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This is outrageous, regulators should let us make our own decisions with our money.
It is MY RIGHT as an American Citizen to chose what I invest in on what my needs and what I can afford to invest to hopefully have something to leave my Children when I'm dead and gone! Instead you Democrats are breaking laws everyday! Putting [REDACTED] ideas in American Peoples minds! Every one that is involved in this mess needs and should step down immediately before that chance is
It has come to my intention that FINRA is considering taking measures to prohibit or regulate self-investors & traders from buying and selling leveraged and inverse funds. 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 have spent 100s of hours building my
I have been in leveraged ETF's for about 6 years. The criteria that Fidelity has in place is more then adequate to assure that the ETF investors can deal with the volatility based on their financial status. The market today is quite down but I'm not hurting because my basic financial situation is sound,
I highly object (FINRA) regulating Inverse and leveraged Proshare funds
I, as an investor and as a financial advisor, should be able to choose the publicly-traded investments that best fit my and my family's needs based on our goals, risk tolerance, and timeline without interference from regulators. It is my responsibility to educate myself on these type of investments before deciding whether or not they are appropriate for my and my family's
Government's job is to ensure disclosure. It is not the government's job to tell me what I'm allowed to invest in or to tell me I'm not qualified to invest in certain investment products. The supposed qualification, for example, that I need to be wealthy in order to be allowed to invest in a leveraged fund is discriminatory on its face. So are the other
I am well aware of the risks involved in trading leveraged and inverse ETFs.
PLEASE NOTE: I am staunchly OPPOSED to the US Government attempting to stifle or restrict in any way the availability of these financial products for the general public via retail trading platforms or otherwise.
Regulations kill innovation.
Leveraged and inverse funds are important to my
investment strategies. It should be up to us to make investment decisions.