Please reject this proposal to hamper the ability for individuals to freely invest in the market based on their own decisions about risk and reward. No investor has asked for guardrails to be put up around these products. In fact, it only seeks to further limit the free market instead of truly protect people. Requiring a certain net worth or level of investment to qualify for purchase of an
To FINRA,
As a professional in the investment industry, I strongly feel the disclosures regarding investment performance and risk are well communicated and transparent regarding leveraged ETFs. It is very simple to understand those products that have 2x or 3x leveraged being specified as DAILY performance.
To limit the ability to invest in those products or to remove them completely would create
- It's abhorrent that regulators are proposing to choose the public investments that are right for me (not regulators). By definition public investments should be available to everyone, not just those who are of high net worth or in privileged positions. - I am university educated and capable of understanding both leveraged and inverse funds and the risks. I shouldn't have to jump
I oppose restrictions on my right to invest in public investments.
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 privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of
In the past 40 years, federal policy has increasingly placed responsibility for retirement saving squarely on the shoulders of individuals. It is highly inappropriate for the government to assign that burden to individuals, then limit or restrict the sorts of investment vehicles available to individual investors. That includes leveraged funds, which, when the associated risk is properly managed
I am writing to express my objection on restrictions on investment for the working class people. The idea that I should not have the right to invest in ways that I so chose is something I would expect from Russia not the USA. Regulations such as these only serve the rich at the expense of the middle class. Our country has seen too many politicians taking rights away from its citizens. Everyone
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 shouldn't have to go through any special process
like passing a test before I can invest in public securities, like leveraged and inverse funds I am capable of understanding leveraged and
While I understand the need for, and value of, some regulations to insure that unsophisticated investors do not utilize inverse or leveraged funds to their detriment, I do not believe those regulations should be unduly restrictive. Specifically, I do not support required testing or mandatory cooling off periods. I already accept the requirement for demonstrating appropriate net worth and getting
Dear FINRA, I am concerned about the potential changes that could affect my ability to purchase leveraged and inverse funds. I am an ardent supporter of the general public having access to the funds without the need to make these purchases though privileged brokers. I am well aware of the limitations and risk involved with these funds. The process that is being considered to make these purchases
I not regulators should be able to choose the public investments that are right for me and my family. You do not know best for others!
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 I can invest in public securities, like leveraged and inverse funds.
I am capable