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I DO NOT WANT IT! My voted representative are the only ones to make these changes. AND I WOULD NOT VOTE THEM IN! My Brokerage House screened me on experience And rejected most of my friends for lack of experience. These investments Are In a category similar to gambling, vacation funds, sports equipment, boating with a possibility of enhanced returns.
I strongly oppose this measure of controlling investor activities related to "complex products". FINRA shouldn't be stepping on people's toes and trying to tell them where they can and cannot invest. It should be up to individual investors to educate themselves and decide. Instead FINRA can provide the means and encouragement for related education.
Sincerely,
Really? Dude come on keep taking away our freedoms and there are going to be a lot of problems.
Dear Officer,
As a retail individual investor I found that the leveraged ETFs enhances our ability to have more returns with acceptable risk. Although it can lead to losses in downturns and choppy market conditions, overall I find it a useful tool for parts of the portfolio. I request you to not take them away from us as it will lead to more asymmetrical privileges for people who already have
Having some portion of the leveraged/inverse funds helps make the investment more diverse.
Young investors like me have very good understanding about investments. Leveraged and inverse funds help protects us during volatility of stocks. Covid-19 pandemic stock crash proved this. So, please allow trading without restrictions.
I - not regulators - 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 should not have to go through any special process before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Investors should be allowed to own any ETF, including inverse ETF.
I don't want you the regulator to pass legislation that would halt my ability to invest in any enhanced fund.
Please dont pass this rule so I can have the freedom to invest in what Id like.
I should be able to make any investment decision myself you should not make this decision for me.
Leaving complex investments for the rich only prevents normal citizens from reaching comical independence, the American Dream.
This will further divide our country.