Please do NOT take moves to restrict my right to invest in leveraged or inverse funds. Whether I choose to make such investments should be MY decision, based on my own knowledge and judgment, not that of a regulatory body such as FINRA. I have used leveraged and inverse funds for many years, always as a very small part (less than 5%) of my investment portfolio. I use them sometimes as a hedge and
I feel that I have the right as a human being to invest anyway I like and in my family's best interest without the consent of a regulator I also feel that I have the right not to go to the school to take tests or any of that other nonsense I can understand the information just fine the way it's written now to be able to handle myself in any investment situation thank you very much
Comments: Instead of restricting investments in leveraged or inverse products, a focus should be on education. Explanation of risks and scenarios will help investors decide what they want. Certain automation steps may be helpful. Example- Limiting the investment in complex products in accounts that trade a lot, and/or limiting the amount of complex products as a percentage of total portfolio.
This is as misguided on the part of FINRA as it gets. The entire regulatory structure is built to support the "long equities all the time" theme. Decades of essentially free money have made publicly traded equities on US exchanges one of the riskiest assets in the world. When the bond market takes the printing press away from the Federal Reserve (it is not a question of if, but when),
We should be tested on our competency of markets to prevent uninformed decision making that can alter our entire lives.
Leveraged and inverse funds are important to my investment strategies. they help me protect (hedge) my investments and seek enhanced returns. Also I understand the risk and is only limited part of my overall portfolio.
Stop all government intervention in our lives!
Please keep government hands out of my investment options. Free markets made us rich, not politicians.
Regulators need to stop dictating what we as investors can and cannot due. The proposed regulations in rule 22-08 are akin to discriminatory voting test or other suppression tactics which have been used to disenfranchise broad demographic groups. All investments should be open to all. Regulations cannot protect us from ourselves. Restricting certain investments to high-wealth individuals or other
Regulators should not be able to choose what public investments are right for investors. Its our money not yours. By doing so youre only taking care of special interest groups funding your campaigns and lining your pockets with perks for their personal gain, therefore crushing the very people trying to get ahead financially in life! Who do you work for, the people or the evil specialist interest
