Vasilios Dimitropoulos Comment On Regulatory Notice 22-08
Hello -
Im aware of the risks associated with investing in these kind of funds. No need to big brother me. Find something else to do.
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Hello -
Im aware of the risks associated with investing in these kind of funds. No need to big brother me. Find something else to do.
People don't like paternalistic treatment. Putting a warning, link to educational material etc might be beneficial. But preventing everyone from the judicial use of these ETFs in their hedging is over reach
I strongly oppose restrictions against use of leveraged and or inverse products. Yes, some investors through irresponsible use can be harmed, but in a free society and market retail and institutional investors alike should be able to make their own decisions and accept responsibility for those decisions. Restrictions on use reduces investors ability to manage risk, reduces market place liquidity and price discovery as well as creates an undeveloped playing field for smaller retail investors who wish to manage their own money.
I have regularly invested in leveraged and inverse funds for years and I think it would be a terrible idea to regulate who can invest in these kinds of funds. I 100% oppose additional regulations on investing in these types of funds.
I am professionally qualified(with CFA and FRM certifications) with net worth over $2.5Million and have been trading leveraged ETFs for the past 3 years. My trading strategy requires me to trade such leveraged ETFs, without which I wouldn't know how to trade in the markets.
Therefore, I respectfully oppose any restrictions to my right to invest or trade in the leveraged ETFs.
I am not a child. Please do not treat me like one. I am perfectly capable of understanding leveraged and inverse funds and their risks. I need the ability to hedge my investments, especially during times like these.
This is good way to trade market
Please dont limit the use of these products, they are the only way that many of us have to protect our hard earned investments.
I oppose what is being planned to limit my ability to invest MY money public investments. As we all know there is a level of risk in making any investment and that is a risk I as an individual make a choice on - Not you. Leveraged and inverse funds are important part of my investment portfolio limiting my access to these investment vehicles appears to be discriminatory and tyrannical actions. Your motives are based on very subjective and narrow view of investors that we/I are not smart enough to understand the risks. PLEASE DO NOT IMPOSE THESE RESTRICTIONS ON ME.
Gentlemen, I would like to object to any proposal to restrict trading in certain securities such as leveraged and inverse funds. I am not a high net worth individual, but I have read several books on trading and investing, have taken several courses and belonged to a trading club for a while. So I feel I have a more than adequate understanding of how markets work and the risks involved. Furthermore, there are already adequate warnings and protections available to investors/traders who will avail themselves of them. Opportunities for investor education already abound.