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
Lets replace all financial terms with fast food terms. To eat at fast food restaurants you must: Pass a health quiz Demonstrate a low BMI Receive a note from your doctor Attest to reading health journals Go through cooling off periods during which you cant eat You would never support a regulation like this. Let people make their own informed decisions you would say. Great, now apply this to
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
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SEC REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC) has proposed Rule 15c2-6 to address fraudulent, deceptive, or manipulative acts and practices used in connection with high-pressure telephone
Please do not restrict the public's ability to utilize leveraged and inverse ETFs as investment vehicles. These instruments provide investors with great methods to hedge portfolios, enhance returns, and fine-tune an investment portfolio.
I frequently use these types of ETFs to mitgate downside risks, target specific sectors, and hedge against market risks.
In my view, the public
Report Brings Attention to Opportunities and Risks Presented by the Technology
WASHINGTON— FINRA released today a new report, Quantum Computing and the Implications for the Securities Industry. While practical quantum computing remains nascent, the research examines how the emerging technology that relies on quantum mechanics to perform complex calculations could significantly alter the
Hello, I oppose restrictions to my right to invest. Regulators should not be able to restrict the public from investing. We investors are making informed and educated decisions based on market factors and the economy. It is rude to assume regular investors are not 'smart' enough to make their own decisions. It would be fundamentally un-American in all that is business to impose these
Dear Sirs and Madams: As a former managing director of a broker dealer I can tell you with certainty that regulations for leveraged and inverse ETFs are long past due. Although I have over 45 years of investment experience I was also ill informed about their characteristics and basically lost all of the money in my IRA which I luckily could afford. Now that I understand them I am profiting
The types of investments that could potentially be impacted by SEC Proposed Rule #S7-24-15 is lengthy and diverse, including Leveraged and Inverse Funds, and can legitimately be incorporated as part of a comprehensive investment strategy. These are publicly traded instruments and I am an experienced, educated, and informed investor. I should NOT need to jump through additional hoops to be "
