Now more than ever people are expected to manage their own finances and financial planning. Taking away any free market options is ludicrous. Anyone can research leveraged and inverse funds and choose whether or not to take the risk of investing in them. Do not impose restrictions on the free market.
The current safeguards in place to make investors aware of the risk of leveraged investments are currently sufficient. Any requirements to demonstrate a certain net worth or adding additional barriers to the investment process will hurt individuals' ability to invest and create further inequities in terms of who has access to particular securities.
I oppose restrictions on my ability to invest in leveraged and inverse funds. I'm an adult with an ability to think and understand both potential risks and rewards. A person's understanding is not correlated with his net worth. Continue to allow me the benefit to make money with a variety of financial instruments in a variety of market dynamics.
To whom it may concern:
I believe it is not up to FINRA to decide how to invest my money. I am fully responsible for my actions which includes understanding leverage and inverse funds and the risks that are involved. To regulate that does not hold up to our American definition of Capitalism. Thanks for your consideration.
Thanks for taking comments; we already have enough disclosure on on leveraged + inverse products. WE like our choices. [I do agree with Warren Buffet; crypto currency = ''rat poison''] I have gotten for years, a warning thru my broker on the ''..unique risks......'' for these .I already understand them..............................................
I am retired and rely on my investments to provide income. I swing trade the market when it reaches extremes of bullishness or pessimism. By using leveraged and inverse ETF's I make money without risking my entire portfolio.. These products are not complex for someone who has no financial training but follows the market.
Hello, I should be allowed to choose the investment of my choice. I am always provided a prospectus or information concerning the risks of investments. I use a small portion of my overall investment allocation to invest in inverse funds. It is not fair to consider any type of mandates, classes, additional education to invest in these funds.
This is a bunch of [REDACTED]. Just another obstacle the little guy has to face because of the brokerage industry and their friends at the Hedge Funds that use leverage 24/7. I know what I am doing with leveraged funds just like I know what the risks are when trading options. Please don't do this!
401ks are already restrictive (no futures/less options strategy). The only way to self manage 401k using Modern Portfolio Theory which uses leverage and rebalancing is using leveraged ETFs, making it inacessible in 401ks puts retirement at risk, given the current retirement options(no pension...).
Leveraged funds are important to my investing strategy and I oppose regulations to limit access to them. I understand the benefits and risks of leverage fund and have done substantial research prior to investing. Increasing regulations to retail investors will further uneven the playing field between the Wall Street and Main Street.