I should be able to choose my own investments. There is plenty of information available for understanding the risks and benefits of leveraged and inverse funds. They are an extremely important tool for hedging other investments. FINRA should not limit my ability to manage my own investments as I see fit. All public investments should be available for anyone to buy, sell or hold.
I want to make my choose of public investments and those investments should be available to all and not just the privileged. There shouldn't be any test before investing in public securities which include leveraged and inverse funds. I am full capable of understand all the risks when I invest in leverage and inverse funds and I do not need measure to be imposed on me.
To Whom It May Concern,
I am commenting to oppose the proposed restrictions.
As an average long-term investor, I normally use leveraged and inverse funds to protect my investments. I believe that I have gained knowledge of the benefits and risks of investing these funds. I believe that I should be able to determine if I should invest to these funds by myself, without having to passing certain
I oppose this regulation because the etf/fund is already obligated by federal law to disclose risks and fees to the public. If a potential investor wants to invest in these securities, especially in a self directed brokerage account, they are acknowledging the disclosures laid out by the fund. Detailed disclosure is already listed in the fund/etf prospectus. Adding additional hurdles limits
Limiting levered funds would be akin to limiting options, futures, swaps, or any other derivative products that investors use to hedge risk or seek profit. Leverage exists everywhere. One example is a mortgage. Another example is home insurance. There is nothing special about levered funds that is any different that other examples of the use of leverage in the economy.
This does not need more big government! I'm a small-time investor, and I want to make my own investment decisions. Of course, all investing carries a risk - stocks, bonds, crypto, buying houses, etc etc.
These funds create an equal playing field for the small-time investors, not Wall Street. So please do not pass this. Thank-you.
Please do not impose further regulations on these investment tools. It is a very useful investment strategy to grow wealth and avoid loses in markets. I should be able to choose investments I think work well for my family. I completely understand inverse funds and other leveraged securities inherent risks and costs. These funds are extremely important to my investment strategies.
I have the rights to choose public investments that are right for myself and any restrictions to trading takes away those rights.
I'm also a seasoned investor capable of understanding leveraged and inverse trades and their risks. The leveraged and inverse funds are important to my trading strategy.
Hence I am against any regulartory restrictions on leveraged trades by common investors.
We should have the right to invest in whatever asset we choose without these type of restrictions by FINRA. Also why do I need to take a test to be able to invest? I understand the risks and have done my due diligence. Leverage and inverse funds should be treated like any other asset or fund. These potential restrictions are not logical.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I have been an investor for 40 years and am fully capable of understanding leveraged and inverse funds and their risks.
I don't need restrictions placed on my ability to invest freely.