Jiandi Dong Comment On Regulatory Notice 22-08
investors should have ability to invest in leveraged etf as they wish
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investors should have ability to invest in leveraged etf as they wish
I use leveraged and inverse funds to protect investments or increase returns in a very limited amounts knowing that markets can quickly reverse.
Most of the time I don't invest if the market trends are reversing lower or I do invest when the market trend is increasing. I have learned that positions sizing is very important especially in volatile markets.
Public investments should be available to all of the public,
not just the privileged.
Thank you
This is not more risky than so many other securities that are available to the public. Someone can buy Tesla, which is arguably more than three time as risky as SPY, therefore a triple-leveraged index fund is not that much of a leap. Please do not restrict this investment type.
Dear FINRA regulators,
Though I don't work in the Finance industry, I work in Corporate Accounting, leveraged and inverse ETFs are part of my personal investment strategy. I do my own research, read as much of prospectuses as possible, and understand the risks I take before making trades. As a free American, I should be able to keep using leveraged and inverse ETFs like I always have been.
I should be able to choose the public investments that are right for me and my family. 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 not need these measures imposed on me.
I strongly oppose regulators blocking investments such as leveraged ETFs and inverse fund ETFs. These funds serve a valuable investment tool with lower risk than other investment tools such as options and options strategies or even investing is some stocks outright. As a long time investor I am capable of understanding the risk related to leveraged funds and I don't require the government to impose measures to protect individuals.
In a country that advocate equality for all, i would like to have the ability to choose what financial investment are right for me and my family.
Leveraged and inverse funds have been an important part of my portfolio for years providing me with good returns as well as a hedge. Please allow them to remain a part of my investment strategy without any limitations or restrictions.
It significantly limits our investment opportunities.
No one has a problem with investing in Amazon of Nvidia or Facebook at their high points only to watch them lose 25% of their value in a matter of weeks if not days. But yet you want to "protect me" from a leveraged or inverse fund. Best case scenario is you do nothing and let me be responsible for me. At worst is a one time information screen that I agree that I am trading in a speculative market. It just seems anything other than that gives privilege to a select few. Thank You