I'm strongly opposed to any restrictions on leveraged/inverse funds. I feel I should be able to invest in these funds without passing a test, special approvals, or having "high net worth".
Every investor is able to decide for themselves and understand the risks of leveraged/inverse funds. Regulators should not be a part of that decision and should stay out of the
Hi, please do not restrict leveraged ETFs. They are a powerful tool for retail investors to get leveraged exposure, without having to go through margin, options, futures etc.
- I should be able to choose the public investments that are right for me
- I shouldn't have to go through any special process like passing a test before you can invest in leveraged funds.
- I am capable of
I am vehemently opposed to restrictions to my right to invest in any and all leveraged and inverse trading funds.
I believe 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 shouldn't have to go through any special process
like passing a test
The Series 7 exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative.
It is invaluable that you continue to allow access to asset trading of crypto currency futures etfs and frankly any asset available to professional traders. By restricting trading of these assets to high net worth individuals you continue to promote a society where the wealthy have more opportunities for wealth growth than the average person. You may deem that it's better for average
I oppose restrictions to my right to invest in public investments. 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, including cryptocurrency
(a) A member or an associated person must have a reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the member or associated person to ascertain the customer's investment profile. A customer's investment profile includes,
Comments: 1. I agree that while allowing investors to trade Options, they need to understand the product well. This can be ensured by (a) looking at their qualifications and /or experience in Finance; (b) if (a) is not satisfactory, then look at their tranck record of trading options to see if they have made 75% or even up to 90% losses; if so, they need to undergo educational guidance before
Comments:I cant believe the FINRA what to interfere with the small investors making a few extra percentage points on their money. Leveraged Efts are one of the only places a small investor is on a level playing field in the marketplace.Sure theirs risk but thats what made America the land of opportunity. A Small investor can go long or short just like the futures without worrying about the
Please don't limit access to the leveraged and inverse (L&I) funds. These funds are good investment tools to compliment my investment portfolio. They follow the many market indexes and therefore are more stable and non-bankruptcy prone unlike stocks. These L&I funds are less risky than investing in individual stocks because these funds have more stocks within their fund