We deserved the freedom to use our own brain and mind to pickup the investments we want purchase. The tings your guys planning to do is similar to the scandal Robinhood did during the GME and AMC trade, please stop to do it if you still want to hold credibility for FINRA.
Im a hard working, tax paying, middle class American that doesnt want to be limited in my investment options. Its up to me to make that determination for myself & family. It should not be some regulators decision that is most likely detached from the perils of planning for my familys financial future.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I understand the risks associated with inverse and leveraged investment products. These proposed restrictions will not protect me from losing money, they will interfere with my ability to plan for my future. I should not have to pass a test before I am allowed to invest in public securities.
I run a Signal Plan that requires the use of leveraged funds (MVV, TQQQ). On a quarterly basis I evaluate whether to buy more or less shares of these funds. I do not need a government agency decidingwhether I can or can not do this. I am a big boy and can make my own decisions.
Thank you.
I'm strongly against the new FINRA Regulatory Notice #22-08.
At first, it jeopardized my right to choose the public investments
Secondly, it shouldn't be a special privilege for a small set of people and it's unfair.
Thirdly, it introduced significant uncertainty on my existing investment strategy and jeopardized my investment plan.
It is my right to buy any stock I want and it is against the free market to limit my right! Also, I have lost since I bought my leveraged stock and I was not planning to sell it anytime soon. By selling my stock, you are forcing me to loose money in short term, which is not fair.
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Leveraged ETFs are an extremely important part of my long-term investment in my taxable accounts and also IRA accounts. Please don't arbitrarily dictate what we can invest and what we can't. You will disrupt our retirement plans and perhaps we should sue the authority for the adverse actions.
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.
