This is America. We dont need a nanny state. Investors should not be children. If they are they can learn as children do. Let investors have the freedom to invest as they see fit.
Leveraged funds allow for hedging in a long only account. They are a must for market corrections.
I oppose this regulation and limit.
To Whom It May Concern,
I am commenting to oppose the proposed restrictions.
As an average long-term investor, I normally use leveraged and inverse funds to protect my investments. I believe that I have gained knowledge of the benefits and risks of investing these funds. I believe that I should be able to determine if I should invest to these funds by myself, without having to passing certain
I have used these funds for many years and know what Im doing. I do not want restrictions on them.
we 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.
Respect the freedom of investing in any products that are approved and running in the free market.
Any restrictions should only be placed on the other side but not on the investors.
I urge FINRA not to further regulate the ability of investors to purchase complex funds including leveraged and inverse funds. Investors should have the freedom to choose their investments without judgment or approval from government regulators. The current regulations and disclosures of risk are sufficient. I am capable of understanding risks without government judgment of me.
Proposed rules
I should 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 shouldnt have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand the risks of leveraged and inverse funds just like the common
It's bad enough that financial markets are stacked against the little guy. Restricting market tradable products like these just continues to tilt the playing field towards Wall Street. Do not restrict us from leveraged / inverse funds!
