Comments: The education around the risks of these products has been openly communicated to me and other investors. Investing in any of these products is the sole risk of the investor. Many want to stay away from them. For me, it provides a great opportunity for my investment goals. These products cater to a unique need in the market and preventing anyone with those investment goals from accessing
I use leveraged ETFs everyday and am well aware of the risks involved. Pulling retail access from them cripples the idea of a free market. Removing them does not make the market any less risky for retail investors, there are plenty of retail investors who have lost it all on worthless meme stocks such as $GME. This proposal makes no sense once its thought out and reduces 0 risk.
I want to state me displeasure at your attempt to limit my investing in leveraged or inverse funds. I know the risks involved in this type of investment. One of the risks was not the government stepping in and potentially making my current investments plummet in value.
There would be so many rules involved I would have an extremely tough time selling my shares, plus I want to leave open the
Dear Sirs/Madams:
I object very strongly to any FINRA regulation which would limit my freedom to choose my own investment tools to manage my own assets. I have been an investment professional for more than 60 years and fully understand the risks of inverse and/or leveraged ETFs which I use as a hedge against market risk.
John M. Bruderman Jr., CFA charter 1841
Comments: I understand and use the leveraged and inverse funds of Direxion to protect and hedge my other investments .Limiting my access in any way is foolish. I find the disclosures of risks, transparency and education provided is excellent with the funds at Direxion. I find Fidelity brokerage also adds a very protective layer by requiring users sign off on their understanding of the risks of
As a 91 yr-old with over 70 years of experience in the Securities Markets__15 of those years as a Registered Broker__I have witnessed countless examples of inept actions by Big Govt. "Hedge Fund" connotes dodgy transac- tions in the view of most. And yet the basic strategy's been used with commodities, insurance and debt securities for 100's of years to REDUCE "risk
This is extremely disturbing information that FINRA would seek to limit individual investor access to more complex investment products. Retail investors are already saddled with significant disadvantages. This only serves to further stack the regulations against them. I invested in leveraged products fully aware of the inherent risks. To take these investments away from those retail investors
We don't need big brother controlling our financial decisions. This is not 1984! I've already graduated from school many years ago. I don't need to take anymore tests. Leveraged and inverse funds are used to control risk in my portfolios.
Taking them away only puts my investments at a greater risk. Please give me and other investors like me Freedom To Choose.
Thank you
I oppose any restrictions that would limit or prevent my ability to trade leveraged or inverse funds as part of my investment and trading strategy. These instruments provide a means to hedge investments in volatile market conditions. Investing in the market in general requires accepting a certain level of risk and I understand the risks associated with leveraged and inverse funds. Therefore, I do
Hi,
I am very concerned about the FINRA Regulator notice #22-08 with the following reasons:
(1) I should be able to choose the public investments that are right for my family. Public investments should be available to all of the public, not just the privileged.
(2) I am capable of understanding leveraged and inverse funds and their risks. Unnecessary measures and extra requirements actually