Dear Finra,
I am absolutely opposed to regulation on leveraged ETFs. I have been using them for years and they are part of my long term strategy for growth in my Roth IRA. I know the risk I am taking and I have a long time horizon for these investments. I have studied the markets for 20 years and learned about economics and even technical analysis of the price charts on my own through all
I am opposed to new rules regarding leveraged and inverse ETFs. I am a seasoned investor and conduct my own research. You should not be babysitting myself or my portfolio. There is plenty of information available already for the public to read and decide for themselves. You are stepping over the line in making this judgement that individuals need monitoring.
The cost of any bureaucracy to
As someone who regularly and frequently invests in publicly traded securities it is my view that the federal government and its agencies do not have the right to tell individual investors what we can and cannot invest our money in. How or when I invest my assets is my decision and should not be limited by anyone. Federal regulators cannot know or understand the individual investors risk tolerance
I have been a holder of TBT as an inflation hedge against higher interest rates for a while now. The position has been profitable and is becoming even more profitable with recent rate hikes. I am a long term investor and want to be able to choose my investments that I feel are suitable for me, I do not want my choices dictated by someone else. My trade was unsolicited and made with the full
While leveraged and inverse funds have different levels of risk than non-leveraged finds, the public should have access to these publicly traded investments, not just high net worth individuals. Inverse funds are an important means of hedging without selling a security or ETF short, which is (relatively) lower risk for an investor and an important part of my personal investment strategy.
Investors should be free to select which investments they feel are reflective of their risk level. It is asinine that the talk of banning leveraged ETFs is circulating when 18 year olds can place 100% of their money into a meme stock and then still access margin to double down on their stupidity, which is objectively more risky than a properly balanced, risk adjusted, leveled ETF portfolio. We
I and other members of the investing public are perfectly capable of reading and deciding what to read regarding our investment choices. There is no need for regulators to discriminate against and take opportunities away from lower net worth individuals in an effort to ensure that we read information we are fully capable of accessing.
Leveraged and inverse funds are critical to my personal
I am capable of understanding leveraged funds and their risks. I do not need these measures imposed on me. However, some better disclosure from the providers could be helpful to the public. Disclosures could include:
1) Predetermined plans for reverse and forward splits: "We will reverse split this fund if the value falls under $x.yz for a period of _________ days."
2) Better
Hi,
I came across this information that FINRA is trying to come up with regulations that will decide on who gets to invest in which publicly available securities.
I don't see any reason why FINRA should dictate what I should or should not invest in. I should be personally responsible and liable for my decisions.
Additionally this may create an unfair advantage for privileged few and
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