I have been investing in leveraged ETFs and leveraged mutual funds for more than 20 years. These securities have been a valuable component of my investment strategy, and I don't think the FINRA should be limiting their use in order to "protect" investors like myself who are knowledgeable about their risks and rewards. I do not want any regulators to limiting my
why the regulators always think they are smarter than we the people? Are they truly try to do good for us or just want more and more power upon us? Leave us lone! The regulators aka the Government is the one need to be watched and tested and further to be regulated more
I made the choice to invest in leverage ETFs like TQQQ. I fully understand the risk of this type of investment and would like to till have the choice to invest in it for years. Investing in this type of security is in my investment strategy for the long term and would not like for this ability to be removed or have to prove that I am serious about investing in TQQQ. I understand why the
I opposed to these regulations , it would only downward spiral the economy ,plus the employment rate would would be too high.
It's my right to invest you have no right to take my funds or my property
Attn: FINRA - I oppose any limitations on my ability to invest in 'complex products'. Stop trying to be my parent. Every time the government sticks its nose into the free market it creates distortions with unintended consequences with results that are worse than anything you were trying to 'fix'. Today's inflation and supply chain disruptions are
Myself and not regulators should be able to choose the public investments that I choose to invest in. Public investments should be available to all who wish to use them as an investment tool.and not whom regulators choose are able to use them.
Please do not restrict my ability to use leverage/inverse stocks. These stocks allow me to leverage my positions without incurring debt and without direct involvement in derivatives. They allow me to take short positions without making short sales. They allow me to make trades not possible using mutual funds. They allow me to trade NDX and SPX more efficiently than possible for me using at- and
Why Finra always consider leverage and inverse product are the most dangerous? What about growth stocks that swings more than leverage? Like Lucid, Sofi, AMC, GME etc stocks that are up and down huge percent a day are not dangerous? How can you regulate and educate people? Stock market by itself is very risky and the valuation can be changed at any time no matter how much you know about the
I've invested for my own account over 50 years, and served as a NASD/FINRA arbitrator over 20 years. I dealt with options, high-yield funds, leveraged ETFs, and many other products. My concerns are disclosures and suitability.
Complex products require complex rules and complex disclosures. Disclosures must have a separate summary of risks in plain language, in addition to the legal
