I don't think it's right to limit access to leveraged products. The people should have the ability to make their own decisions with their own money. Creating barriers to entry based off tests or net worth is why there is huge wealth inequality. In the past only the privileged had access to investing in general and now that we've made so much progress in allowing regular
The adoption of limiting my ability to trade leveraged ETF's such as provided by Proshares will drive me to find a brokerage that does not belong to FIRNA. Alternatively it will result in my removal of all funds from FIRNA regulated brokerages. I can't say with enough weight this effort to limit my investing options to increase the brokerage profit has severely degraded my
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 privileged.
I should not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and
I oppose limits and restrictions in my trading of leveraged and inverse securities. I am well aware of the risks associated with such products. Although they make up a small portion of my overall portfolio, I appreciate the diversity of products offered and the ability to hedge securities. I strongly oppose any further restrictions which may included testing, income or net worth limits, so called
I am against any more restrictions to my ability to trade leveraged securities. I have been fully informed of the risks involved by my broker Fidelity in these products and had to sign and submit a document stating so to Fidelity. I am fully capable of making informed decisions on my own without any further government or regulatory restrictions such as passing a written test or proving my net
To Regulators, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds because I have more than 40 years of stock and options trading experience in USA. I am capable of understanding those funds and their risks more than any finance professionals. It is totally against the spirit of law under democratic
To whom it may concern, I strongly oppose any potential restrictions on my ability to purchase leveraged instruments. This would be another way for the large institutions to use investment vehicles for their advantage at the expense of the smaller investor like me and put us on unequal playing ground. I do not use them as a large part of my portfolio, but use them for hedging or taking advantage
I, not regulators, should be able to choose the public investments that are right for me and my family. I should not have to go through any special process like passing a test before i can invest in certain types of public securities. I subscribe to financial publications that provide expert investment advice. I don't need federal regulators telling me how and in what I can invest. I
The only change that should be made if any is that one should be ablento take a test or quick quiz that proves knowledge of these products and then also sign an acknowledgement and the same should be done for the PDT rule. One is kidding themselves if they think changes here will protect anyone as that would imply that the regulatory body has the right to save people from themselves. They don
Attn. FINRA: I oppose any limitations on my ability to buy these types of Funds as leveraged and inverse funds are important to my investment strategies. I should be able to choose the public investments that I consider to be correct for me and my family. Public investments should be available to all of the public, not just the privileged few. As a seasoned investor I understand the risks!!! I
