I am vehemently opposed to any changes regarding leveraged ETFs. We should be able to make our own decisions with our own money. I use small amounts of leverage within my own risk profile. I fully understand the risks, and I've both hedged against them, and will not be wiped out if my leveraged investments go to zero. Removing this ability would greatly harm informed users.
Leverage is
Whatever information big institutions cane get should be available to all trader. It is fair market. Anyway to limit The trading right if average people poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for
Comments: I read the FINRA document and as a 30-year veteran of the financial services industry and held numerous FINRA registrations and licenses throughout my career I find this document to be a gross overreach of government regulation and intrusion into my personal financial decisions.
FINRA needs to be focused on educating investors, requiring adequate & appropriate risk
I believe restricting investment opportunities to the average investor damages public trust in the market's equality, something I already have concerns about. Large organizations already have key advantages in the market on the breadth of data, market timing and trade execution. By the act of choosing to invest through a platform or broker it is already assumed and advised that the investor
Regulators need to stop getting in the way of what they perceive as "risky" investments. With the internet age being in full swing, the general public is more informed than ever about investments. They can protect themselves about investment climates. It would be unfair to not let the general public being able to invest in the same instruments any other entity may be able to
To whom it may concern.
I feel it important to inform you that I believe we should be able to choose our investments and what is appropriate for our families. Working on the industry we have a good understanding of leveraged, and inversed leveraged ETFs and should not have to take examinations to demonstrate that knowledge. Due to regulations we have limited investments we can use in a bearish or
I am opposed to FINRA Regulatory notice # 22-08.
The decision for such investments should lie between a broker and an investor, akin to the relationship between a doctor and patient.
If additional investment risk information is needed, FINRA should promulgate it. I am and have been capable of understanding the investment risk with these investments for some time. I do not need the consequences
I am opposed to regulators interfering or restricting my rights as an investor. I use ETFs like these to enhance returns and often times even to protect me from downside risk (i.e. buying a market leveraged inverse when my portfolio has had outsized returns). I feel the regulators job should be one to provide information so people understand the risk, I don't feel they should limit my
Dear FINRA, This attempted infantilization of the American public is a disgrace. The American dream is one of freedom. Freedom to make informed financial decisions to provide the best possible life for myself and my family. All of human knowledge is available for free online and yet somehow derivative instruments are so complex as to need regulation by the government? So only the elite can
Dear Sir or Madam,
Please consider continuing the use of leveraged and inverse funds, especially those from ProShares. As a long time investor in both TQQQ and MVV, I am well aware of the risks and rewards of leveraging in both times of market appreciation and depreciation. The mentioned leveraged funds are another arrow in my quiver of diversification and ability to be financially independent
