These products are very valuable to my personal investing and hedging. I know the risks very well as a former RIA. Please leave these products.
The proposed rule will negatively impact many investors that don't meet the qualifications. The rule will only benefit the wealthy. Making qualifications on how people can spend their own money benefits only the rich and opens up channels of discrimination. I currently use a 3x leveraged inverse fund to hedge my portfolio. If the "demonstrate high net worth" is the same as the day
I decide my investments, nobody else!!!!!
Suppression of our freedoms and the road to communism!
I urge FINRA to continue to protect the right of choice in how to best protect our investment portfolios in order to help achieve long-term financial security. My fear is that regulations could be too broad and difficult to interpret and therefore, Unworkable: The definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities
Let us individual investors decide if we want tp leverage our bets or not. We are grown up adults for the most part.
It is ridiculous that FINRA puts in place rules which supposedly "protect" citizens, when in fact these regulations prevent ordinary people from making money on the stock market. Meanwhile, because regular people are excluded, Wall Street fat cats get to run rampant, making huge profits and taking money out of the middle class economy. As far as I can tell, FINRA protects Wall Street
I am fully capable of understanding and managing the risk of trading leveraged and inverse funds. I use them regularly as part of my portfolio. Restrictions on trading these funds will negatively impact my ability to manage my own investments. Hands off !
I oppose limitations on your ability to buy the Funds!
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I'm capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
