Regulators should NOT be limiting the publics choice to choose their investment vehicles.
I am a knowledgeable investor and I believe freedom to choose my investments is critical. Fidelity required significant levels of acknowledgment by me that I knew what I was doing before being able to invest in levered investments. Removing my ability to do so does not protect me, it inhibits me from free choice.
Please stop these unjust limits on individuals limits on investments.
I invest in the proshares 1x inverse S+p index and I am disturbed by the regulation that you propose as I will have no way to hedge or speculate on a decline in the S+P index unless I use the Futures market. This is an restriction on investors that is capricious and unnecessary. I want to have the ability to invest as I see fit without the heavy hand of FINRA interfering with my decisions!
Regarding your published intent to consider regulating investments in leveraged investments. I oppose any all actions you may consider that would restrict my ability to choose which financial products I may choose as investment tools.
Leveraged ETF/ETN's are used as a short term balanced risk management strategy that should be available to all investors.
Primary uses are (1) offset a short term market index/asset class overbought/oversold condition without risking individual equity positions, (2) Reduce risk of owning an individual stock that could be subject to excessive price fluctuations, and (3) Balance a
To whom it may concern - I am violently opposed to any rule restricting access to investment products for the public. This is just another mechanism to make the rich richer, and steal money from the masses who are trying to build wealth through sophisticated avenues. Your hubris in attempting to control the public's investment options by claiming that it is "in our best interest"
[REDACTED]. Freedom and the ability to make your own prosperity is paramount to American freedom. [REDACTED] this nonsense
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST IN CRYPTOCURRENCIES
I am a teacher (read: not rich by any means), however I have a total of 4 degrees. I have 2 undergrad degrees and 2 masters. I am more than capable of managing my own investments. I am a fully capable adult who can figure out the realm of investments and I should be able to invest my money as I see fit. I have a limited amount of money- especially when compared to my student loans. Im not able to