Emphasis should be on transparency, education, and understandable disclosures. limiting or restricting access takes away choices.
Comments: The notion of limiting my ability to trade leveraged ETF is horrifying. This is over-reach and Big Brother at its worst. It is not for you to decide my appetite for risk.
I don't believe there is any need to enhance current rules for "complex products" as I don't believe leveraged and inverse funds are complex. The information provided by brokerages are enough information.
regarding the potential further restriction of leveraged ETFs : an investor does not him/herself borrow money to invest in a leveraged ETF, they simply buy it as they would any other security like a stock or bond. I personally invest in leveraged ETFs that track broad indices such as the S&P 500. Although these will be volatile, as they are levered, it is HIGHLY unlikely that they'd
Comments: Please do not make inverse and leveraged etf's accessible only to the rich. Current disclaimers are effective.
Comments: FINRA should not over-regulate the ETF market, which is quite efficient as is. I have traded ETFs for 40 years and they have served me well as far as picking a sector rather than a singular stock.
Comments: Please stay out of our individual choices. We don't need a nanny.
Comments:I believe that between the investment risk disclosures from my broker (Schwab) and my full understanding of the necessary monitoring of my accounts on a regular basis relative to these riskier types of investment/trading instruments it should be left up to the individual investor as to whether they feel adequately educated to fully understand what these instruments entail. I don't
Comments: I fully understand my trading strategy in Direxon's TNA ETF fund. It has been very profitable to me. If some investors don't understand it's purpose that's their problem and should not attempt it's use.
