I am neither a major nor wealthy investor. Reinvesting profits taken into more speculative ventures has enabled me to set-up modest 529's to assist in sending my grandchildren to college. I don't use any original funds or income for leveraged speculation.
Why do you feel the need to control my investment strategies?
FINRA,
As a member of FINRA, I request that you discontinue the pursuit of FINRA requiring restrictions on investing in leveraged or inverse mutual funds and/or ETFs. This should be a decision that investors make and not regulators.
Many brokerage firms already require special requirements for clients to purchase these types of securities. That is sufficient and appropriate because it is
dear regulators, leave the leveraged ivestments alone.! Go after the unscrupulous brokers who put people into unsuitable investments or churn accounts. You are apparently responding to a few cry-babies and squeaky wheels who don't understand a long-term investment. I find it interesting that you target these investments when the market is down!!!
. I, not regulators should be able to choose the public investments that are right for me and my family. I think public investments should be available to all of the public, not just the privileged
. I shouldn't have to go through any special process like passing a test before I can invest in public securities, including cryptocurrency funds such as Bitcoin, XRP and others.The public
To whom it may concern:
I absolutely oppose any attempt to restrict my rights to invest. We live in a system of capitalism. I have all rights to determine how my hard earned money is invested. Regulators have no right to attempt to restrict individual investors from investment opportunities. Leveraged funds are a small part of my portfolio, but I have the rights to choose how and when I will
people need to research their investments and know the risks. don't restrict investment choices because people are not taking the time to do this.
I wish to tell you in the strongest possible way that I am absolutely apposed to the government telling me or my family how to invest my hard earned money in public investments, especially inverse public securities. I have used inverse funds for years to protect my portfolio against major downturns like we are experiencing right now in the market. They are an important hedge against irrational
Please do not limit people from buying these types of funds. Investors should be able to invest how they choose with their money, we understand the risks. This would allow only rich hedge funds to invest in these funds and would be very harmful to retail and normal investors. Please do not restrict the access to these tools. Investors already have to agree to the risks when they open an account
Leveraged funds are important for young small time investors like myself to be able to have access to similar financial vehicles that large investors and institutions are able to use. I use the LETF's to be able to construct a balanced 60/40 portfolio that provides a higher risk-adjusted return than a stand alone index fund would be able to. Imo, there are many stocks that bare much
