I have 10 years of experience as a Financial Advisor and 5 years as a CFP. I have the knowledge and experience to select my own investments and I dont want to be directed by a regulator who doesnt know me. Leverage and inverse funds are very important to me to hedge other investments from adverse market moves. Leave it up to the individual broker and the investment firm to help the client what
Leveraged and inverse funds are risky but can be rewarding, so investors should be allowed to make that decision not the government. Please respect my right to invest accordingly. Thank you.
To FINRA proposed regulation 22-08: sirs, I am an individual investor and have managed my own investments since I was 18. I am now 69 and invest in stocks, bonds, REITS, Options, and direct investments. I invest in opportunities that are publicly available and make my own evaluations. Restricting these investments by regulating hoops for me to jump through does not protect me, it just discourages
I submit that the current controls of the brokerage company when any investor invests in any leveraged ETFs / ETNs are adequate.
1. Every investor when trades in Leveraged ETFs / ETNs mandatorily signs the Designated Investments Agreement that clearly states the risk & the qualification
requirements.
2. Every time the investor places order of any Leverages ETFs / ETNs, the system
I believe that I, as an American, can invest my money in any vehicle I deem beneficial. Leveraged and inverse investment options are one of the many ways I choose to protect my capital. This is a direct attack on the individual investor!
INDIVIDUALS not regulators have the right to choose what we invest in! The investment market is already too restricted by limiting certain investment types to "high net worth individuals" and "accredited investors" which DISCRIMINATES against average people who want to invest. You're not allowed to make money unless you already have money! It is not
I do not understand the intent, but generally regulations that prevent freedom of choice and one's own destiny are not likely a good idea. Admittedly I don't understand the list mentioned, however initial IPO is very concerning, considering some of the richest people took those opportunities, why would we be denied such opportunities in United States, the land of opportunity.
Please don't take away my ability to invest in stocks like tqqq. I've used this to average approx 25% per year since the fund started. Right now, I'm in the situation where I will be able to retire in 10 years. If you take away my ability to hold tqqq, it push back my retirement by several years. Please don't do this. It will harm me greatly.
The only people that should be regulated are the members of Congress!
Let the taxpaying citizens make their own decisions.
You do not have the right to tell us how to spend our money or how we invest our money. Maybe you all should live by the same rules you have for us.
