Regularly Use inverse funds as a head to my portfolio. Usually 80% long and 20% short. (Inverse). Provides an excellent hedge to my portfolio. Limiting my Inverse allocation will put my portfolio at higher risk - all the sector in the market go higher every year? Change sector allocation once a year.
I have already been aware of the disclosures and risks involved with leverage etfs. I have been trading for several years. It is obvious that you people do not work for the American people and instead work for your cronies. Keep making america corrupt is your goal. I can make my own decisions and if I lose money, so be it thats on me. With GME, it is obvious your protection isnt meant to help the
Comments:Please do not limit access to leveraged and inverse ETFs. These are great investment products which complement the portfolio. I think all that is necessary is a n advisory notice before trade execution for investors who lack in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.
While I am sure the intent of this proposal is to protect retail investors, things like quizzes on investment knowledge are ridiculous. The definition of complex products is complex. Do target date funds in everyones 401k meet that criteria? I think FINRA needs to take a step back. Retail investors should have access to all the products they need including hedged products, inverse and levered
It is in regard to FINRA and L&I. We don't need another regulation on the top of other regulations. My brokerage firm already provides ample warning regarding the risks. I find it sufficient trading these ETFs. I have been trading these ETFs past 25 years I know what I am doing and the risks. Government is not in the position to dictate what is good for me. No more
I not regulators should be able to choose the public
investments that are right for myself and your family.
Public investments should be available to all of the public,
not just the privileged.
Do NOT make it harder for all Americans to have a level playing field and freedom to invest their money as they see fit.
I have extensive knowledge of inverse ETF funds as well as Leveraged ETF's The assets I have with Schwab is in excess of 20 million Dollars and I have been trading Leveraged ETF's for over 20 years. I also have extensive knowledge of options.and I currently hold about 300 contacts of $SPX futures contracts.. I have never had a loss in any of the thousands of options I
i understand the risk of leveraged funds and request FINRA leave these ETF's intact
By inhibiting access to various trading/hedging vehicles FINRA/SEC is actually preventing the public from protecting assets during periods of extreme volatility. This is supposed to be a "free market", who are the regulators to impose directional opinions on the markets??
Limiting access to complex financial instruments makes dangerous assumptions about the general intelligence of the American public. And unlike licensing and restrictions for automobiles or firearms, uneducated decisions regarding financial tools can only hurt the investor themselves. It is not the government's job to protect us from every bad decision we could theoretically make.
