Do not limit investors ability to invest in leveraged and inverse funds. These are a tool just like any other tool. Investors know their risk and reward and chose to buy or not. If you know what is best for investors than you should quit your job and trade for your living since you know better than everyone else.
Dear Sir,
I am just learned that my right to freely invest my money in the leveraged product might be taken away by the regulations. This is not acceptable. As intelligent investor we know our risk and reward calculations. Do not do the in the name of protection of investors. Keep your hands off my money and my options to investing it
I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I should not have to go through special processes to invest in these securities even though I am a CFA. Leveraged and inverse funds are important tools in investment strategies and can even work as risk mitigants.
Why do regulators think US citizens are incapable of making their own informed decisions? We should not limit the ability of people to decide how to invest their own money whether it is leveraged funds or any other funds for that matter. We already have access to the prospectuses and can determine what is appropriate for our risk appetite.
To may it whom concern,
I believe its unfair to regulate leveraged investments in te middle of a financial "crisis". The stock is deeply down, so it could be a measure that affects an important amount of people and their welth. I, Rafael Sanabria, invested on these ETFs knowing the risk that they imply in my portfolio. Please let us trade by ourselves.
Thank you for listening
I am opposed to limiting my ability to purchase levered ETFs like upro, tmf, and tna. These funds allow small diy investors like myself to gain leverage without complex option strategies.
Paired with a good risk parity style portfolio it offers less volatility than 100% equity investing and similar or greater return.
This is a huge mistake. Retail investors are much more sophisticated than you are giving them credit for. WE DO NOT NEED MORE BABYSITTING AND HANDHOLDING. We have the right to take the risk and invest in products that we so choose. Let us trade and invest in these complex products. The proposed rule changes are insulting, unamerican, and disgraceful.
The risks and benefits of leveraged ETFs are well known to investors. I should be able to invest in a product that I research and feel comfortable investing in. If we regulate leveraged etfs, what about regulating home purchasing (5x leverage) or the actions of Wall Street.. where large players can easily manipulate single stocks through short selling or otherwise?
I strongly oppose restrictions to my right to invest. I have decided what kind of risk I want to take on, and based on that I have chosen certain investments. I should have the freedom to choose my own investments. Keep your hands off of MY money. It's my future, not yours. Don't take away my rights!
People have the right to take risks on investments they choose to willingly participate. This is a tremendous overreach of freedom to do with one's money as they please. By this proposed rule's logic by FINRA, no one should be allowed to gamble without an approval process and testing (as well as cooling-off period) on how the gamble-based game they are about to play works and