This is dumb, maybe instead we should just educate people on leveraged funds more
Where are our freedom of choice? Are we following the trails of the Russians or other communist countries? You dont stop me from trading TQQQ after it falls down. How can I ride it up? Why do you discriminate against the public in favor of the wealthy? We are all equal. I am an adult and am responsible for my personal choices I make in my lifetime.
I, and only I, should be the one that chooses the proper investments for myself. Not regulators. You do not know what is best for me.
Do not take away my ability to make my own educated decisions about what I can and don't wish to invest in.
We should have a free choice to invest inside a regulated universe. A basket of leveraged fund is not different than a stock with high beta as both could react to volatile market conditions. Oftentimes, it is better due to some diversification benefits which is not available on a stock , which are spurred by speculative positions. Inverse leverage funds offer cheaper alternative than options to
I should be allowed to choose where I want to put my own money and when, I am of sound mind and have the ability to asses risk on my own.
As a professional advisor, I understand all the risks to my investments and therefore do not need regulation on what I can or cannot invest in. Individuals have different risk tolerances, and as such should have the freedom to match it.
Dear FINRA,
I am not interested in government regulators mandating which products I am allowed to investment in or not invest in. I am not interested in passing your tests or other arbitrary performances for you to demonstrate that I am capable of doing what I choose to do with my money. Did any investors actually ask for you to intervene on this matter? Please keep your fingers out of my
We don't need any more paternalism in the financial markets! My brokers (Schwab and Fidelity) provide ample warnings about investing in leveraged or inverse funds. I don't need a regulatory agency holding my hand as well. You cannot regulate away stupidity. There will always be people who lose their shirts by making stupid investments. I have a relatively small stake in a single
Please do not restrict small investors from investing in Leveraged Funds
