Inverse and leveraged ETF's provide a valuable vehicle for knowledgeable investors. Eliminating these products does not make the investment landscape any safer. On the contrary, limiting these investment options will reduce the ability of investors to hedge or make profits from falling asset prices. I do not want, or need, some government dork to protect me from myself. Please make
I see no reason I should be restricted from making money / profits from leveraged products as an individual investor. As an individual investor I want the ability to invest as I please without burdensome and frankly unnecessary impositions by regulators or obtaining the blessing of the provider of my brokerage account. While I could support limited net worth requirements I believe no one who
Please, do not take away my freedom to choose how to invest my money. Also, please, do not forget we are in America, and we should not start restricting peoples freedom like China, Russia, and even the European Union. If there is a problem with the education people have when investing in these types of assets, then let's improve that! Taking away freedoms does not resolve the problem!
I think it should be up to investors to decide what they want to invest their money into. I understand what crypto is probably more than any of the law makers (unfortunately). Having crypto exposure in my retirement fund is key to my investment strategy. Funds such as BITO are complementing my investments, not hurting them. By restricting crypto trading you are leaving the hole US market at a
I don't need or want any government agency determining my capacity to understand "complex products." The trade of leveraged & inverse (leveraged) products allows smaller investors to take on asymmetric risk with very little liquidity. This allows me to insure large portions of my portfolio during down-turns with very little cost/risk; something I would
People should be allowed to prosper under the constitution and do better then their forefathers the very privileged dont have the right to stop Americans from investing to get ahead nor raise prices to keep those here in America from coming out of poverty through investing in instruments that can help nor cap Disabled from accumulation of assets by prorate their incomes through penalization To
To FINRA regulators, I've heard that you are considering to potentially deny me the freedom to choose investments that could help me protect my investments no matter what the market conditions are. The ability to purchase hedges allows me to keep my long-term investments intact and if you decide that I don't have the knowledge or skill to use them then perhaps you'd like to tell me
Last Voting Date: May 31, 1994
SUGGESTED ROUTING
Senior ManagementLegal & Compliance
Executive Summary
The NASD invites members to vote on proposed amendments to Article III of the NASD By-Laws and to Part I of Schedule C to the By-Laws to require that initial application for NASD membership be reviewed by a Subcommittee designated by the District Committee, with right of appeal
I am not a major investor but have some funds that I actively manage which I am hoping to use for my kids college fund. I need the flexibility to decide if I want to be long, short, leveraged or not on my positions. I am not a high new worth individual or professional investor but I understand the risks I take in going short on a position or having a leveraged position. Largely these positions
I am capable of investing in risky assets like inverse leveraged and leveraged accounts. I do my research with high quality support from FundStrat and read Barrons, Wall Street Journal and follow many analysts. Me not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the
