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
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
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
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 should be able to choose the public investments that are right for me and my family. Leveraged and inverse funds are in the public domain and should remain there. Any effort to restrict or hinder my access to use these funds would be unfair and viewed by me as an attempt to keep the benefits of these funds to others. I understand the risks of leveraged and inverse funds, as I do the risks of
This is communism. Markets should be free. We have too much government. This is just more intrusion to stop people from investments that can protect them from government overreach. I dont need bureaucrats making financial decisions for me because I know they dont care about my safety contrary to what they say. Its always supposed to be for your safety but it never is. Its all about power money
To whom it may concern; Enough with the threatened imposed regulations and allow for an individual to make their own financial decisions. Public investments should be available to all and NOT a select few by your judgmental criteria basis. I do not need to have any additional regulation measures imposed on actions that I choose to take as an adult and being fully capable of making my own choices
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I should not be forced to go through a specific test to be able to trade any securities I want. As an individual I am capable of making my own decisions. Cryptocurrency strategy is important for my long term financial planning
Dear Sir/Madam, As an investor, I want to be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public not just the privileged. If I cannot trade those funds (e.g. TQQQ, SQQQ, etc) as needed, I probably have to take on a lot of loss and make huge changes to my investment strategies which also impact significantly on my
Why on earth would a "regulatory agency" restrict the financial movements of the citizens they allegedly claim to protect? Better said, why do we have these regulatory agencies in the first place? You are restricting the movement of American people to prosper and invest as we see best. WE are responsible for our spending, our investing, and our losses. Keep your sticky fingers