people a disadvantage.
Regulators should not tell the public what they can and cannot invest in for any public investment.
Leveraged & inverse funds are critical components in my personal investment strategies. I use many of them in my retirement and non-retirement
I am concerned that FINRA wants to impose restrictions on access to investment vehicles that are useful and valuable to many investors. I believe it would be a mistake to impose restrictions on the availability of one small class of investment vehicles when comparable vehicles are available without the same restrictions. Leveraged ETFs are comparable to the use of margin for example, which is
Whereas Federal bureaucrats ought not restrict the rights of citizens to participate freely in financial markets,
whereas I, not distant technocrats to whom I am a mere data point, ought to choose which investments are correct for me and my current investing situation / strategy,
whereas I should be able to access any investment or type of publicly traded security without capricious and arbitrary
I invest in leveraged funds.
They have been an important part of my long-term investment strategy for over four years.
I oppose restrictions to my right to invest in leveraged and/or inverse funds.
I am able and should be allowed should be able to choose the publicly traded investments that are appropriate for me and my family, not regulators.
Furthermore, public investments should be available
This would be a catastrophic move for investors who are deeply invested at this point in time. What would be better is a clearer disclosure with a clear example of what can happen to leveraged ETF's along with an acknowledgment of understanding. For Example: 1) Leveraged EFT's can lose value at a rate greater than the loss of the market. (Please sign and date that you
Dear FINRA,
I am opposed to the potential restrictions by FINRA on my right to invest in public investments. I should be able to choose the investments that are right for me and my family. Publicly traded investments should be available to all the public and not just the privileged. I am more than capable of understanding leveraged and inverse funds and their risks. I should not have to go
I have traded stocks for over 35 years and one of the most important rights we have as investors is the ability to make our own decisions on what specific investment vehicles we choose to buy and sell. Regulators should not limit this ability for individuals and should instead focus on finding those individuals or corporations abusing the system. Anyone that is investing should do their own due
I am commenting on FINRA Regulatory Notice #22-08:
- FINRA's proposed limits may restrict my access to L&I Funds or disqualify me from trading L&I Funds or other "complex products".
- I should be able to choose the public investments that are right for me and my family with public investments available to everyone in the public.
- I have a strong
Regulators,
I am an educated investor who has invested for 10+ years. I have educated myself through research and advise from my broker on how these securities work. I've learned great lessons from both the ups and downs. I have built a portfolio that is long the market. I use inverse instruments as a hedge against a downturn. Without these safeguards, I would be more exposed to risk and
