Leveraged funds have their place in a portfolio. The decisions by the Federal Reserve have spurred much of the gambling in the markets we see today.
Restricting leveraged funds is masking the root cause of todays issue of loose monetary policy and nowhere to save.
With all due respect, find something tangible to regulate.
Leveraged and inverse funds are a critical part of my investment portfolio. I use them primarily for hedging my portfolio which is of vital importance in this volatile market. Limiting access to these funds by requiring a min. net worth or special approval, passing a test, etc. reduces wealth building opportunities for lower- and middle-income people who need them more. Imposing these
This proposed overreaching regulation is ridiculous. There is enough needless red tape already. Stop please!!!!!
This proposed regulations impose further responsibility without concomitant rights. FINRA is regulating/legislating beyond the scope of their mandates.
Investors need more not fewer options in this dynamic climate.
I do not need you to prevent me from making financial decisions. Contrary to popular belief we are not dumb or stupid. Why do the rich get to have everything? I dont need regulation.
Please do not limit access. There is already significant extra information provided before being able to invest, and these funds provide easy access to a more efficient use of capital for younger investors, providing a larger set of assets on which I will pay taxes in the future.
The education and licensing requirements in place by FINRA already address the concerns the regulators are proposing. Please stop adding to the already onerous requirements we have to endure.
I am strongly opposed to this. This will limit the average investors capabilities to build wealth through incredible products only further exaggerating the wealth gap in the US causing a greater dependency on US citizen to rely on federal government financial programs.
Limit insider trader of the members of the US CONGRESS,
So they are not competing against my trade without any insider information.
Inverse funds are a hedge in a portfolio and are very useful even to an intermediate level investor. For example, SH ETF is simply inverse of the SP500. Not complicated like a derivative or something!