Will Brown Comment On Regulatory Notice 22-08
Do NOT unfairly limit retail access to leverage and inverse ETFs.
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Do NOT unfairly limit retail access to leverage and inverse ETFs.
Dear FIRA regulators, the effort to limit the ability for average Americans to enjoy the fruits of investing in these instruments is yet another example of Government overreach. If anything, the investor of today is more knowledgeable than when I started investing over 30+ years ago. I think the existing limits in place today are sufficient to protect the public. I know that limiting these investments will greatly reduce the potential for Americans to supplement their income in retirement.
Please stop telling small private investors what they can and cant invest in; our money is green like everyone elses and if we want to take the added risk of leveraged investments we should be able to accept that risk and do so. Requiring accredited investor status is particularly egregious as it excludes 90+% of investors. Its 2022, people are more educated about investing than ever and we need to stop stacking the deck in favor of rich people continuing to run the market.
Hello I not regulators, should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I don't like shorting ETFs so buying long on an inverse ETF is critical for me to be able to make money in bear markets. Same goes for 2x or 3x ETFs. I can enter with smaller lot sizes to receive better payout. Yes I understand the risks. Please dont remove this ability from law abiding tax paying citizens. You will just drive us away and reinforce the negative stereotype of centralised finance.
Oppose the restriction of trading leveraged ETFs. Have been trading them for client's for portion of overall portfolio allocation that is suitable. Educating is fine .. restriction not so much.
These funds serve as a inexpensive way to hedge, and are needed by the small investor.
I am opposed to limiting my ability to invest in stocks of my choosing. Please consider denying an legislation which limits my freedom of choice.
Leveraged ETFs are a fundamental core of my investing strategy, and eliminating them would harm retail investors like myself who are taking advantage of leveraged ETFs.
I oppose restrictions on my right to invest in leverage and inverse funds. I use them as a means of hedging my portfolio when market's are turning or are particularly volatile. By doing so they help me preserve the value of my investments and for me restrictions would be counterproductive.
It is ridiculous to require testing or a special process to purchase inverse funds. Investors require hedging mechanisms. With my exposure to bonds, I require some protection against rising rates, inverse treasury funds help provide that protection. We don't need a nanny, but we do need good sources of information to help us make the best investment decisions.