Igor Lazarev Comment On Regulatory Notice 22-08
I oppose the restriction to my right to invest in leveraged funds.
This is crucial for me and my investments to have the ability to do it freely without any restrictions like it is now.
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I oppose the restriction to my right to invest in leveraged funds.
This is crucial for me and my investments to have the ability to do it freely without any restrictions like it is now.
I've been trading TQQQ, a leveraged ETF for years. This fund is very important to me and my family. I fully understand the risks and potentials in trading leverage funds. As an individual investor, I should be able to choose my own investment strategy and don't need any special measurements imposed. Thank you!
It's not fair for retail investors.
I have been buying these funds for a long time now and I do not think they should be restricted.
These types of funds are a very important part of my investment portfolio. While they do not make up the majority of my investments, they allow me to choose exactly how much equity risk I expose myself to. In addition, these funds are often safer long term investments than individual stocks. I implore you to maintain the American freedom to invest in the ways we think are best.
I am opposed to limits/tests/net worth qualifications on inverse or leveraged ETFs. I use them as a hedge on a portfolio of stocks to protect from market downturns and I think everyone should have that option. It should be the investors choice. Investors already can buy individual stocks and many of them are down over 50% as well so it's not like people can't lose money the "safe" way. By limiting who can use inverse or leveraged ETFs you are just locking some people out of the opportunity to protect their assets or amplify their gains.
I do not initiate any investments on margin. I use my own funds for investing in leveraged etfs. If a firm wants to provide leverage for me with their investment vehicle, I should have the right to utilize it without any interference from your organization. The last time I checked, this is still a free country, although sliding into the abyss, rapidly thanks to organizations like yourself. It is my money to win or lose. What is the difference if I traded much more highly speculative, futures or options?...no tests required? I completely understand leverage and how it is used.
I have been investing for many years and it is just un-american to try to stop normal up standing American citizens from the right to make their own investment decisions. It is important that each individual have the right to choose the best investments for their family. All investments should be available to all of the public, not just the privileged super-rich who then take advantage of the rest of the population.
I should be able to choose the investments that are right for me and shouldn't have to go through any special process like passing a test before being able to invest in leveraged funds. The choice and risk is mine!
I use leveraged and inverse funds as a way to balance my portfolio and am fully aware of risks involved. This allows me to manage my investments on my own. I strongly believe that this and all investment options should be available to regular retail investors and I should not be made to pay commissions to a fund manager to be able to utilize these instruments. This is an important part of my investment strategy and I will have much reduced income and growth potential if I am not able to use these funds.