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I strongly object to your proposal to limit my ability to invest in leveraged/inverse instruments. I am currently retired, age 85 & of sound mind & body. I am more than capable to use my own judgement without federal government interference. In fact at this time I am invested several million dollars in leveraged instruments & am besting major market averages by
Please
Keep your nose out of
My business
Leveraged products give investors unique exposure that other traditional investments dont. Without the use of leverage products the average investor may turn to even more riskier Investments like options and futures.
There is no risk buying leveraged funds as long as there is no margin involved. Especially for TQQQ. The long run performance is wonderful.
The FINRA rule is nothing more than an scheme to steal wealth, power, and autonomy from individuals. People have the intelligence and information necessary to make their own investments without regulatory tyranny. Stop it.
Greetings, I absolutely oppose any regulations and restrictions on my ability to grow my wealth. There is a never ending assault on main street investors from both regulators and government impacting our ability to prosper. It needs to stop. Regards, Joe Youngs.
Please leave the Funds alone.
Absolutely absurd and that its being proposed that regular people should have to go through any special process
like passing a test before you can invest in public securities,
People are perfectly capable of understanding leveraged and inverse funds and their risks. The last thing we need is more government interference. If anything we should be eliminating the option for anyone in government
I 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 the privileged. I work way too hard for others to be in control of my finances. I am not afforded breaks and opportunities like the well-to-do. Keep your hands off of my money.
If I wasnt comfortable with my investment choices I wouldnt make them. I conduct all relevant research before making an investment and leveraged and inverse securities are no different. My broker provides sufficient information with respect to the risk of the investment and I dont believe any additional conditions are necessary from regulators.