Investor protection is always important, but it's impossible to regulate all risks to the consumer out of the market. Freedom of choice should be paramount in free market economy with regulators focusing on the appropriate disclosure of risks.
Since I have invested in leveraged and inverse funds successfully for several years to supplement pension income and have broker restrictions, additional requirements should not be required. At least I should be grand fathered in based on experience
Individuals investors should have the ability to invest in the crypto ETF if they want to.
MUST KEEP MARKETS FREE AND OPEN.OR ITS IMPOSSIBLE TO MAKE BUSINESSES MOVE, THIS INABILITY TO OPERATE AND BUY AND SELL COMPLETELY TAXLESS WHAT IS PRIVATE PROPERTY NEEDS TO STOP. BY TRYING TO CONTROL THIS YOUR KILLING A VERY GOLDEN GOOSE WHICH EXPANDS EVERYONES CAPACITY TO HAVE A BIGGER PIECE OF A BIGGER PIE
EVERYONE WINS BY TAKING TAXATION OUT OF ALL CRYPTO EQUATIONS, WE PAY ANY INTEREST TROUGH A
I strongly oppose any restrictions or limitations on ability of free trading and investing in any complex products as leveraged and inverse funds offered by ProShares.
Each person needs to make investments of their choice and not be determined nor controlled by anyone else.
The overreach of power will lead to civil unrest.
Greetings FINRA Principals,
This message is to implore your body to please NOT pass new, highly-restrictive rules/regulations on leveraged securities. I am a retail, middle-class trader/investor who uses these vehicles very judiciously - fully understanding the time decay factor and that they are not meant to be long-term holdings but instead, utilized for short-term swings only. These ETF
Comments: Let's know risks and rewards to investors and let them decide to invest or not.
Limiting investment ability is not good.
