Brett Putnam Comment On Regulatory Notice 22-08
I believe I have the right to assess the risks and trade the triple leveraged ETFs I choose.
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I believe I have the right to assess the risks and trade the triple leveraged ETFs I choose.
I should be able to determine which investments are right for me and my family not some regulator who doesn't have my best interest in mind.
I am a grown up. It is MY responsibility to realize the risks in my investments. Let ME be responsible for MY investments without regulatory hurdles.....
I have been using index Inverse Leveraged ETFs (I-LETFs) as a portfolio hedge, given that my single stock positions can be volatile, and that my portfolio is not correlated with the indices I inverse.
I use I-LETFs in my active trading account, not in my long term investment account.
I object to restricting my investment rights.
I oppose this investment restriction as it can seriously impede and negatively impact my ability to grow my own retirement funds the best way I know how.
I would like to hold leveraged index funds such as TQQQ in my Roth IRA account. I am an experienced investor.
i've traded inverse and leveraged products for several years and will continue to use these for short and medium term trading. perhaps investing platforms could implement automated or assistive a. i . approach to apply stop loss exits based on volatility and guidelines for loss mitigation. thank you. ps the inverse products are especially useful in declining markets when volatility prices options at a high level.
It's important to me to be able to invest in leveraged etf's as they offer less volatility than many stocks.
I should be able to choose the public investments that are right for myself. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do need these measures imposed from regulators.