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You should be worried about Congress using insider information to enrich themselves. If the general population wants to risk THEIR money, its THEIR choice if you do this, the effort to make the rich richer while the poor have no hope will become obvious. Let them eat cake is a bad strategy
FINRA should not restrict my ability to utilize leveraged and inverse funds as a means to grow wealth for my family and our future. I don't need you to further encroach on what has been a successful approach to wealth creation by adding extra and over-reaching restrictions and requirements like tests, net worth measures, cooling off periods and broker approvals. You are over-reaching
Most people get that investing is risky. If they passed high school, they'll have learned about things like the Great Depression where people lost everything on their stock investments. If anything, the burden should be on the organizations doing a fundraise to provide all the information that people need to make smart decisions and establish that they aren't going to pull the
Please do not limit my ability to invest, it's my own money
We don't need more regulations on the citizens. We need more regulations on our government.
Hello,
I have been using Leveraged ETFs for about 13 years and have not had an issue on understanding this product and I am a retailer investor. I think the companies have plenty of info on their website to understand the product. If not there is google to better understand it. I dont see the need to restrict access to these products. Maybe a notice to read more info about it should suffice.
This is unnecessary regulation. Seasoned investors already understand the process.
I think I need those rights to buy leveraged and inverse funds.
WE SHOULD HAVE THE SAME RIGHT TO INVEST AS ANY OF THE PRIVILEDGED FEW HAVE !
Don't put additional restrictions on my investments.