FINRA,
This new rule seems to badly discriminate against small personal investors. Why are you chasing me out of my current positions in leveraged ETFs? It is a bad plan to make the market for leveraged funds an oligopoly because it comes with the exclusion of disciplined personal investors who are capable of accepting risk.
I use these funds in my 401k and they allow for opportunities not available through most 401k funds offered by employer plans. The individual and not government should have the ability to decide where to invest their funds. It should not require a specific status, we all should have equal access to the publicly traded investment vehicles.
I oppose restrictions to my right to invest in what I choose and why I choose it. I choose to invest in leveraged and inverse funds and have for several years as its a minor portion of my investing plan to offset smaller growth stocks. It seems unfair to put restrictions on my investing actions at this point in my investing.
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Guidance on Liquidity Risk Management Practices
Please do not restrict my access to invest in leveraged and inverse funds. They help me and my family as part on my investment portfolio as i now am entering my retirement. I follow a disciplined investment plan that uses these funds. Thank you so much reading my comment and have a great day !
To whom it may concern,
I would like to continue to be able to exercise my rights as an investor with these financial instruments being available for purchase. I plan on purchasing more in the near future and oppose any obstacles that would prevent myself from doing so. I recommend that you allow me to purchase the securities as long as I live.
Comments:Please do not limit access to leveraged and inverse ETFs. These are great investment products which complement the portfolio. I think all that is necessary is a n advisory notice before trade execution for investors who lack in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.
I have been engaged in the market for over 40 years. I utilize leveraged and inverse funds in a deliberative and judicious manner to balance my portfolio. I find it insulting that the proposed over-reaching regulations posted years after I have made my careful financial plans would severely penalize me in my retirement years.
Honestly this is unbelievable, I could write paragraphs for the person reading this but Ill make it simple. Demonstrate a high net worth along with the other regulations being set in to motion is one of if not the most absurd thing Ive heard. Just come out and say the government is planning to keep the rich rich, and the poor as poor as possible.
