Jason Parsons Comment On Regulatory Notice 22-08
Leveraged ETF's are a benefit to adding diversity and a hedge in small dollar amounts against my other much more sizeable investments in other unrelated securities.
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Leveraged ETF's are a benefit to adding diversity and a hedge in small dollar amounts against my other much more sizeable investments in other unrelated securities.
A lesson learned - As a retired Quality Analyst from Lockheed Martin, trading an IRA, I've struggled with only trading long. I've learned with inverted ETFs, long is only half of the dynamic. Forced to take a cash tends to make one walk away from the market. This disengagement with the market and reengagement is dangerous. With the inverted ETFs one can stay engaged and work both dynamics, long and short. Going long, to cash disengagement is dangerously imbalanced. Very risky. Long is only half the process. For IRAs, inverted ETFs are less risky than individual stocks.
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.
Regulating what assets a person can buy is not capitalism. The regulators aka central planners are intentionally or unintentionally turning the stock market into a place where only the wealthy can invest and expect great returns. Instead of regulating the 100's of millions of individual investors your energy would be better used regulating the trades of our congress men and women who seem to get into office with very little wealth and then leave office multi millionaires all off the outsized gains from their investment portfolio, with a gov pension, and Healthcare we pay for.
I put 30% in leveraged 3x etfs and then keep 70% in cash. this is an excellent way to not have all of my money exposed to the stock market. I am currently down 20% in those 3x etfs so i need the 3x etfs to exist so i can get back my losses, so you must not take away my opportunity to get back my losses. I use 3x etfs instead of options since options have time decay but 3x leveraged etfs don't have those issues. So please continue to let us use 3x leveraged etfs
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.
Investors are already warned enough on leveraged ETFs that there is no reason for additional regulations and warnings for individual retail investors. Investors should be able to risk their hard earned money in ways they see fit for themselves. Individuals should have a right to use financial products they see fit to use in order to achieve their short term financial goals. Adding additional regulation will only hinder, not help, individual achieve their goals. I urge FINRA to keep the status quo on leveraged ETFs.
Hello,
It's important to me that I retain my freedom to invest according to my own volition. Government overreach is becoming a big concern for me as I see our own individual freedoms being enroached. I fully understand the hazards of investing in an inverse ETF and it chose to do so hedge against the downward momentum in the market due to inflation and detrimental policies coming from the Administration. Please defend the people's right to invest the way they believe is best and leave them to sow their own fruit, whether good or bad. Thank you.
I oppose restrictions on the public's ability to invest in complex products for numerous reasons.
1. The definition of a complex investment is vague, arbitrary, and subject to administrative change in the future. This can cause a new risk for investors who may hold these products now but may be restricted from them in the future, forcing them to sell the products.
Free access to investment opportunities is vital to American rights!