Do not pass this bill to hinder free markets of America and the efficiencies they provide
Let the buyer beware. It is the buyer's responsibility to inform themselves or seek help. This "permission" in a breach of personal freedom. This ain't the country club....
As an individual trying to save for retirement outside of my standard 401k, leveraged products allow me to form a more capital efficient portfolio. I believe more education is the answer, not removing tools.
Hello FINRA,
These types of restrictions take away the opportunity for retail investors to engage in leveraged investing. It should be understood that by eliminating this you would take away the opportunity for investors to take on additional risk based on tolerance of the individual. Please consider that investments regulations should mitigate extreme risk. In these instances most investors
How about you fix naked shorting and governmental insider trading instead of limiting retail investors.
I have been using leveraged EFT's for many years and that is a major source of my yearly income. I'm well aware of the risks and I'm willing to take those risks. I've educated myself over the years in most aspects of the stock markets and use options extensively. Most financial advisors know little about using these investment techniques and are afraid to
Everything related to TQQQ and other leveraged stocks is simple and easy to understand. Limiting who can buy, use, or purchase them would impact investors around the world greatly
Restricting my access to leveraged ETFs will force me to seek other more risky investments
My broker already provides special notifications regarding such funds. That is sufficient.
I absolutely oppose restrictions like means testing. That is a regressive measure, creating barriers to entry for small investors.
Leveraged funds are a central part of my investment strategy. I have traded in them for over a decade.