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.
There should be no restrictions on leverage ETF's. They serve a useful purpose.
I should be free to make my own decisions to invest in leveraged and inverse ETFs, which I have used to advantage in various market conditions for many years. I don't need someone else deciding if I have the knowledge and expertise to use these investment products. In my 60 plus years of investing, the choices I make regarding what to buy has made me wealthier than most of the regulators
Dear FINRA,
As mentioned in many comments already made by the others, only allowing professional traders to trade complex ETF such as TQQQ and SQQQ is unfair to retail traders, please don't do that!! Besides of risk, these instruments could also be used to hedge risk, everything has two sides!
I do support more carification from the issuer to investors of these instruments.
Thank you
My online broker just made me aware that regulations are being considered that would put additional restraints on my ability to trade leveraged and inverse ETF's. I object to what is unnecessary.
Following the logic the next step would be to put restraints on all online trading to the public. Then investments would be back to only being managed by brokers. Progress was made when
TWIMC, It is both condescending and patronizing not to mention highly insulting that regulators think the so-called underprivileged American does not have the capacity to think for themselves; I guess the statistic that most millionaires are self-made and not through inheritance should tell you everything about us. We should have the same access that the affluent and privileged American does. We
We have been under attack by this administration who think they know more about my financial decisions than I can do for myself, so please do not take away my ability to invest in whatever direction I wish to go as is the definition of LIBERTY!!
Freedom of investment for everyone.
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 use these issues to provide protection for specific positions in my portfolio, and there is often no other vehicle to that I can use to accomplish this purpose. Perhaps not everyone would be able to use these products effectively, but you could say the same thing about options, for example. Also, you should not punish people who can (and may need to) use the "complex products&
