I have used leveraged funds as one part of my balanced portfolio for years. These funds are incredibly helpful in adding a component of high reward/risk investing to my portfolio that often seem reserved for the ultra-wealthy/angel investor/VC limited partner/etc. Allowing the average investor access to these financial tools is critical to the democratization of wealth building in this country.
It is not the responsibility of FINRA to limit my access to publicly available investment vehicles. The investments under consideration for restriction have clear, concise, and readily-available prospectuses that explain the risks and further restrictions or tests should not be permitted. Financial and securities restrictions should exist to protect investors from illicit or deceptive practices;
I occasionally use leveraged funds when the trend line is in my favor. As a retired accountant, I have always been not quite an accredited investor, not enough income, not wealthy enough, not a professional financial manager. However I know business and have decades of experience, making my invest decisions generally superior to that if inherited wealth or high income in an unrelated fields. My
Im writing to voice my objection to restriction on access to purchasing of leveraged ETFs. I am already required by my broker to assert that I am knowledgeable and financially able to accept the risk associated with these investments. Further, the right to decide for myself is part of Americas greatness. I have benefitted greatly from having leveraged ETF as part of my diverse portfolio. There
Hi, its not necessary for regular theres to get involved with peoples own financial decisions. Ive used inverted and leveraged ETFs for years and although sometimes there are losses in general I had great returns from them. It would be a shame if this opportunity for returns were cut off. Let adults decide how to invest their own money. We dont need the scolds in DC telling us what we cant do.
I think people should have the right to choose their financial destiny. I have made significant profits using options and actually ran into more issues with imposed regulations and stockbroker policies. There are plenty of tools out there to learn about options. I do understand placing monetary limits on certain types of trading to avoid massive defaults but these should be allowed. Also, you
Hi, I'm writing to express my opposition to regulations or restrictions that prevent or encumber my ability to invest in public investments. I feel that it should be my right to invest in securities/funds that include new, upcoming, and/or non-traditional commodities (e.g. cryptocurrencies). It should be the investors right to diversify and consider all available options when implementing a
You have no right to tell me how to manage my monies. Do you like being told what to do with your monies? If so, then, send me all your money now! I oppose restrictions to my right to invest. Imposing restrictions is simply all about control and pure discrimination on the basis of a person's financial status. It's also, a process of elimination and a clear violation of our rights.
Testimony Concerning Auction Rate Securities Markets, Committee on Financial Services, U.S. House of Representatives
I am opposed to new regulations that would prevent regular American people like me from owning leveraged securities. I am an adult, I can make my own investing decisions. I dare say I make better financial decisions for myself than the Government does. I do not believe that the SEC has my best interests in mind with proposed rule #S7-24-15. I want less government in my life. Not more.
