I oppose ANY regulation limiting my choice to invest in any product or service of my choice.
We should be able to choose the public investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
We shouldn't have to go through any special process
like passing a test before we can invest in public securities,
like
I have worked hard to make money and have found inverse products to be a great way to protect my investments over the years as well as a great way to make return and to protect my investments. Please dont take this great product away for just average older investors
I want the freedom to use investment vehicles I deem appropriate for my risk tolerance. leverage seems to be a problem for the large institutional investor. Individuals like myself use leverage at a much lower exposure. Regulate the institutional investor not the individual.
It is with utmost concern that I am reading this proposed rule change to limit retail investors like myself from trading leveraged ETF's. Trading these has been an incredible tool to enhance my portfolio. To "protect retail investors from the potential risk associated with ETF's" is just a cynical attempt by the FINRA industry to force retail investors back under their control
Government over regulation at its worst . Free markets also mean free to invest In them.
At least you should wait for the stocks to hit all time high (that will happen eventually) before you force people to sell their leveraged investments.
Otherwise you force selling at loss.
I am writing to voice my opposition to the proposed regulations limiting my ability to invest in leveraged and inverse funds. I believe I am the perfect example of someone who will be hurt from the proposed regulations. I have an education in business and finance and experience in the field. I did not grow up in a wealthy family and have worked hard to earn a small amount to trade and invest. It
Let me decide how to invest !!
I would like to have the freedom to invest in leveraged and inverse funds. I am investing my money and taking risks at my choosing. I do not want to be limited in not be able to make an investment in a leveraged, inverse or complex investment.
I wish to choose the public investments I invest in myself. There doesn't need be testing to purchase these investments as I fully understand leveraged and inverse funds. I use the ProShares UltraShort 20+ Year Treasury (TBT) to hedge against rising interest rates. Thank goodness this investment is available to the general public!