It is NOT up to you to decide how I invest MY money.
This proposal is unconstitutional and can only be decided by individual states. Additionally you can simply warn people about the risks but not make it more difficult to invest or trade in certain funds as that is an undue burden.
Leveraged and inverse funds are important to my
investment strategies. Consider explaining ways I use
leverage and inverse funds, including that they help I
protect (hedge) my investments or seek enhanced returns,
and if I use them as a limited part of your overall portfolio.
Please do not restrict investor choices of by elimination of certain funds that have been previously available for us to invest with. I consider this to be a restriction of investor freedoms.
Dear FINRA:
I am opposed to the limitation of limits in the purchasing of leveraged and inverse ETF's.
Most sincerely,
Stephen F. Condren
I use this product all the time in my portfolio. I believe everyone should be allowed to use them.
Do not take these away from the retail investor.
The current safeguards in place to make investors aware of the risk of leveraged investments are currently sufficient. Any requirements to demonstrate a certain net worth or adding additional barriers to the investment process will hurt individuals' ability to invest and create further inequities in terms of who has access to particular securities.
