I object to the proposed restrictions. Special tests and selective criteria is another attempt by FINRA and the SEC to discriminate against small investors under guise of market manipulation prevention. Your targeted investors are adult and should have the freedom to make their own investment decisions. I use inverse funds to hedge against market decreases.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I appreciate having the flexibility to take on the risk for the potential upside these funds offer.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Financial instruments in America should not be concentrated amongst only the wealthiest. Expand Fin Education and allow all persons to choose their invesments.
The investor 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 of the public, not just the privileged.
Investor like me 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 am
capable of
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I have invested for several years using leveraged and inverse ETF's as part of a hedging strategy. I would like and expect to continue to have these as strategies open for public investment.
The adoption of limiting my ability to trade leveraged ETF's such as provided by Proshares will drive me to find a brokerage that does not belong to FIRNA. Alternatively it will result in my removal of all funds from FIRNA regulated brokerages. I can't say with enough weight this effort to limit my investing options to increase the brokerage profit has severely degraded my
I use my leveraged funds to hedge various positions. they are useful for reducing the amount of funds necessary for taking a position.
I feel your rules may limit my access to these useful tools.
My brokerage houses provide extensive information and they outline the risks and of these products.
Robert Pallaron
