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FINRA advises each member firm to review the Report and consider incorporating relevant elements into its compliance program in a manner tailored to its activities. The
Individual investors have the right to freely decide for themselves what securities they want to invest in and what their risk tolerance is to achieve their long term financial goals, without arbitrary restrictions by FINRA. ANY LEGISLATION TO IMPOSE LIMITATIONS OR RESTRICTIONS ON INDIVIDUAL INVESTORS RIGHTS TO FREELY CHOOSE THEIR INVESTMENTS WILL BE MEET WITH FEIRCE OPPOSITION
FINRA,
This new rule seems to badly discriminate against small personal investors. Why are you chasing me out of my current positions in leveraged ETFs? It is a bad plan to make the market for leveraged funds an oligopoly because it comes with the exclusion of disciplined personal investors who are capable of accepting risk.
I, and not the regulators 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 am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies.
Adults should be able to make their own decisions for trading. Leveraged funds have been a part of my trading for years and helps with enhanced returns and growth of my accounts. I understand the risks and the rewards. I am against regulators changing my ability to trade what I want to trade and when I want to trade.
I oppose any restrictions to my right to invest in any public investments. I am educated enough to understand the risk with leverage and inverse funds and I use it as hedge as a limited part of my overall portfolio. I make such decision - and not regulators - to make right investments for myself and my family without any imposed restrictions.
I've been trading TQQQ, a leveraged ETF for years. This fund is very important to me and my family. I fully understand the risks and potentials in trading leverage funds. As an individual investor, I should be able to choose my own investment strategy and don't need any special measurements imposed. Thank you!
Stop trying to put so many hurdles in the way of my investing. It's fine to require a disclosure on the part of the broker and an acknowledgment of risk on my part as an investor, but any more than that is just harassment. I'm going to pass all the qualifications you are proposing. I don't need them "protecting" me.
I have been purchasing leveraged securities for years. I use them as hedges. I realize they are complex investment vehicles. I understand the risk, and have lost money, but I have also made money. These are never primary investments, but regardless, not the governments place from allowing me to invest in what I choose and protect my investments.
No one is forced to buy any investment. Allow some freedom of choice in our society, and the ability to accept risk when we so choose. What difference does it make if I loose 30% in Amazon or 30% in a leveraged ETF? Let the buyer beware, and stop trying to protect everyone from everything.