Comments: I believe that FINRAs proposed limits would restrict my access to L&I Funds and/or disqualify me from trading L&I Funds or other "complex products". I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. The
Please do not limit the ability for investors to capitalize on and benefit from downward movements in various assets. For example, any rational investor would foresee (as I have) a rise in interest rates, and would predict a decline in the value of bonds. Since I had a strong conviction this way, I enjoyed the wonderful positive returns from a 2x negative fund, TBT. Please do not limit the
I have the right to make MY OWN DECISIONS on ANY investment, including use of leveraged or inverse funds to help grow or protect investments.
We DONT need more regulations. Instead, we need better financial education and the schools at all grades fail to address this.
Comments: how many of you on the FINRA board are responsible for your own retirement? Ill bet you get a pension from the very government that Im betting will make a policy error. When The last fed President promised no more recessions, I wanted to find a way to bet against such arrogance. Not with your money, but mine. Ironically if Im right the IRS will tax me at a higher bracket. But if your
Comments: I have been in this business for over 50 years and one of my primary functions is to educated my client on what they are considering to invest in. It is time well spent so as not to have a customer say you did not tell me this or that. For someone else making the determination that this process was not achieved I am truly disappointed that an investment opportunity I recommended would
Comments:Limiting access to leveraged ETFs is the same as making it available only to an elite class or group.
Warning investors or traders of the higher risks of investing in or trading such ETFs could be sufficient and the way to go.
If someone is educated or trained or capable enough of investing in or trading the markets and of utilizing a trading platform, that person or entity is capable
Leveraged and Inverse products came of age during the Great Recession and were somewhat misunderstood during that period. However, since that time the providers of these products have done a great job of educating current and would be customers.
I use these products as an advisor and personally and enjoy the ease of use when it comes to protecting client and personal investments against market
Regularly Use inverse funds as a head to my portfolio. Usually 80% long and 20% short. (Inverse). Provides an excellent hedge to my portfolio. Limiting my Inverse allocation will put my portfolio at higher risk - all the sector in the market go higher every year? Change sector allocation once a year.
I have already been aware of the disclosures and risks involved with leverage etfs. I have been trading for several years. It is obvious that you people do not work for the American people and instead work for your cronies. Keep making america corrupt is your goal. I can make my own decisions and if I lose money, so be it thats on me. With GME, it is obvious your protection isnt meant to help the
Comments:Please do not limit access to leveraged and inverse ETFs. These are great investment products which complement the portfolio. I think all that is necessary is a n advisory notice before trade execution for investors who lack in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.