I trade TQQQ and SQQQ to with options and stoock to protect my other investments in my IRA
From the change in otc pink sheets to now removing access to leveraged products is an insult to the retail investing population. The complete mismanagement of the financial markets is on you and the lack of willingness to hold anyone accountable other than retail is unbelievable.
Please do NOT limit my ability to invest the way I choose. Or discriminate against me in any way. I OPPOSE the new regulation being proposed by FINRA.
America is all about Freedom. Americans wishing to increase their wealth should be able to have the same choices as professional investors. This proposal reeks of protection for Wall Street corporations.
I do not support this proposal.
I strongly opposite the proposed restrictions on my ability to invest in Leverage and Inverse ETF, which is very critical tools for me to manage my entire portfolio. If you need to restrict, you must start with more speculative vehicles in the investment and trading community.
I oppose limitations on my investments. The limitations can hurt me. It could deny me the freedom to choose investments that can help me achieve long-term financial security.
The risks of investing are well known. Loss of capital is always possible. The risks of investing in leveraged and inverse funds are equivalent. As an investor, I don't need the government to tell me what I may or may not invest in. Your duty is not to protect me from myself, or from possibly poor decisions I may make. At the limit, your duty may be to inform me of risks, but beyond that, it
This makes absolutely no sense to limit and create such a hurdle regarding leveraged and inverse funds. Investments have risks associated with them, and the funds' and ETFs' prospectuses clearly show and demonstrate the risks associated to them. There is no difference than buying a regular fund on margin to mimic the leveraged return. Let investors invest how we'd like
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST leveraged funds.
I have been investing for some time mostly with successful results. I believe in the right of the individual to make financial decisions based on personal situations percolated with diligent research that can be done without interference. Please preserve my rights to purchase any investment vehicle that is not illegal our aq scam.
