I do not need some bureaucratic agency to tell me what I can and cannot invest in. Public investments should be available to the public.
I understand leveraged and inverse securities and I use them to hedge my portfolio from time to time. I don't need FINRA to decide whether or not I can utilize them.
Go regulate something that needs regulation or even better enforce the regulations
Its my interests to decide my own investment portfolio including Leveraged and Inverse Funds etc. to reach my investment target, NOT limited by regulator.
To Whom,
I am of moderate net worth (under $3M). I am retired and have been trading for decades. I started using leveraged ETFs long ago, and the ample warnings made me research the issues. I did, and I traded accordingly. Yes, risks are higher, but so too are the rewards, and the warnings that explain the risk that come along with these products are what is needed.
The proposed regulations are
I believe I should be able to trade in any form as anyone else. It is my responsibility to be in control of my own assets, whether that be good or bad for my financial health - it is still my responsibility.
You have no right to make laws restricting investments.
The investment domain needs to be played on a level playing field. I need to be able to choose the investments I believe will work best for me and my current financial situation. I do not want to go through any special process to be able to choose my investment allocations. The financial markets in the USA need to remain open to all Americans, not just the elites. Regulating these funds would be
I strongly oppose restricting trading. Everyone has the right to pursuit of happiness per the law. Public investments are public and not private/for privileged/rich that can be assessed with a simple test that some people design who themselves may fail when assessed by people with different mindset. Similar to an education degree does not guarantee that they will become Einstein's or
Regulators shouldnt be able to choose the public investments I decide to get into. I am capable of understanding the risks relates to leveraged funds and the strategies I use are important for me.
I oppose restrictions on investing in leveraged and inverse funds. I am aware of the risks, which are freely sent to me, and do not wish the government to intervene to keep individuals from investing as they see fit.
