Hello whoever is reading this, hope your day is going well. I am a young investor with a few years experience actively trading and learning about financial products. Even though you're looking at making changes to how a wide range of complex derivate products are regulated, but I would like to talk specifically on leveraged products as they are what I am most familiar with. I'll refer
I should be able to utilize all of my OWN personal resources and education, to invest as I wish, at my own risk. We don't need government to police or determine where I'm qualified to risk my own hard earned money. Leveraged and inverse funds are important to my investment strategy, and it would be an unfair advantage to the larger investors to take that away from us little
I am capable of understanding the risks inherent to an investment product.
So is this public, this is the crypto age. It isn't like we little people do not know what risk is, and need a paternalistic guiding hand to prevent us from hurting ourselves.
This honestly looks like a bunch of rich old guys cutting the rope ladder to keep everyone else down.
"Leverage for me, but none
Even though I am a relative small investor and by regulator standards may not be considered sophisticated enough to make leveraged or inverse trades, I believe that I should bear that risk and be able to participate in such trades in a timely manner. I am capable of evaluating such products and that should by my responsibly and authority. Current warnings and required statements by brokers are
I should be able to choose any public investments that are right for me and my family. Public investments should be available to all of the public, not just certain people.
I shouldn't have to go through any special process like passing a test before I can invest any public securities.
I are capable of understanding leveraged and inverse funds and their risks.
I can accept my own risks
Dear FINRA
I have invested in the VXX many times as I have used this to make money when the market is volatile. I am not a high net worth person but feel strongly that I should continue to have this option. I am aware that it is a higher risk but I am willing to take that risk. I do not believe that you should take that option from me. Thanks for taking my feelings into consideration.
Dear FINRA,
As mentioned in many comments already made by the others, only allowing professional traders to trade complex ETF such as TQQQ and SQQQ is unfair to retail traders, please don't do that!! Besides of risk, these instruments could also be used to hedge risk, everything has two sides!
I do support more carification from the issuer to investors of these instruments.
Thank you
Respected Regulators, Leveraged and inverse ETFs help me hedge my portfolio and I would really appreciate if you don't impose any rules such as passing a test before investing in such ETFs. Investors understand the risks these risks since the information is widely available. I would really appreciate if you let investors choose what works best for them. Thank you!
There's absolutely no reason to put restrictions on investing in leveraged and inverse funds. All investments carry risk, and those risks in this instance are NOT somehow hidden from the investor. If you start implementing restrictions, where does it end? Because the very same argument for them here, can be used elsewhere as well. Please do not take investing down that dead end road.
I have used leveraged and inverse funds many times as I grow my holdings, I don't want my ability to use these types of funds restricted. Please do not add another layer of regulation to the use of these funds. I would not be opposed to a better level of education of the risk of these funds, perhaps included in a simple and basic explanation for rookie investors to better understand the