Please do not limit access to leveraged ETFs. At the most, perhaps a full disclosure from brokers regarding them could be helpful. Lets try to get the playing field between institutions and retail traders equal.
As Americans we deserve the right to obtain this currency! Some websites only accept crypto currency!
I should be able to make my own choice as related to investing. My Money My Choice.
I do not want any government touching my cryptocurrency , or regulating what I can buy and can't buy!
There is no need for FINRA to deny or block regular investors from investing in leveraged funds or complex products. I have been investing in them for years with no issues. The only thing FINRA should do is make illegal "naked" shorting of securities, commodities, or bonds. Naked shorting only serves the purpose of taking companies down or destroying commodities prices. Why this was
Regulations, can be made to make commerce safer for the consumer, as it can also be made to subvert competition in the market place. For too often, government has lent its hand, on the balance of trade, to favor some businesses over others, strictly for the favors of the favored. Time, for government to deal out real fairness in commerce, and to truly uphold the Constitution as written.
I am an adult American citizen, and I am perfectly capable of making my own decisions up to and including my investment decisions. I have been doing so successfully for most of my adult life. Let me decide that level of risk versus safety I need and how I achieve that balance.
Who are you to regulate my ability to select one investment over another? When I invest I am fully aware of the consequences of my choices and I do not appreciate your attempt to restrict access to my choices because you think I may not have the capacity to determine what's best for me.
If you're so smart, why aren't you rich and paying off your student loans?
I steadfastly disagree with any attempt to limit the ability for individual investors to invest in complex products including but not limited to leveraged and inverse funds.
I oppose to limit investors to buy/sell Leveraged ETFs.
