Paul Ashcraft Comment On Regulatory Notice 22-08
I am capable of understanding leveraged and inverse funds! I should be able to choose the public investments that are rigth for me and my family!
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I am capable of understanding leveraged and inverse funds! I should be able to choose the public investments that are rigth for me and my family!
It is outrageous that you would deny individual investors the opportunity to leverage or hedge their own money the way they want to. Enough of your so-called protection. You are only interested in holding people back.
This action is not based on any evidence of misuse of leveraged ETFs. Arguably, this action would push investors into far riskier investments such as cryptocurrencies, margin trading, short term options, and penny stocks - why draw the line at leveraged ETFs? Utilizing a leveraged ETF tracking DOW30 and S&P500 as a small percentage of my portfolio helps me enhance my returns.
I want you to know that leveraged and inverse funds are an extremely important part of my investment strategy.
These types of funds help me to find above average returns and dividends on my capital and I use them as a supplement to the bulk of my portfolio.
I value my ability to invest in leveraged and inverse funds. I did my research beforehand and decided what to buy. Making these available just increases values to citizens.
Leveraged ETFs are integral to generating returns when used responsibly. Attempting to eliminate them as an investment tool smacks of legislative overreach. Instead, focus on eliminating the proliferation of guns, which are literally being used to kill Americans every day!
It does not make sense to limit leveraged investments as long as I can get a mortgage for 20% or less down payment in an asset which can lose 50% in the matter of months during a recession. How can that be safer than using leveraged and inverse investments? I'll tell you that it's not, in fact is significantly less safer. What harm is it to limit inverse investments when investors can short stocks? Focus on the bigger issues and leave investing to each individual's personal risk profile.
Every adult should have the right to invest and bear the consequences of his or her own actions and decisions. I oppose this new proposition.
I am a qualified investor that has done well with these asset class, taking this away is wrong
The funds prospectus makes it clear what the fund is doing and what you are doing with your money if you decide to invest. Please, do not pursue further regulation of these funds. The funds are performing as designed. Any limitations on such a fund creates yet another barrier for the retail investor to gain access to similar leverage that many more fortunately endowed elites have access to. We are paying for access via the expense ratios and understand the risk.
Keep this free from further regulation.