Most leveraged funds SHOULD probably be restricted to certain qualified investors as they often have extraordinary risks that the casual or long-term investor may not be aware of. The risks need to be clearly explained.
There is nothing illegal about it, its just another trading vehicle. All currently permitted forms of trading involves some dimension of risk. It is upon the investor to understand the risks.
I use leveraged funds as part of my investment strategy. I know the risks. I have multiple advanced degrees in technical fields and can calculate the risk and expected value of my own decisions.
Notice of Special Meeting of Large Firms and Proxy
I would like to express my concern with this type of regulation, it limits the ability for people to make there own investment decisions. All investments have risks and should be up to the investor to understand the investment and risks
What makes a leveraged etf any riskier to invest in than any other etf? Adults can understand the risks and make decisions based on those risks without government help.
I think that access to leveraged ETFs should not be limited because each investor knows the risk and they are a very useful alternative for the investor, any investment carries a risk and that is something that the investor knows
I am deeply saddened by this new proposal, I have several investments in leveraged funds and I fully understand the risks involved.
Please don't put any restrictions and put our current investments at risk
I understand the risk of leveraged and inverted products. I use them for risk hedging. Im taking the series 7 exam. Meanwhile Im the securities industry registered representative in Japan. Thank you.
Comments: -I do not think FINRA should propose limits that may restrict our access to L&I Funds or to disqualify us from trading L&I Funds or other "complex products". Regarding myself, I am an individual investor. I have good understanding of whole economy, market and fundamentals of equities and ETFs. I have MBA degree from Carnegie Mellon University business school. I