I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. Do not interfere with my investment choices.
I should be able to decide my own investments, not a bunch of regulators. Regulators just like to make everything more difficult for us law abiding citizens. It is the government that needs regulating, $30 trillion in debt, law enforcement agencies that constantly skirt the law for the privileged!
I've made money from $BOIL, $SQQQ, $UVXY, $SPXU, $TQQQ, $DPST (leveraged ETFs) I would like my voice heard. This is not in the best interest of retail investors. Taking these options away.
Dear FINRA, I am an individual investor who has done thousands of trades almost three decades and am fully aware that I am responsible for my own investment decisions. I have absolutely no problem with that. The problem that I WILL have is if you remove or severely hinder my right to make my own life choices. This is not Putin country.
I use leverage funds to provide upside exposure without taking on the added risk of buying on margin. When I buy a leveraged ETF I can only lose the amount I've invested in that ETF. I do not open myself up to the risk of a margin call. I should be able to assess my own risk and make my own investment decisions. I have been investing for 3 decades and been through many market cycles most
More and more, citizens like myself, who have a desire to trade markets, find that our choices are being limited because some have decided that amateur traders aren't as wise and not capable of making good decisions. We most certainly understand the risk involved in trading, especially when trading leveraged funds, but the gains can be rewarding enough that we practice due diligence in
Leveraged ETFs are an essential tool for my investment strategy. I understand they are risky, and I am able to take a big drawdown. Please dont ban them from small time investors!
I oppose establishment of restrictions upon individuals to make investments as described in the proposed rule, #S7-24-15. While I support providing individuals with opinions and recommendations, restrictions intrude on decisions best made by individuals who weigh risk vs reward of investments made with their money.
Specific to crypto, individuals need no more restrictions than alternate
I am competent to make these decisions as I am a retired CPA with a degree in accounting.
All public investments should be available to all. Any access restrictions to leveraged or inverse funds is wrong. All investments have risks and those risks are taken by the investor not the regulator. Placing restrictions on funds or trading hours based your portfolio size or any other credential is wrongful discrimination.
