Jennifer Zhang Comment On Regulatory Notice 22-08
We should be allowed to buy leveraged fund/inverted fund if we understand the nature of of the product
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We should be allowed to buy leveraged fund/inverted fund if we understand the nature of of the product
I do not consent what you regulation team is traying to do, impose different ruls for a sertan group of investors.
I do believe in equality and fairness and a plain field for everyone more when it come to investing.
I do use and need this instrument as a part of my portfolio strategies.
This type initiative magnficate the miss trust in the system in place.
Please reconsider you action before its to late.
All it does it pushed people to look for alternatives options outside the Broken System! Like BTC Coin and a Decentralized wallet etc
Thank you.
I've been investing in "complex" securities for decades, don't tell me I don't know what is right for me and my family.
I am not a child, and am fully capable of making my own decisions about investing, just like I can buy my own house, car, and insurance. I don't need regulators telling me how to invest. I am fully aware of all the risks. I have been investing in leveraged ETFs for more than 15 years, and use them for hedging and for decreasing the amount I invest to get a similar result. Another good use of leveraged ETFs is they replace options and do not have the time decay. I always use them for a small portion of my account. It is arrogant of you to think that I do not know how to invest.
Please be advised that I oppose restrictions FINRA wants to impose on public investors. Leveraged & inverse funds are an important part of any diversified portfolio. Having to meet certain criteria to invest in inverse funds restricts my ability to enhance my overall return. Public investments should be available to all, not a select few.
I have been investing for approximately 30 years and understand investments come with risks. I also understand inverse funds and how they work. We do not need any more cumbersome regulations imposed on investing.
This suggestion to restrict is UnAmerican and is counter-productive. The ETFs make it easy to go long or short the markets just like the big companies and billionaires do.
You should not discriminate against individuals, that is illegal.
Thank you for considering an alternative view.
Horrible idea. Let investors take their own risks. Maintaining ability of regular investors to use these funds allow us to invest with lower costs due to reasonable volume.
I don't want to take any more tests since I studied for my Ph.D. in applied mathematics. However, I do believe leveraged and inverse funds should reveal their advantages and disadvantages.
I use leveraged and inverse funds under certain circumstances. For instance, Im long TBT because it's designed to go up twice as fast as the 20-year treasury bond price goes down. I believe long-term interest rates are on the way up.
Please stop this madness!!