Who [REDACTED] is the government when it comes to an individual who wants to spend his or her money. If a person is able to buy stock they should be able to make their own choices and decisions. Where does the government get off making decisions for the people. The government is a big woke joke. They have gotten the taxpayers into more problems then they know how to get out of. The government
This is the most rediculous proposal I've heard in a long time. Inverse funds allows investors to stay in turbulent markets. Does FINRA believe passing a test makes you a better investor? Answer: NO. Without these products, individual investor choices become; exit the market, short stocks/ETFs, or options. If FINRA takes the proposed action, they will make lemmings out of the average
Regarding your considered regulation, I strongly oppose having index and reverse index ETFs having anything to do with it.
While I see some merit in making sure retail investors fully understand risks before directly trading on margin or shorting a stock, the proposal to restrict index/reverse index ETF investors is completely meritless; theres no specialized knowledge required to let the ETFs
Dear FINRA,
Please do not remove my right to purchase leveraged ETFs. The general public should not be required to have special privileges to have access to these financial instruments. Although these are complex trading instruments, they pose no more risk than many other securities that already available to retail investors.
Regulations should not be made to 2X funds, especially those that are
Please do not assume investors need a nanny state to tell them what they can or can't understand or invest in. These additional regulations are unnecessary and onerous.
I strongly oppose any restrictions to my right to invest in any funds that I want to invest in based on my own decisions.
The checks and balances are already in place. The prospectus' already make clear what the risk of leveraged investment or inverse investment tools are. The clearing brokers also ask the right questions before trading in these tools is allowed. The losses suffered by small investors who do not understand the risks they take are a just prize for ignorance. Nothing trains the
This is a ridiculous infringement on my right to protect myself and my investments. A well-balanced portfolio often includes hedges. Do you have hedges in your own portfolios? Of course you do. Please do not take away my right to do the same. I am a retiree, a taxpayer and investor, having worked my entire life. 1st the Fed props up the banks keeping interest rates near zero. We seniors got
Once again the government wants to protect us from ourselves. That should not be the role of government to treat us like we cannot make decisions for ourselves.
We should have the freedom to make our own choices and accept the consequences of our actions.
I strenuously oppose restrictions on my right to invest!
