I would like to request that FINRA not restrict our ability to purchase leveraged and inverse funds.
Modern Portfolio Theory postulates that our main resource for profit is a function of risk. Almost any investment can have its risk dialed up or down to meet our financial needs.
So, it is prudent to allow all investors the ability to decide for themselves and take personal responsibility for
I have used leveraged and inverse ETFs regularly and profitably during the market correction of the last 6 months. If not for the profit that I have made by using these ETFs as a very effective hedging tool, the value of my stock portfolio would have plummeted by more than 30%. But with the use of these leveraged and/or inverse ETSs as hedges, the overall value of my portfolio has gone up, not
This is another example of government over-reach. I should be able to choose the public investments that I deem are appropriate for my goals! I am quite capable of understanding risks associated with securities, as well as those associated with crypto-funds such as BITO. I do not need special processes passed on to me to pass a test, nor approval of my broker.
My investments are spread among
I understand with the influx of retail investors in the past couple years there is a need to help protect them from all of the complex investment options out there, however, restricting use is not the answer. It seems at every turn recently, the retail investor is used as the excuse for a problem that is caused by the major hedge fund and market makers. Retail traders do not have the ability to
Hello, Regulators,
Nobody likes you. Many (fully) understand what you failingly attempt to do. Billionaires get full access to an American Dream, freedom to make money and upward mobility (they already have it.), while you (failingly) try to disenfranchise regular people those who can use it most. Free, and open markets mean free for all: Try focusing on frauds as stocks, frauds, Chinese A.D.R.
I believe investors should be able to choose what investments that they want to invest in. I used these investments as a hedge for my portfolio. I do think that the acknowledgement of risk and investment experience should play a role in whether investors can invest in leveraged products, but the approval process should be similar to the process for getting approval to trade stock options. It
Regulators should not restrict my ability to invest in public securities, including leveraged or inverse funds. These types of investments are a valuable addition to my portfolio and provide additional diversification. For example, I have acquired leveraged inverse funds a few months ago (since the downturn of the stock market), in order to protect the upside of previous investments and offset
I oppose the regulations being considered by the Financial Industry Regulatory Authority. I have the right to choose which public investments I want to invest in. This should not be taken away to benefit only those with high net worth or a privileged few. I do not believe any process needs to be implemented in order to invest in leveraged and inverse funds. I already use them as important
I am opposed to the proposed rules adding restrictions on purchases of leveraged investment products for individual investors. Individual investors should have the ability to choose what strategies to utilize and the equities they purchase. Investing with leveraged and inverse ETFs provides me the ability to take advantage of market movement and sector activity without risk of concentrating into
Comments: To: FINRA,
I have been an active trader for many years using Leveraged and Inverse (L&I) Funds fairly successfully. I understand their limitations and risks from various literature/warnings and from my own experience. I strongly suggest that investors and brokerage firms do not need additional regulations to effectively use L&I Funds. This would only make these
