I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Please allow me to trade leveraged stocks and etfs like SQQQ and TQQQ. Without extra regulations!
Thank you
Thank you for the opportunity to comment. Im retired. Im a former CPA and have studied investments for many years. Between managed funds with high fees and questionable performance, I prefer to manage my own portfolio and other investments.
I currently hold two leveraged investments. One a mutual fund and one is an ETF. They represent a very small part of my equity holdings. Their performance
Do not limit my freedom to manage my own asset. Broker house has done due diligent to inform me about the risk. That is enough!
It is incumbent upon me to voice my objection to the consideration by FINRA to restrict my ability to invest in public securities and their risks without first demonstrating my understanding or abilities to a governmental agency. As part of my financial portfolio, investing in leveraged and reverse funds allows me to take part in the great American dream of developing wealth. It is important
why do I have to ask for your aproval to invest my money???? it's mine . I earned it . Public investments should be available to all of the public, not just your friends at the elite
Principally I use inverse and leveraged funds provide a way to hedge against market downturn or increase the benefits from market movement in one direction. They are not complex... if one reads about how they work and their prospectus they are straight forward to manage. A microwave is complex until you read the instructions. Understanding the risk/reward of these products is not complicated
I do NOT need the govt telling me how to invest my own money. I have invested in leveraged funds for many years and they have benefited my portfolio a great deal. Stop trying to be my nanny.
I want freedom to choose for myself, I do not need regulation
To whom it may concern:
Leveraged and inverse funds are important to my
investment strategy. I use them on a limited basis and when I am extra bullish or bearish on a trend.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am
capable of understanding leveraged and inverse
