All financial investments come with risks. Yes, some people will gamble their money away, but protecting people from themselves is not the appropriate role of this regulatory body. This is not an issue of protecting retail investors from fraud. The risks are well known and disclosed.
Market is never perfectly efficient, but these leveraged and inverse funds actually help investors like us to better manage risks and balance out the irrationalities in the market. Restrictions like this only postpone risks at best and impose longer-term threat to the market.
The risks with leveraged ETFs are very well accessible to the public. Investors have the right to take such decisions that result in a volatile portfolio. I may be a professional financial analyst, but leveraged ETFs should be available to anyone willing to learn and take the risks associated.
I am well aware of the risks with trading leveraged funds. This right should not be regulated! It is not any riskier than trading options or and other investments. The individual has a right to take the risks. DO NOT CENSOR OR TAKE AWAY MY RIGHTS TO CHOOSE!!!!!!
i do not need to be protected from myself with leveraged funds. I understand their investment role and associated risks. I balance these risks with blue-chip stocks and they provide a way to improve the overall return of my portfolio without excessive risky behavior like crypto.
After investing in the market over 30 years I understand the risk involved with different equities, mutual funds, leveraged ETF's, and ETN's. If I assume the risk, I should be able to make the choice not a regulator. Leveraged ETF's are critical to my investment strategy.
I have reviewed the documents and understand the risks of investing in leveraged products. I assume the risk, its made clear and the functionality of the instrument is also clear. I do not believe restrictions should be imposed on these investments as it will allow others, who are not restricted, to have an upper hand.
Do not put restrictions on the purchase of crypto coins, funds etc. I know the risks and so does everyone else investing in them and I and they are willing to accept the risks and don't need government regulations to "save" us, or "help" us, or restrict or limit us.
The FINRA is overstepping its authority by not allowing the average/retail investor to make their own decisions and take their own risks. Investing is risk taking by nature and its not fair for the average investor to be forced into buying only one type of investment (i.e. Long).
Please don't regulate these investments and prevent me from using them. They allow me access and ability to hedge more easily. Without these I would subject to market fluctuations and more at risk. This will likely increase my risk and not reduce it.