Everyone should have the right to choose how they invest!
I read with concern the notice from Ameritrade that there is pending regulation on my ability to self-direct my investments in my company's 401k plan into leverage ETF funds. For the life of me, I cannot think why this proposed restriction would be necessary. Self-directed investors are well aware of the risks involved with any sort of investment and should be free to take additional
Public investments should be available to all of the public, regardless of net worth. If attesting to having read information about an investment is deemed an appropriate balance, I would be supportive of that.
I have the right to invest in any funds I would like. This is against my rights the regulations that you suddenly want to implement.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST in leveraged and inverse funds
It is not regulation purpose to withhold or restrict investment decisions for investors.
I oppose FINRA's limitations on my ability to buy leveraged and inverse funds. These are public funds, but proposed limitations on my ability to buy and sell these instruments will make them available only to a select group.
I have used these types of instruments for many years as a hedge in my portfolio. I am certainly able, and motivated to understand risks and upsides to leveraged
Please don't take my freedom to hedge and invest with levered instruments.
I like leveraged etf and it gives a bigger return when being used properly.
