As a professional investor, I should be able to choose to invest in public funds and what's suitable for my investments. I use these inversed and leveraged funds to hedge my investments, I shouldn't have to go through any special process, like a test in order to invest in these public funds. I understand the risk involved in investing in leveraged and inverse funds, I do not
Dear sirs at FINRA
With regards to notice #22-08, I would like to voice my strong objection to this proposed regulation. I believe the instruments being targeted by this regulatory framework are no more complex or inherently risky than any others I typically invest in. If they are in any way, I'm an adult and able to decide for myself which risks I'm willing to take or not.
I strongly believe that I, and not any regulator, have the right to choose what investments are suitable for me and my family. Publicly available investments need to be accesible to all and not to only a few.
I do not believe that special vetting or testing is in order. Leveraged funds and their risks are clearly explained in all materials.
I use these funds in my portfolio to fulfill specific
Your mission is to protect the investor from scams in the industry, not to influence their investment decisions either directly or indirectly in ANY WAY, no matter how well-intentioned it may appear. We 'retail investors' are perfectly capable of understanding the basics of how a leveraged ETF works and how much risk it carries. Any further regulation on them would severely affect the
I, not regulators, should be able to choose the public investment suitable for me and my family. Public investments should be available to all of the public, not just the privileged. I should not have to go through any special process like passing a test before investing. This is no different from a poll literacy tax. We are intelligent enough to know and understand the risk of any investment.
Limiting what I can invest in should be my right and not something only the privileged have access to. Stop limiting the abilities of retail investors to invest how they think is right for them and their families. I am capable of understanding the risks associated with cryptocurrency funds. These are valuable tools that you want to take away from me while you allow the ultra-wealthy to take
I do not need the restrictions that would be imposed by Notice #22-08.
I am fully capable of understanding the risks in acquiring inverse and leveraged funds.
By limiting access to these funds you are favoring the privileged who have a high net worth, and excluding investors that don't meet some arbitrary net worth.
I am a smaller investor and have utilized inverse funds several times
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 shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I'm am capable of understanding leveraged and inverse funds
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.
Comments: Please do not modify rules related to leveraged ETFs. I personally understand the risks of leveraged ETFs, but at the same time the value. I use leveraged ETFs to enhance my portfolio returns. I also recognize that these products may result in larger than average swings in valuation. However, if you look at a long-term strategy of using leveraged ETFs, you will recognize that these