Please continue public to invest on etfs which are allowed for public. Don't stop in between.
I have been investing for a while and run a systematic program of investing. Leveraged ETFs are very important to me and to my investing approach. I understand the risks and realize that there is a higher risk to any investment that involves leverage and this one is no different.
I do not want a third party evaluating my capability of managing these funds, and certainly do not want one
Hello Friends,
I appreciate FINRA's overall services as a regulatory authority but am asking you to leave my option in place regarding "complex" products, especially the inverse funds offered by ProFunds. Please do not restrict investor's abilities to buy these funds.
Thank you,
R. Kent Knight
Do NOT limit. Most individual retail traders understand these products. Worst case, just make us sign a waiver or agreement, but don't remove the products. I am realizing gains this year during a downtrend. There are far too many benefits to utilizing these products.
"Public investments should be available to all of the public"
It is highly discriminatory toward small investors like myself to limit our ability to invest in inverse and leveraged etfs. Small investors dont have the resources to short stocks and employ margin accounts to enhance their gains the way professionals do. An inverse etf allows you to hedge your portfolio during rising interest rates. If an etf goes against you all you need to do to protect
I not regulators 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.
- Leveraged and inverse funds are important to my
investment strategies. I use leverage and inverse funds to benefit in different market conditions, including that they help me protect (hedge)
I strongly oppose FINRA imposing limitations on my current ability to freely make my own decisions on my investments. Strict red-tape measures should NOT be introduced to raise retail investor barriers to leveraged and inverse funds as they will just add an unnecessary and time consuming layer of red-tape to cut through on top of already learning about the market and funds in the first place.
It is very important that I as an investor have the right to freely access the entirety of the public securities markets without arbitrary restrictions. It is my freedom to choose the investments that I believe will achieve long-term financial security. The definition of "complex products" is broad and vague. I am capable of understanding leverages and inverse funds and their
I am an experienced investor and have been investing in real estate and stocks for 25+ years and I have recently discovered a more niche market investment vehicle in the leveraged ETF funds. I have a diverse portfolio of real estate, broad market ETFs, Bonds, and individual shares in companies. All of these various vehicles offer a different risk/reward ratio and I am very comfortable with that
