The inclusion of a diverse range of investment options (including leveraged and inverse funds, etc.), is the exact proof that the financial market in the U.S. is a leader in the developed world, with a fully developed market that suits the needs of all different types of investors.
Limitations on buying LEVERAGED AND INVERSE FUNDS are not reasonable. If FINARA really needs to put limitations on individual investment, cryptocurrencies and options should be banned instead!
I have done very well using leveraged funds. If you merely buy low and sell high, you can make far more money. It is easier and simpler that using options, for a small fee I let the fund do that. I also like inverse funds, which provides market liquidity and it is similar to selling short, but again easier for me. Please let me decide what, where, and how to invest. Please let me and my family
I wish to maintain my current freedom to invest in public securities of my choosing. Though the notice means to reduce the risk for investors, it will have an echoing effect across asset classes that may not be fully realized. America is a land where we grant greater freedom than most. This freedom has allowed us to create one of the greatest economies of all time. The reduction of risk exposure
America has free cap market to trade. We are not becoming a highly regulated market like countries without freedom. Individuals financial risk shouldnt be spread to the free market
Government overreach is getting way out of hand now-a-days. Individuals should be free to choose the public investments that they deem are right for themselves and their families. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to me and my own investment strategies.
It is really important for individual investors to have access to those financial tools to either speculate or hedge. You will put individual investors at great disadvantage.
Markets go down at times. Using leveraged instruments as a hedge to keep my portfolios safe in sudden downturns is the only way I can afford to stay invested in the markets as I enter retirement. "Buy and hold" isn't safe at my age. Fixed income products don't pay enough to cover my needs, and they have their own set of risk factors. The only way I can sleep
I oppose limitations on my investments.
Please do not hinder my ability to make my own choices for myself. This is an age in history where choice is being understood to be one of the most important freedoms we have. Please preserve our right to choose.
Thank you,
Dale Bradrick