Dear Sir or Madam:
I am a responsible, literate adult who is quite capable of researching my own investments. I take full responsibility for my successes and failures as an investor. Now, more than ever, I and other investors need ways to hedge against large drops in the stock market. Your proposal of these restrictions is very suspicious, and actually makes it more obvious that now is the
Since I earned my own money I think it should be up to me and only me to choose how I invest it. Sounds to me like you are trying to only certain people the ability to invest in these investments discussed herein. That is ridiculous.
Do not over regulate. apply rules that protect the consumer/issuer but let free market run
I understand that not everyone understands leveraged and inverse funds, but some do and can benefit from access to them. It seems that sweeping everyone into the same category hurts as much as it may help.
I don't believe FINRA should restrict 'complex' products from average or retail investors. All trading has risks and where does FINRA stop in regards to restricting retail traders, this is a very slippery slope. Sure it makes sense to have brokers post messages on some products, but this feels like a ploy to hurt retail investors not protect them. This should not be
Id prefer investors like myself retain the option to invest more ways rather than less. Curtailing investment options is a slippery slopewhere does it end? Today its levered funds, tomorrow its something else deemed exotic.
Dont take this path.
It comes as no surprise the regulators seek to take away wealth protection tools at the moment of reckoning on their self-serving, malinvestment encouraging policies coming to roost. Nobody went to jail in 2008. Nobody will go to jail in 2022. It's tragic what they have done to this country, and for the life of me I cannot understand why they are doing it.
To whom it may concern:
Please do not limit my access to these types of investments. I have been using them for several years and find them useful.
Investing in Proshares is easier and less riskier than individual stocks that are easily manipulated by Wall Street algorithms. In case regulators seriously want to protect investors, then abolish shorting activity from stocks and market so this casino activity triggered by Wall Street can be stopped.
There is no need for any additional regulation on these funds. The risk is spelled out on the prospectus. These products give the average investor the ability to trade the indexes, either long or short, in a reasonably priced fund, as opposed to trading the DIA at 338.00 per share. Level the playing field, not the other way around.
