Investment freedom should be preserved in USA.
I should be able to choose my investments without restrictions.
I am a low net worth individual who has used leveraged ETFs to help me invest. Taking these away will destroy my ability to move up in wealth class. Please dont kiddy proof these investments. They are some of the last tools we have left.
I do not see any good reason for FINRA to restrict an individual investor from buying leveraged and/or inversed funds. Shares of any company can go down to zero so one cannot say that one product is safer than the other. FINRA should focus only on irregularities at Broker-Dealers, Capital Acquisition Brokers and not interfere with the investment choices of individuals.
Thank you
Everyone should know what they are investing in and responsible for their own decisions and own the risk. Regulators should not choose the investment that's right for the individuals. Leveraged and inverse funds are very important in investment strategies.
Please maintain my right to purchase various leveraged ETFs, as offered by Pro Shares Advisors.
I am an experienced investor and understand the inherent risks and rewards.
Sir/Ma'am,
It has come to my attention that restrictions are being considered that would impose restrictions on the types of investors that can invest in leveraged and inverse funds.
I find the fact that this is even being considered to be deeply hypocritical considering the fact that many individual stocks (nevermind cryptocurrency) have similar or even more aggressive risk profiles
Leveraged and Inverse funds offer small investors important protection options under certain conditions. Don't take away these choices. You will not be helping those you presumably seek to help if you do.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. I should have my freedom to buy any stock/fund and I will take my own risk.
I dont want the government to limit my investment options