I DO NOT agree with regulators desire to restrict retail investors ability to freely trade leveraged investment funds and securities.
I am fully capable of making my own financial decisions and do not need or require a regulatory body to either approve or deny me the ability to invest however I choose.
Butt out of my business!
Do not attempt to limit/block retail access to leveraged ETFs
This being the United States it's still the land of the free. Each adult of sound mind deserves to educate themselves and have access to ALL investment vehicles. Even those investment vehicles that regulators or other individuals with a different risk profile would deem too risky or inappropriate.
Each person must make their own assessment of risk and whether that level of risk is
Please continue public to invest on etfs which are allowed for public. Don't stop in between.
I have been investing for a while and run a systematic program of investing. Leveraged ETFs are very important to me and to my investing approach. I understand the risks and realize that there is a higher risk to any investment that involves leverage and this one is no different.
I do not want a third party evaluating my capability of managing these funds, and certainly do not want one
Hello Friends,
I appreciate FINRA's overall services as a regulatory authority but am asking you to leave my option in place regarding "complex" products, especially the inverse funds offered by ProFunds. Please do not restrict investor's abilities to buy these funds.
Thank you,
R. Kent Knight
Do NOT limit. Most individual retail traders understand these products. Worst case, just make us sign a waiver or agreement, but don't remove the products. I am realizing gains this year during a downtrend. There are far too many benefits to utilizing these products.
"Public investments should be available to all of the public"
It is highly discriminatory toward small investors like myself to limit our ability to invest in inverse and leveraged etfs. Small investors dont have the resources to short stocks and employ margin accounts to enhance their gains the way professionals do. An inverse etf allows you to hedge your portfolio during rising interest rates. If an etf goes against you all you need to do to protect
