I am fully cognizant of the risks and opportunities in investing in leveraged funds. I should retain my ability to choose my risk levels and such choices should be available to the public at large, not only large futures players. Inverse funds are a way of hedging portfolio risk - Do not make me jump through inordinate hurdles to do so or else I may consider withdrawing from US markets
This is ridiculous that FIRNA is attempting to block me from investing in inverse or complex products when I know enough about what Im investing in. This is an outrage and should be protected for all retail investors.
The only reason this is happening is because a larger number of investors are investing in these waiting for markets to turn south. Ive been watching and waiting since 2008 to
Investments should be for all the people.
I oppose limitations on my investments.
This would be a catastrophic move for investors who are deeply invested at this point in time. What would be better is a clearer disclosure with a clear example of what can happen to leveraged ETF's along with an acknowledgment of understanding. For Example: 1) Leveraged EFT's can lose value at a rate greater than the loss of the market. (Please sign and date that you
Crypto has so far saved my retirement. It is important that access remain open. I pay taxes on the gains which gives more for the government to waste.
RE: FINRA Proposed Rule #22-08 We dont need more people telling us we are too stupid to handle investments on our own. It will turn into another rule for us but not for you. We have too many regulations now.
First and foremost this is a FREE COUNTRY! I am quite capable of critical thinking, I can and always have been able to manage my accounts. The socialist agenda is a cancer that seeks to destroy our rights, our constitutional rights, our country.
As an adult, I don't need protection from "myself". I have my own ideas of how and where to invest my "earnings". Rhetorically speaking, do you regulate casinos, lotteries or any other gambling activities where millions of dollars are spent foolishly by people who actually think they are investing in a payout? Conversely, do you make suggestions of
I shouldn't have to go through any special process like passing a test before I can invest in public securities,
including cryptocurrency funds such as BITO.
I ma capable of understanding cryptocurrency funds such
as BITO and their risks. Let me decide on my investments and what is right for me and my family. Public investments should be available to all of the public,
