As a retired RIA (registered investment advisor) I have witnessed the effects of accredited investor rules first hand. From my experience with my clients those types of requirements do nothing to protect the investor, or ensure they understand the investments they are making. I have seen high net worth, high income individuals make horrible investment decisions. And I have seen individuals who
Leave well enough alone !!!
American's investments should NOT be regulated NOR taxed by the Government!!!!
Protect our right to make our own choices.
My opinion is options contracts are far more inherently dangerous for inexperienced investors. I believe leverage funds have gone to great length to explain their products and cost and inverse funds can help mitigate downside risks in a portfolio. Neither leverage nor inverse inhibit what the market is designed to do: price discovery. Index funds also skew the market but are fantastic investment
This is a big overstep. Leveraged funds are a safe and good investment tool. If you are concerned about complex investments, options should be addressed first. Too many inexperienced investors get into options and lose the money they have invested. That needs to belooked at and further regulated first.
ProShares, a purveyor of leveraged ETFs among other "complex products", is canvassing its shareholders to submit public comments here. I am one such shareholder, but personally I'm glad that FINRA is helping to protect investors from the pitfalls of complex products, which, as the notice rightly states, can be dangerous to the uninformed. Increasing the barrier of entry to these
Its my money my right to invest in any thing I want that how it works in a free country
In a free country one should be able to invest in what they choose.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
