I use inverse funds to "hedge" against downside risk in our portfolios and have for years. I want to be able to continue to do this.
I fear that FINRAs definition of complex products is so broad and arbitrary that it will be interpreted to cover simpler products. Please let us decide which public investments and securities meet our needs.
I am against more regulations that restrict the options of Americans to better themselves. Government over-reach
don't tread on me! let me make my own decisions and don't create ridiculous barriers
Dear FINRA,
I am hereby writing to object to the rule enhancement articulated on Regulatory Notice 22-08, which proposes a restriction on investors' ability to trade complex products and options.
I clearly understand your concern about investors making uninformed investment decisions on options and complex products specifically to leveraged or inverse exchange-traded products. However,
I oppose any regulations that would restrict the average investor from utilizing ETFs and other products that should be available to the public. Particularly when these products will be restricted to persons of high wealth. This is a blatant attempt at preventing persons of a lower income bracket from generating personal wealth and should be considered segregation of classes.
Individual investors did not blow up the economy in 2008 with the use of leveraged investments they didn't understand, over-leveraged financial institutions (and the credit agencies that bodies like FINRA failed to regulate) did. Are you planning on prohibiting those same financial institutions from using leveraged investment or are you going to once again bend retail over in the guise of
I oppose the leveraged/inverse ETF restrictions proposed in this regulation, which would disadvantage individual investors and greatly limit investment opportunities.
Leveraged ETFs are very helpful financial tool for retail investors. They are important to my investment approach. It provides investors access to a basket of stocks and in general it has protection against short raids by hedge funds. Please keep these important investment options around. DO not make retail investors even more weaker by taking this tool away from them.
Leveraged fund investment has allowed me to protect my current investment without selling of my current investment. Purchasing leveraged inverse funds hedges my current investment from severe losses without significant capital needs. They are simple and easy to purchase. Limiting access would increase the cost of Government, and allow for only the big players to take advantage of the
