You not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
It is very important that you express your views in your own
wordsyour comments are more likely to be taken seriously
by FINRA if they reflect your own experience and perspective.
Not only do
To whom it may concern,
I urged you to reconsider your position on this issue and let Americans citizens make investment decisions for themselves. We are legally able to go to Vegas and lose everything, but we cant decide what to invest in? This I find to be incredibly hypocritical.
Sincerely,
We need the right to invest in what we choose don't take this right away from us
While I understand that this RFC is for members to provide feedback, I would like to provide some general comments as an individual investor who makes extensive use of geared ETFs. Accordingly, most of my comments are "geared" towards them (sorry, had to!). For your consideration:
1. There is no relationship or similarity between the various products outlined in this RFC.
This is unfair rules the regulars are trying to enforce. What would their reason for this, they dont have the right to block consumer to buy and sale.
I use inverse funds as a hedge. If that fundamental investing technique is removed from my options for the management of my portfolio, the possibility of catastrophic loss increases. Regulators don't know my investment tools needs, and have no right to tell me. or other retail investors what they need to manage their own portfolios. So basically, keep your hands of of my stuff, I need to
I strongly oppose limitation on my labiality to trade the fund.
I, not the government, should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Leveraged and inverse funds are important for my investment strategy. They help me hedge my investments we well as earning enhanced returns.
I manage over $90 million in client assets. A major part of our risk management strategy is to buy up to 35% in inverse funds on the rare occasions the technicals are very bad. This only happens once every few years. We use a 10% stop, so our clients have a 3.5% risk (10% of 35%) to make gains/hedge when the markets make major corrections. This is explained to our clients initially, and at
Any increase in regulations equates to an equal loss in personal freedoms.
Investors should continue to have the freedom to choose their investment strategies - not regulators.
