I should be able to choose the public investments that are right for me, not the government regulators and I shouldn't have to go through any special process like passing a test before I can invest in public securities, like inverse funds.
Please do not restrict the right to invest in leveraged ETFs.
I have a PhD and have published in economics journals, so I have some expertise in this area.
Investors are currently allowed to borrow up to 50% of the value of their investments, so it is already possible to achieve leverage through these vehicles. But when the value of those investments fall it can lead to margin calls that require
I greatly value the options that leveraged funds provide. They are an incredible tool, I've been investing for 6 years and have used them for 5. I'm only 26 and don't have a high net worth right now, but I've been beating the market by 10% every year for the last few, even with COVID. It's a powerful tool, and just because some people can't
Do not restrict my ability to use leveraged or inverse funds. It is my money after all and an important part of my investment strategy. I understand the risks involved and have used these vehicles for years without incident.
I appreciate FINRAs concern regarding complex products. In this case, I think it is entirely inappropriate to place any restrictions them buying these types of products, but warnings would be helpful. I believe this for a number of reasons:
1.Restrictions hurt investors by taking away options. For me in particular, restricting access to purchase these products may ruin 10 years of work and a
Hi,
I came across this information that FINRA is trying to come up with regulations that will decide on who gets to invest in which publicly available securities.
I don't see any reason why FINRA should dictate what I should or should not invest in. I should be personally responsible and liable for my decisions.
Additionally this may create an unfair advantage for privileged few and
I should be able to choose my publicly offered investments or pay an advisor to do so on my behalf without a bunch of unnecessary regulations and requirements. Im sure if the usual basic information regarding investment pros/cons and risks would suffice in making financial decisions.
Hello. Although I do believe that certain investments are not for everybody, restricting publicly traded investments is not the right path. Fidelity Investments has a Designated Investor Agreement to have on record that I understand the risks associated with more complex etfs and investments. I feel that is enough of a warning, but please do not restrict me from using these for my personal
Please leave us investors alone and worry about more important things like the border, crime, ukraine, inflation and anything else but controlling retail investors.
Regulators should not be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. i.e CONGRESS..
