Limiting investment choices not only increases the wealth devide but you increase the risk of a possible index fund collapse that Jack Boggle warned against. The ability to diversify and customize portfolios based on person preference is the beat way for people to learn what investments work best for each person.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I understand the risks associated with inverse and leveraged investment products. These proposed restrictions will not protect me from losing money, they will interfere with my ability to plan for my future. I should not have to pass a test before I am allowed to invest in public securities.
You should be worried about Congress using insider information to enrich themselves. If the general population wants to risk THEIR money, its THEIR choice if you do this, the effort to make the rich richer while the poor have no hope will become obvious. Let them eat cake is a bad strategy
I am writing to oppose restrictions on my right to invest in public investments including leveraged or reversed leveraged security. I am fully aware of the risks in these types of investment. Leveraged and inverse funds are important part of my investment strategy. Please let me know if you have any questions.
I use leveraged and inverse ETFs which are useful for me within my overall portfolio. I use these but don't have a lot of exposure to these products so they don't create extra risk, while they do create great return. Please DO NOT REMOVE the ability for individual investors or traders to use these products!
I should have the right to invest in leveraged and inverse funds in order to hedge and reduce the volatility of my existing portfolios. I totally understand the risks associated with these investments and size the positions appropriately. These type of hedges should be available to all investors, large or small. Please protect our individual rights.
Comments: I like trading leveraged and inverse ETFs and don't want additional limits placed on the investors. I understand the risks and believe that additional limits on these investments will only hurt the small investor while big Wall Street firms can do what they want. It is important for FINRA not to hurt the small investor.
I am an adult American citizen, and I am perfectly capable of making my own decisions up to and including my investment decisions. I have been doing so successfully for most of my adult life. Let me decide that level of risk versus safety I need and how I achieve that balance.
FINRA should stay out of the personal investing decisions
of the public. The leveraged and inverse funds are a great
aid and help in managing a portfolio.They can actually help
you controll your risk and increase your returns. So I say
again keep your NOSE out of the investing publics pockets.
Comment Period Expired: March 31, 2017