As an independant investor who regularly uses inverese etfs to hedge my protfolio. I urge you to drop these considered changes. I have done extensive research into each and every asset I have bought, and don't need to be protected from complex things. I can fend for myself and fully understand the risks involved in what we do for a living. Americans in the market have enough restrictions
I, not regulators, should be able to choose the public investments that are right for you and your 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. Explain that you are capable of understanding
I am opposed to new restrictions on who can invest in complex assets such as leveraged or inverse funds, among others. If FINRA is concerned about protecting retail investors, they should just require full and clear disclosure on all financial products and punish anyone who misrepresents them or coerces anyone into using them against their own best interest.
We are all adults here and can make
I object to FINRA trying to restrict the use of hedging instruments by normal Americans.
If I didnt have the continued right to use inverse ETFs, My retirement account would have been down 8% last month instead of up.
If you take away these vital tools for hedging, youll be reducing my ability to participate in the markets, and Ill be less able to retire and MORE exposed to risk in the annual
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the wealthy and privileged.
I shouldn't have to go through any special process in order to invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Leveraged and
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
What you are proposing is completely unethical and will only exacerbate the already growing wealth gap in America. A leveraged S&P 500 fund is an excellent vehicle growing wealth. Even people with just a few bucks in their Robinhood account can invest in it. You should drop your support for this bill for the same reason you wouldn't support the government doing this for
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
As an educated individual investor, I should be able to make investment decisions that are right for me and my family. I have a bachelors in engineering and a MBA. I shouldn't have to go through a special test before I can invest in public securities such as inverse and leveraged funds.
Leveraged and inverse funds are important part of my investment strategies. I use both leverage
I occasionally use leveraged/inverse funds to reduce risk in my portfolio during high volatility market periods. Use of leveraged inverse funds are simpler to use than other instruments for someone who only uses them infrequently. I am best qualified to make these judgements. Trying to define what is a "complex product" is apt to be an inaccurate exercise subject to influence by