James Shaver Comment On Regulatory Notice 22-08
I use inverse funds as a hedge. I have made money, not lost money with these funds.
I object to FINRA's efforts to restrict access.
I would be in favor of regulating how such products are mrketed.
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I use inverse funds as a hedge. I have made money, not lost money with these funds.
I object to FINRA's efforts to restrict access.
I would be in favor of regulating how such products are mrketed.
Please do not restrict any investor from using leveraged products. If you were to restrict my ability to deal with leveraged ETFs, you will create a situation where I am forced to use Futures or the illiquidity of the Options market to manage my risk or balance my investments' leverage accordingly.
I'm successfully investing in ETF Levereged funds in my investment accounts.
It's really time for the "Big Brother" to move on from your ill advised attempt to save the peons from themselves.
If a person is not capable of making prudent decisions in their life, including what to invest in, is it the government's job in a democratic, free society to save them from their own stupidity? I think not and don't think that was the Founding Fathers intention in the constitution. States rights, limited federal government, the right to free speech, the right to think and act to control your own destiny.
Leveraged ETFs have been an equalizer for my middle class family of 5. I wont use money on margin, and leveraged ETFs have allowed me to significantly increase our familys financial security into retirement. We are a young family as my wife and myself are under 40. We understand the risks, and have been able to utilize these financial instruments in a beneficial way that no other options can. Please do not handicap my familys financial security!
Please vote to keep my right to invest when and how I wish.
Please do not take our ability away from buying and selling Pro Shares. I depend on the income that I generate from writing/selling cover calls from these funds. I have been successfully doing it for some time now. Why should you take this income away from me? My Social Security Benefits are not sufficient for my life needs. Thank you, FRED
Do not stop, limit, or gate in any way my ability to invest in leveraged or inverse funds. I am fully aware there are market risks.
Do not limit my ability to take advantage of these asset classes. I
I oppose the restriction
My savings are invested in these funds and my 401 k is invested in TQQQ etc. my wife has invested in leveraged equities . In case you believed againsst these securities, government should not have allowed in the first instance. Market is sooo low that no one can sell them at a big loss . Please reverse your decision