Im fully capable of making my own financial decisions without the need to be protected from myself by anyone ! Ive been successful all of my life without unsolicited advice. Leveraged and inverse funds help me to hedge and out perform better. Leverage funds allow me to react quickly to changing market conditions. This is a valuable tool I use and have for over twelve (12) years. The prospectuses
To Whom It May Concern,
I strongly oppose the restrictions to my right to invest in leveraged and inverse funds. Leaving these types of funds in the hands of only "high net worth" individuals or brokerages only accentuates the wealth imbalance in this country. Being able to invest in inverse ETFs has safeguarded my portfolio from serious losses, while still being actively
I strongly oppose the regulations being considered by the Financial Industry Regulatory Authority (FINRA), that we may not be able to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex unless we: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading
FINRA Committee: As a working class, Army veteran, society isn't the kindest when it comes to financial growth. Having the ability to invest in leveraged and inverse funds such as UltraPro and UltraPro Short ETF's; gives the average person the same opportunities as folks like yourselves seeking to restrict with arbitrary "poor people" laws. Regulations always favor the wealthy
I oppose your attempts to restrict my ability to chose my own investments. Publicly traded investments should be available to all of the public, not just a select privileged few and large institutions.
Leveraged funds and inverse funds are, if used correctly, be a powerful tool to add to a portfolio. I use them as a small portion of my investments. I understand and accept the risks involved
I am against the FINRA Proposed Rule #22-08. Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. Rule #22-08 upends that principle, giving regulatorsnot methe power to decide what public securities I can and cannot invest in. Investors have the right to freely access the entirety of the public securities
Why is it that regulators want to take so much time taking away the ability for the average person to actually use a product that can let them risk and succeed toward more financial freedom and security. Products such as leveraged ETF's and Futures are complex but the individuals that invest know the risks and should have the same RIGHT to invest as any other fat cat on wall street that
Individuals, not regulators should be able to choose the public investments that are right for them. Public investments should be available to all of the public, not just the privileged. Investors should not be discriminated against based on net worth requirements. Regulations restricting investments makes the United States less competitive worldwide for entrepreneurs and investors. The US
I strongly believe financial institutions should be required to report their short positions daily. The problem of naked shorting (and related naked calls/puts) has turned Wall Street into one of the largest havens for fraud in the world, and it puts companies that otherwise would have a fighting chance at great risk of being ruined by bad actors.
Comments: FREEDOM TO CHOOSE should be the norm. in the market any and all financial products have risk embedded. the ONLY way a trader can make use of those products in a limited risk situation is by having correct and updated information that is really understandable to most, specially pointing extreme risk situations and by educating himself on how to handle risk with those products. so, my
