Dear FINRA, It has come to my attention that you are considering restrictive regulations on various final investment options that are currently offered for public investments. I am a small-time investor and do not have the same type of wealth that hedge fund and wealthy investors have so, I appreciate having the type of funds that are available today which offer various well-defined strategies.
I am vehemently opposed to regulators restricting my ability to invest in leveraged and inverse funds. I have been using such funds for close to two decades -- they are an essential part of my investing approach, allowing me to preserve capital in down markets by investing in leveraged funds using less cash for the same amount of "firepower." Restricting my ability to invest in
I have been investing in these types of securities for a very long time especially if closed end funds are included in the list, it has been well over 20 years and I already understand the risks and have ridden through the crash of 1987, the tech bubble, crash of 2008-2009, etc.
I think these types of investments (leveraged funds, etc.) should not be any more regulated than they currently are
Give your standard disclosures. Bring back the short sale rule! Keep the auto close for severe drops on the indexes. Go after the cook the book companies, and the insider trading crooks but do not deny the independent traders,investors or institutional financial firms the ability to hedge or out gain the standard index. The great thing about the United States is that one can take risk to possibly
While I believe that no one should invest in anything they do not understand, I do feel that any investor should be allowed to invest in any publicly available investment without restriction. Today, stocks are overvalued, rates and inflation are rising, and the government is printing money like never before. Will it all end badly? Of course it will, but if you put restrictions in place on what
Its okay for regulators to make regulatory actions on financial markets. However, I have found the proposals of Regulatory Notice 22-08 unacceptable.
First, Finra didnt mention what kind of financial products is complex, which means investors cant figure out what they can purchase prior to making transactions. Second, highly educated or high wealth does not mean you can invest successfully, not
Dear FINRA,
I am having a difficult time understanding why you may want to regulate complex investments. Ive been a stock and ETF investors for years. A core part of my investment strategy is the use of Leveraged and Inverse ETFs.
I prefer these instruments over options as options 1) have expiration dates, 2) are manipulated with changing spreads based on volatility and lastly 3) are more
I feel this is a radical proposal that is an over reach of power by our federal government dictating what instruments I can invest in. If FINRA thinks that hardworking Americans are too stupid to invest in these instruments and only the privileged should then it shows the disparity in fairness between the have and have nots.
I use inverse funds on a limited basis on a small portion of my
As a grown adult living in the United States of America, I believe that everyone should have the freedom to invest as they please, regardless of the privileges afforded to them by the circumstances of their birth or upbringing. Someone who is literate enough to purchase leveraged exchange-traded funds is similarly literate enough to research and understand them. In most cases, these leveraged
Dear FINRA regulators,
I respectfully and strongly oppose further restrictions on my right to invest. Public securities should be something anyone in the public trading space should have free access to, regardless of income, occupation, net worth, or privilege. This includes leveraged and inverse funds, things I often use to hedge or trade in a tactical manner in my own portfolio. My volatility
