What is deemed "complex"????....A regulators job is to ensure proper disclosure and the integrity of what they regulate. Risk is part of investing/ markets and consumers deserve innovative products to choose from. To some Bitcoin is complex. Do not take innovation out of our financial markets. Investors want the "freedom to choose" from a variety of products
Why would it be a good idea to deny basic freedom, to the public securities market? These days MORE than ever, a fundamental tenant to achieving long-term financial security, should NOT be disavowed to ANYone!!! Broad, arbitrary, and vague definitions prove, execution of such an unworkable scheme, would at best, show egregious arbitrary results under ANY type, or form, of implementation. The long
As a former financial advisor of 44 years (now retired), I would like to strongly protest additional regulatory restrictions on the use of leveraged or inversed funds, beyond the regulations that are currently in place. The new proposed regulations are an example of regulatory over-reach and are not needed.
I am pleased and proud of the fact that I never experienced any client complaints during
This is one more example of Americans potentially losing more of their rights to benefit financially in an attempt to convert our capitalist system to communism.
I am against this action to it's core. All American's should have the right to make public investments, not just the so called privileged.
Leveraged fund investments are important investments as they help to enhance
Investors don't need these regulations. We understand that investing in financial markets can be risky. They can be appropriate in certain circumstances, and we can decide on our own where we want to invest. Passing a test or any other special process will only favor the "big boys" over individual investors. I use leveraged funds as a small part of my overall
totally not needed. Public investments are public..Period! If I want to invest, it is My Responsibility to understand what I am doing. I am an active user of leveraged and inverse funds for hedging as well as another form of using risk. I also use currency, fixed income products and options. I have lost money as well as made money using these products. Don't impede my ability to use various
I was born and raised in Eastern Europe during the Cold War when the socialist governments were choosing what is allowed for the individuals. USA became my second homeland because of the freedom of the people to conduct their own business. Individual investor should choose their investments, not regulators. The Financial Industry Regulatory Authority (FINRA) notice from March 8, 2022, seeking
Certified Financial Planner and Retirement Income Certified Professional here: These new proposals are another failed attempt to regulate the finance industry. At this point it is almost comical that all of the proposed and enacted regulations are obviously meant to hurt the average Joe, while allowing big players to continue to profit and manipulate the system. I hope at some point in the near
It is unlawful to restrict the general public from investing in leveraged or inverse funds. These funds, like most equities, carry risk of losing all principal and this is something all investors and traders are aware of with a simple acknowledgement on a disclosure. We should not have to demonstrate additional minimum qualifications to invest in these vehicles nor should they be restricted to
FINRA,
I am writing to oppose any implementation by FINRA to restrict or limit my ability to invest in leveraged ETFs, regardless of being used to control risks, diversification, or speculation. It is up to each common or main street investor to have freedom of investment choices and it is not the call of FINRA to make such choices on behalf of any type of investor whatsoever.
Common investors
