Restricting access to leveraged investment vehicles is a mistake. People should have the right to choose how their hard earned money is invested. The public is capable of understanding risks and rewards associated with leveraged and inverse funds.
I use leveraged ETFs as part of my balanced portfolio. I understand and accept the risks, just as anyone investing in equities should. There is reason for regulators to interfere with my ability to shape my portfolio as I deem appropriate.
Part of a FREE market is that everyone can invest in what they choose to at their own risk. Taking that away from average people means funneling more money to the top 1%. It is a disgusting elitist policy that is corrupt to its core.
Leveraged and inverse funds are important to my investment strategies. they help me protect (hedge) my investments and seek enhanced returns. Also I understand the risk and is only limited part of my overall portfolio.
Let me make the decisions about my finances. I am fully aware of the risks and fully capable of absorbing losses if they occur. I don't need regulators second guessing a situation only I can be aware of.
I taught myself how to invest by reading and learning from the experts. I don't need an agency telling what I should or shouldn't invest I'm smart enough to limit my risk when I'm investing.
I have enough net worth, risk taking capability and knowledge to trade complex securities. Everyone should have the right to trade in a free market. Not sure who you think is stupid to not be able to trade.
I've used leveraged funds for a number of years and am aware of the risk involved. I'd prefer you not add any measures to impede my ability to access these types of investments. I am comfortable with the status quo.
Washington, DC — The Financial Industry Regulatory Authority (FINRA) announced today that it has barred two brokers from the Boca Raton branch office of the now defunct brokerage firm, SAMCO Financial Services, Inc. - and suspended a third broker for two years - for misconduct in connection with selling complex mortgage-backed securities called Collateralized Mortgage Obligations (CMOs) to retail customers.
I oppose restrictions to my right to invest in leveraged and invest funds as I am well aware of the risks involved in investing in these funds and capable of managing such type of funds. By restricting to invest, it questions my rights to access the markets.