PLEASE DO NOT LIMIT MY ABILITY TO INVEST IN VEHICLES THAT I FULLY UNDERSTAND WITHOUT HAVING TO GO THROUGH SOME CUMBERSOME PROCEDURE THAT COULD PREVENT ME FROM ACTING IN A TIMELY MANNER TO TAKE ADVANTAGE OF CURRENT MARKET CONDITIONS. WITH INVESTMENTS, IMMEDIACY IS CRUCIAL TO PROFITING IN A TRANSACTION.
FINRA's entire concept of restrictions for leveraged and inverse funds and dozens of other popular investments deemed to be complex is totally un-American and smacks of nannyism at its worse.
No one is forced to make any of these investments and some people are more risk averse than others. Investors should know their own limits.
Sports betting or casino gambling have risks too, but no
Please allow everyone the same right to decide what types of risks and benefits they are ok with. Don't just allow this for super rich. Don't need to prove ourselves.
Sirs: As an investment advisor with over 35 years experience, please accept this message as my opposition to regulation changes being considered regarding Inverse and Leveraged ETF's.
It is my belief that the advisor and/or the investing public should have the right to make investment choices for their accounts. Not the regulators.
As an experienced advisor, I believe I am capable of
all stocks are risky by nature.
You 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.
I very much oppose regulations/limitations on retail investor ability to purchase and trade leveraged and inverse funds!
Trading inverse funds or leveraged funds has pros and cons and is a staple in a traders portfolio to hedge correctly in times of high volatility. These are high risk funds which carry plenty of risk to traders already. There is no reason to ban the trading for non regulators.
It is extremely bothersome to me, given the overall facts. I am doing what is right for our Country, and you are wanting too now tell me when, and how I can spend my own investments ?
My entire Global Business Portfolio Strategy is focused on every single Investment Class Listed. Given the overall facts, I am already going to be fac as it relates too taxation
I have been licensed with the FINRA for over thirty (30) years. The advent of ETF leveraged, non leveraged, inverse, and none inverse have been of great service to the investment community of professionals and nonprofessionals.
I am encouraging you to increase the accessibility and availability of the entire variety of ETF products to the entire investment community without added regulations.
