I'm appalled to hear that regulators want to restrict access to these investment products. Why is it that all of a sudden they are considered with complexity and investor protection when they weren't before. Do they fear that there isn't enough liquidity in the market to support the potential valuation of these products as the stock market continues to be volatile and
This proposal is a deliberate attempt to take the right away from the small individual investor to have and purchase leveraged and inverse funds in their accounts to take away the small investors slow reaction time (in comparison to Wall Streets fast computers). Small investors don't always have time to react to market dips and crashes. Large firms with computerized buying and selling
To apply these additional burdens to investors is absurd.
Why only allow the wealthy elites of society access to leveraged products?
Is FINRA my nanny? Can I not decide what risk is appropriate for my own family? Does one need to be so highly enlightened to understand levered products?
Will you start saying that Growth stocks are too risky and limit my ability to invest in them too? If not, why
Please do not limit people from buying these types of funds. Investors should be able to invest how they choose with their money, we understand the risks. This would allow only rich hedge funds to invest in these funds and would be very harmful to retail and normal investors. Please do not restrict the access to these tools. Investors already have to agree to the risks when they open an account
I oppose further regulations to public investing. It is my humble opinion that instead of trying to implement radical and unprecedented regulations to restrict public trading that you focus your time and energy on educating the general public. I believe the regulations proposed by Rule #22-08 will help continue the current trend of the rich getting richer and the poor getting poorer. I have been
I do not feel that I should have to go through hoops to make investments that I feel I am comfortable making. The government doesn't regulate my selection of houses I could buy (an investment in a volatile market), so I should not be restricted on my investment selection within the stock market. While I am Series 7 licensed, I still think it is excessive for anybody to have to take what
We should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
We shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds.
I use leverage funds as small part of my
Big Bankers, and stock Commodity Firms, do not have the right to manipulate the voice of the PEOPLE, WE THE PEOPLE have put our money into these firms to grow retirement accounts, we did not choose to be deceive and make laws that fit their agenda.
a well as, some Americans have ethics, you many not be privy to that work, it means that I would like to invest in American owned companies, and not
I would like to retain my rights to invest in the type of investment vehicles I choose. I believe I understand these types of investments and would like to use them when I chose to do so. In particular I would like to use an inverse ETF vehicle when I think the market is going down.
This gives me the option of buying an ETF like a stock when I think the market is going down. The alternative
It has come to my attention that FINRA is considering further regulating certain leveraged and inverse ETF funds by placing additional requirements on who may trade them. As someone who has traded in stocks, bonds, mutual funds and ETFs for nearly 30 years for my own portfolio and 3 years as a Series 6 and 63 Registered Representative, I oppose such a restrictive move as a dangerous overreach by
