I have invested and traded stocks, options, etf's for 20 years and understand the risks involved. I have a high net worth and only risk approximately 5% of my stock portfolio on options and etf's hedges. I have extensive knowledge by reading about various types of investments. This is the U.S. where we should have the right to invest public investments of all kinds if we choose
I oppose this restriction. First, some leveraged ETF like those 3X SP500 index, are actually less volatile than many individual stocks. If we restrict them, does it mean we need to restrict investing in many individual stocks ? Second, for people who would invest in these type of ETF, they will seek other ways to invest with leverage (such as borrowing money) if these ETFs are restricted.
FINRA,
I am opposed to the new regulations further restricting retail investors. As a retail investor it is my responsibility to manage my own risk and be aware of the stocks and securities in which I invest. I am a grown man and do not need you to act as my mother. The risk is my own and your regulations will just make it harder for investors like me to profit off of securities and stocks. So
Ive been well informed by my stock broker with written documents and explanation about the risk of leveraged and inverse funds/ETFs. Therefore, I DO have the knowledge and understanding about the risks/rewards regarding the said funds/ETFs. Thus, I would like the freedom to trade inverse and leveraged ETFs since they enable me the flexibility to profit from both rising or falling or even flat
I have spent 50 years perfecting my investment process both personally and for clients. I managed to survive and flourish through 8-9 bear markets. I accomplish this by using the most broadest of diversifications including being able to sell short markets. Inverse etfs including leveraged ones are important tools to have in the tool box to accomplish this. they are convenient and in many ways
It is simply un-American and wrong to restrict access to certain investment vehicles simply because FINRA has generalized that the average retail investor is incapable of comprehending the products in which they invest in. From someone who has been studying leveraged funds for years now, please do not do this. One could argue that investing in small biotech stocks or "Bottom Fishing"
This is so much of another government over reach. My money is my investment. Any way I chose to invest it. This proposed bill is just about as unconstitutional as it gets! There are many ways to lose money on investments: penny stocks, SPAC's, the general stock market alone, shady brokers/financial advisors running ponzi schemes, and many more ways. Are you going to start putting sanctions
SummaryFINRA has amended FINRA Rule 4210 (Margin Requirements) to establish a specified exception under the margin rules with respect to certain short option or warrant positions on indexes that are written against products that track the same underlying index. Referred to as “protected” option or warrant positions, the new exception conforms with similar provisions Cboe recently adopted. The
I oppose restrictions to the stock market.
all stocks are risky by nature.
