Comments: What kind of idiot would stop access to these funds? There great!
Comments: Who is FINRA to says that you are qualified to trade or not? This is government over reach.
As a registered representative, financial advisor and personal investor I would sincerely hope that I am never prohibited from using these funds in the future. If you want to ad investor education and or disclosures, so be it. But please do NOT reduce the availability of such products. As a rule of thumb, my firm does not permit the solicitation of these vehicles in my position. As for my own
Get the government and its allied organizations [REDACTED] out-of-the-way. PERIOD
Comments: I like leveraged and inverse funds. Each time I buy/sell, Charles Schwab gives me lots of warning about buying those types of ETFs. When I look at the fact sheets or prospectus of these type of funds, I see it very clearly that they are primarily designed for day trading and lots of warnings. I vote you let investors use "complex products" like these without restrictions.
Comments: Leveraged funds are advertised as risky and they communicate that risk in frequent newsletters for investors to remember the added portfolio risk
Comments:Please leave the funds alone as it is. If one doesn't understand the "complex products" - including leveraged and inverse funds (L&I Funds). They should not be in the trading these funds.
I oppose these actions which are going to take place. And to have an affect on these investments.
Hello, First of all any rule changes should effect at least after 12 months (maybe 24 months) to be fair for the investors. We are using these funds generally to protect (hedge) our investment or sometimes to gain in a short time. We know the risk of the any investment which we are investing. So, actually/generally I oppose restrictions on my right to invest in public investments. Rules should
