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I am writing to express my disapproval of the new proposed rule to limit leveraged ETFs for retail investor.
I am certain you have heard many arguments and I am certain you will ignore them anyway, but I will leave you with this, america is built on the concept of free market. By limiting what retail investor can you, you will once again aid in the transfer of wealth from the average American to
Horrible limitation.
Let everyone invest
We follow a very regimented investment plan that utilizes, in part, leveraged funds. It is providing an income stream for us now in our retirement.
We were vetted by our investment company (Fidelity Investments) in order to trade freely with leveraged funds. There should be no other restrictions placed on an individual's right to choose their method of investment.
Please stop them from attacking our rights to invest,and steal what we have.
I do not want any restrictions to my rights to invest.
FINRA's attempt to limit my investment alternatives is an overreach. I've been investing in leveraged ETFs for several years. They are an integral part of my investment strategy. Leave me alone!
The stock market is a crap shot. Volatility has increased tremendously since the DOWN TICK RULE TO SHORT was removed. Whether you buy a leveraged/ inverse fund or NETFLIX, AMAZON, or commodities, they all go up and they all go down. THATS THE GAME. Diversity isnt working now either with bonds AND stocks trading lower. Thats the game.
You DO NOT have the right to tell me who and what I can invest in. That is MY decision.
I'm invested in a few products that I signed onto prior to prototype development. some of them needed the startup capital to build the prototype in the first place. Some only work within a full network of prototypes. Requiring testing limits creativity only to those with significant resources. This negatively affects investors and inventors and undermines prospective small business