Investors have a personal obligation to educate themselves before investing in anything. People should have the freedom to invest however they choose. Some will make mistakes and some will win big, that's how life is. Its impossible to baby the stupid people without taking away the freedom of those who know what they are doing. Therefore, it should not be done.
Dear FINRA Administrators: I understand that FINRA is considering limits to individual investment choice and I am strongly opposed to any such action. I believe individual choice should remain paramount and what any individual invests in should not be limited by government or administrators who think "they know better." Please remember, if I choose to invest in a leveraged fund - I am
I have used leveraged ETF and inverse funds to hedge my trading account. These ETFs are important for me to achieve my investment goals.
Thank you so much for your consideration!
I'm 10-15 years from retirement as a senior business systems analyst for over 25 years, with an M.B.A. and B.S. Psychology (thus, understand stats, metrics, patterns, cause & effect), who's spent the past 5 years studying financial markets and investing research, primarily so that I can retire sooner or better, but also to better understand economics, markets and business.
Please do not restrict my ability to invest.
I am not a child, and I do not need FINRA to tell me where and how to invest. You do not have constitutional authority for your proposed regulations, and I am completely opposed to your attempt to make investment decisions for me. If I choose to hedge using inverse leveraged funds, that is my business, not yours.
I oppose the intentions of this even happening. Thanks for bringing this to my attention.
I object to this proposal. If I lived in Russia, or in some other communist or socialist country, I would expect this kind of government interference in my ability to make decisions about my investments. However, I am a citizen of the United States and I object to this unwarranted intrusion by the government attempting to restrict my investment decisions. What next? Is the government going to
We, as individual investors, have the freedom to invest our own money how we want.
I dont follow the logic on this proposition. People are allowed to yolo their life savings into penny stock options but a leveraged form of a much more diversified investment is being banned? It doesnt make sense to me. This seems performative and not addressing any specific issue we see causing problems.