As an informed and educated professional, I should have the right to invest in whatever funds I please. Leveraged ETFS in particular do not pose a risk to my personal financial freedom or wealth. As someone who has read the prospectus of UPRO, TQQQ and TMF, I feel that it is my right as an American to express myself freely supporting these leveraged funds. I know the risks that come with these
Leveraged and inverse ETFs offer regular investors a safe way to invest in a wider variety of securities, achieve higher returns and meet financial goals faster. Without these instruments, achieving these returns would require investors to take risky short positions or margin trade, which are much riskier than being able to invest in these funds. My brokerage already has adequate warnings about
No one needs any measure of exam in order to invest. Any one can and should be able to choose public investments that are right for me and my family in any way shape or form. Public investment can and should always remain available to the public. No one should be excluded in any way shape or form. What is being done is trampling on the rights of the private citizen as a worker and as a provider.
I should be able to choose, I have been choosing for myself for 4 yrs and nothing has happened to me, I spend this new money and file my taxes on it. Have I lost some money from bad projects yes, but that was my choice, but I have make more that I lost, I have gained 80% and lost 20% and I am okay with that because I learned to do my home work on my investments, see want the project is solving
There is not any problem that needs to be solved with respect to leveraged and inverse ETFs. Leveraged and inverse ETFs are critical components of my trading and investing; they allow me to achieve enhanced returns and also help me to protect my portfolio during market downturns. I have actively traded and invested for over 30 years and monitor my accounts on a daily basis. I am certainly capable
The purpose of restricting individual investors to purchase leverage ETFs by FINRA is questionable since my stock broker, Fidelity, already informs investors volatility and risks of losing capital seriously. Those who are trading leveraged ETFs are well aware of the consequences and ready to be responsible for high market volatility. In reality, most of novice individual traders don't
Proposed Rule Change to Amend Rule 6191 to Modify the Date of Appendix B Website Data Publication Pursuant to the Regulation NMS Plan to Implement a Tick Size Pilot Program
There are many reasons this would be an abomination, but I will just go into one. Since the beginning of the NYSE, people have been fighting to democratize the market and make it accessible to all. It is in everyone's best interest that the market is accessible to all. This rule change would destroy all the work to make the financial markets accessible to all, regardless of status, race,
As an investor, I am opposed to the additional regulations proposed in Regulatory Notice 22-08 restricting access to certain complex products.
There are sufficient requirements to provide information on the behavior of these investments and more than enough regulation on broker dealers to supervise the purchase and trading of these instruments.
We cannot regulate our way to more intelligent
Hi FINRA,
I'm mildly opposed to a regulation banning "complex" financial products if it ends up covering things like 2x or 3x index funds (or even inverse funds). I can imagine folks getting themselves into trouble with these, but no more so than they already can with options and futures. I guess it's a bit worse insomuch as someone get get these funds in a
