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
Leveraged investments should be available to public investors, regulation on leveraged ETFs will not lower the risk of stock market investments but will rather lower the freedom of the market itself. Power will also shift from individuals to major institutions who are able to meet proposed measures. These institutions will then have even more power against common investors. Leverage will not go
I oppose any restrictions to my right to invest as I see fit. Investments must remain available to all. The thought of imposing a screening process on individuals to limit investment access sounds like something you would hear in mainland China. I am well aware of the risks and limitations of leveraged and inverse funds as well as any investment I may choose. I do not want regulators oversight. I
Respected Sir/Mam, We appreciate rule making in the interest of consumers. But it is very important, we consumers be given the option to decide which funds are suitable for our risk appetite. We need the option to diversify and be able to invest in the ever growing Crypto ecosystem. Please do not impose any restrictions on us or our ability to invest in Crypto funds like BTCFX or BITO. It is an
As a former investment representative for Edward Jones I feel that I, not regulators, should be able to choose what public investments are right for me. I should not have to go through any special process, like passing a test, before I may invest in public securities, including cryptocurrency funds such as BITO. I am capable of understanding cryptocurrency funds such as BITO and their risks. I
Leveraged ETFs and options have a legitimate place in many retail investor portfolios and can even reduce an investors risk when used appropriately. Excluding everyday investors is an unnecessary rule - if the intent is to protect investors, there are lower hanging fruit that are riskier - crypto exchanges, Las Vegas, Tesla stock, and buying a house in Austin TX all come to mind. Life is risky -
In regards to the Regulatory Notice 22-08.
I am a retail investor and have been using both long and short leveraged ETFs sense 2009 without issues or concerns of their operation or behavior. I use them to enhance market performance on the up side and to reduce risk when I see the market pulling back.
I would hope to continue using the funds long into the future and would be disappointed if they
FINRA announced today that it has fined M1 Finance LLC $850,000 for social media posts made by influencers on the firm’s behalf that were not fair or balanced, or contained exaggerated, unwarranted, promissory, or misleading claims.
I hope it is not true FINRA is going to restrict trading in leveraged and inverse ETFs. I have used this vehicles for financial planning for 15 years. They just one of many invaluable tools to be used in certain situations. There are risks in EVERY investment. Leveraged funds get a bad rap, but if you study the math, it is really unjustified. Yes, they have higher fees, which can be an
Comments: As an individual investor who understands the use of leveraged and inverse funds in my portfolio, I find it appalling that FINRA would swoop in to "save us". The risks are ours to take and adjusting government regulations is not needed. If we make an investment of any kind it is our sole responsibility to recognize how it fits into our holdings. Please do not put restrictions