Please stop adding more government regulation burdens. The cost to investors greatly exceeds any benefit. I am an investor. Assessing risk is what I do. I don't need or want any help from the government.
More government, higher cost of government, higher taxes is just the opposite of what investors need.
Prior to retirement I was in the securities industry for over 40 years, a substantial period was spent as a partner of a major securities firm as VP in charge of derivatives. I dealt with people and firms with an interest and need to hedge their risk - my own portfolio is hedged appropriately with the instruments you mention. The proposals that you consider are needless and counter productive.
We understand the risks of 3x / 2x leveraged instruments and the cost involved in it. This is relatively safer and smaller than the actual Options and Futures which are time bound and involved in margin. If at all these instruments are restricted - it can be restricted from margin but with CASH trades - this must be open for every investor/trader to try to catch up on their retirements/savings
This regulation would be unnecessary. Brokerages already include many notifications to let you know that these securities are complex in nature and carry additional risks. Additionally, these types of securities are obscure and hard to find. Average investors are not accidentally investing in leveraged or inverse securities. Let ordinary investors continue to have access to these types of
Me- not regulators should be able to choose the public investments that are right for me and my family.Public investments should be available to all public not just the priviledged. I shouldnt have to go through any special process like passing a test to invest in public securities. I am capable of making inverse and leveraged funds and their risk.
Time and again you try to pass regulations while pretending to be doing it to protect our investments. We do our own research before investing. There are enough disclosures about the risk we are taking. Instead of focusing on regulating valid investments you should focus on naked short sellers that are destroying our wealth.
I am an investor in the market and have no understanding where FINRA receives its right to tell me where or how I should invest my money or how much risk I should take with my money. It is my money and if I want to waist every penny of it you have no say in it. Please remove this irrational and unfair regulation.
I oppose any effort to restrict my ability to invest in leveraged or inverse funds. There are already too many regulations restricting the ability of individual investors to fully participate in our economy. The opportunity for financial success should not be limited to the wealthy. FINRA should protect us all from fraud but NOT from reasonable risks.
As an investor we understand risks associated with investing in leveraged and inverse funds. Please do not restrict investors(esp retail) and make investing in stock market tougher. This regulations if brought in will impact investors/traders who are already in trading and they might incur huge loss in terms of capital depreciation by scaring away exiting and new investments.
All equity investments have risk. Leveraged investments are no different. It has more volatility than others that doesn't make it any more or less riskier than other equity investments over the long term.
Hence I recommend it should not be subject to further stringent regulation than other equity investment vehicles