Robert Glennon Comment On Regulatory Notice 22-08
I the investor need to make these decisions not the government
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I the investor need to make these decisions not the government
As a smaller investor (net worth <$1,000,000), I find that there is great value in being able to trade with a leveraged product. By using a leveraged product that does not require me to use personal margin, I can keep myself debt free, use a leveraged product, obtain the benefit of either rising or falling markets, and hedge long or short. I trade and focus on the S&P 500 only. There is a great deal of high quality research and comparisons with the S&P. Each day, the market goes up or down. I generally trade weekly or bi-weekly.
i think the concept of restricting the public's right to invest in leveraged etf's is plain wrong. There is no reason to single out these investment vehicles for restrictions. The stock market is filled with risks, these not being much more than so many others. I have traded in these for years to my success and sometimes loss. But they are a great way to leverage your decisions. They are no more or less risky than options and far less complex.
This is unAmerican to take these rights away from me. I would be out thousands of dollars that I cant afford to lose. Using a leveraged ETF that I am investing in now is how I planned to afford to pay for grad school. Why would you crush my dreams?
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.
The more laws and regulations that take place of people using common sensethe less common sense people will have!
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.
Do not regulate. All individual investors are aware of the risks of commodities.
Such limits would further the advantage that large brokerage houses and market makers have.
Leveraged and inverse ETF provide common individuals to invest using smaller amount of money. Regulating these is like telling the common people that they are not eligible to buy these. Every one should be independent to buy these else. Please dont take these rights away from investors