It is entirely inappropriate to limit public access to trading L&I funds. The idea that the public needs protection from these complex products reveals only FINRAs ignorance as to the general intelligence and sophistication of the public. FINRA ought to propose a rule to limit the limits it is allowed to put on the public.
Please don't assume that investors don't understand the risk associated with leveraged investments. If you want to fix the market, then don't allow the short interest of a stock to exceed the total float of the long interest. Verify that ETN are properly backed so wild market swings can be covered.
Comments: do not remove the 2x,3x,-1.5 ,2x,-x3 form the market all youre gonna do is disrupt the market unless thats what your plan .. Keep tqqq sqqq qid qld UVXy .long live the economy!
please leave this opportunity as is, do not complicate public investment, it should be available to everyone, not a 'special' people
I disagree with this new proposed regulation ,
Dear Sirs,
In my opinion FINRA is taking a deceitful step in proposing to restrict an individual's right to invest in Public investments. What you propose is an over reaching "Nanny" solution. People who invest do so with the knowledge there are risks. We win some and we lose some. The dwindling middle class has been affected more from Federal manipulation of the
I want to continue to have the right to invest in leveraged and inverse funds as a risk protection of my overall assets.
The final arbiter of an individual's wealth should always be that individual. This is the only way to ensure a fair, just, and democratic society. Leveraged ETF's are a reasonable tool to help level the playing field and everyone should have access to them who so desires.
Dear FINRA, I will like the freedom to buy securities that accomplish my long term goals. Sometimes, my goals include buying leveraged ETF's. Please do not limit my access to these very important investment tools.
Comments: I do not support FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products". I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. My brokerage firms,
