There is no need for this regulatory idea. Leveraged and inverse funds are not hard to understand. You buy them with the known factor that the risk can be accentuated. Fine, do your homework and learn. Do not penalize those of us that do. I had a leveraged S&P 500 fund for well over a year and did quite nicely by it. You do have to monitor leveraged and inverse funds. .
This is extreme overreach. Additional regulations should not be imposed that will prevent ordinary investors from being able to purchase the same investments they have been successfully investing in for years.
What are thinking about doing!!! Shorts are much more ILLEGAL than Inverse Funds! Shorts are WAY above and beyond the TOTAL number of shares a company has total in number!!!!!
While the financial industry does need strong oversight, this rule is too restrictive. I oppose this rule and feel like it will result in fewer alternatives for investors. The ability to use leverage can certainly increase or decrease returns substantially. I want the ability to take advantage of leverage.
Let me make my own informed decisions. I need more choices.
Spend your time protecting investors from real threats, punish politicians who inside trade on a daily basisleave leverage funds aloneI have the right to invest MY MONEY the way I want
Extra regulations regarding letfs are not needed as investors are aware of the risks. Investments types should be an equal playing field regardless of net worth.
No one should dictate to me what I can or cannot invest in. Stay out of our business.
I strongly oppose any proposal by FINRA to regulate my ability to invest. The implications of these proposed regulations are insulting and offensive on the surface, implying that investors are not capable of making wise investment decision. Perhaps the ulterior motive, however, is to limit certain PUBLIC investment opportunities to the "ELITE." We don't play that
As long as investors of any type have prospectus and disclosure, there is no need to ban leveraged products from the marketplace.
Regards,
William Lussenheide
