leveraged funds are critical for average retail investors to obtain diversified exposure with some leverage. Please let us continue use as we see fit. Small mis-uses should not affect everyone else.
To whom this may concern. It has come to my attention that FINRA has proposed ne regulations that would limit my ability to invest in certain instruments, such as leveraged, or inverse funds. I am a truck driver who manages 80% of his investments. The proposed limitations/requirements would affectively lock me out of roughly 10/12% of my personal strategies that help me hedge against market
To whom it may concern,
Please make note that I oppose any and all limitations you are considering on my ability to purchase the BITO fund. It would be unfair of you to limit my ability to expose myself to any risk I deem acceptable when there are tons of other market risks that are less comprehensible than cryptocurrency ETFs.
I want to voice how upset this potential decision is for retail investors. FINRA should not be the arbiter of who they deem knowledgeable enough to invest in a product that is easy to understand. This is a gross overreach of power by FINRA and shows that the industry elite wants to limit what everyday investors can use to even the playing field.
Me not regulators should be able to choose the public
investments that are right for me and my familu
Public investments should be available to all of the public not just the privileged. I or anyone i know shouldn't have to go through any special process.
leveraged and inverse fund are part of my investment strategy. I am quite capable of understanding leveraged and inverse
As a individual stock trader, I think we do have the right to trade same stock as financial institutions and its such an arrogant idea to deprive us the right!
I would prefer to have the freedom and flexibility to make the financial decisions that are best for me and my family. That means being able to determine for myself whether an investment vehicle is too complex. This is not something I trust FINRA to regulate better than I can regulate for myself. The proposed intervention is unwelcome, unwise and oversteps the authority that FINRA should wield.
Please Stop trying to decide for me, my family and friends how, when or where to invested our hard earned dollars. It is an insult for you to think that because we are not Rich Enough for you, we are not knowledgeable enough to decide what a safe investment to make for ourselves.
I want to invest in these inverse funds
