I appreciate the individual right to invest in leveraged and inverse funds.
Your proposed changes are not needed and not wanted. Warnings are already in place on all leverages ETF purchases. Adding burdensome regulations would punish experienced traders who make their living trading these funds.
Public investments should be available to all of the public,
not just the privileged
Dear FINRA,
I strongly oppose any restrictions to my right to invest, including inverse and leveraged funds.
I'm able to choose public investments that are right for my needs, we need less regulation on choices. America is free and EVERYONE has a right to choose not just privileged few believing their expertise is far superior than the common investor. I am able to understand and
I cannot state how much I am opposed to excessive regulations taking away my freedom to invest as I so chose. I utilize put options on these types of leveraged funds such as UPRO and TQQQ to acquire shares tied to the S&P and Nasdaq at a very advantageous price and then sell covered calls against the shares once obtained. I can make upwards of 5% on my money each month with
Of course it is important that investor have access to all the information and risks associated to an investment and the marketing of Investment vehicles must be strictly regulated to ensure that people are not incorrectly enticed into inappropriate investments. But the right to chose what investments are right for oneself is critical and must be protected.
Leveraged and Inverse Funds are a very important, PUBLIC investment that are a critical part of my investment strategy.
I understand why restricting them from some of the newer, uneducated investors is a valid concern, but those concerns can be handled in ways that would not restrict them from more experienced investors.
These are public investments that should remain open to experienced
I oppose restrictions to my right to invest in public investments.
I should not have to pass some arbitrary "test" in order to implement the investment strategies I think work best for myself and my family.
Opening up investments to everyone will lead to a more informed public and a more transparent investment environment.
I oppose any restriction on my right of investment.
It has come to our attention that under the regulations being considered by FINRA I may not be able to buy leveraged and inverse funds like TQQQ, SQQQ and others. I would like yo urge you to NOT implement these regulations. These funds are important to my and my husbands investment strategies and restricting these funds will hurt both us and others we have encouraged over the years to use to
