Michael Boczar Comment On Regulatory Notice 22-08
I have been trading leveraged stock funds and I dont believe they need any additional education than a regular stock.
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I have been trading leveraged stock funds and I dont believe they need any additional education than a regular stock.
As a small time investor leveraged ETFs present one of the safest and most reliable ways for portfolio to have exposure that is leveraged higher than the market value. The risks associated with these assets are made clear and are readily presented before investing. I strongly believe that the money I earn is mine to invest in what I see fit and that regulators have no right or business to restrict access to leveraged assets.
When did it become appropriate to act as a nursemaid to grown-up investors?
Evermore rules and regulations are the lifeblood of the bureaucratic / political world. Little do they know or care that these rules and regulations lead to a less robust economy based on free enterprise and unfettered competion.
We do not appreciate the nanny state trying to "protect" us from ourselves!
Trading leveraged ETFs should be treated as other stocks without limitations. First, trading leveraged ETFs is a way to use less expenses but protect one's assets under risky environment if one doesn't know how to trade options. Secondly, while options require approval and have different levels, leveraged ETFs do not have same attributes as options such as losing all premiums or trading uncovered. I urge that we sustain traders' freedom of choosing stocks under our demoncratic country.
I'm writing in opposition of the proposed restrictions to the right to invest in leveraged ETFs. Leveraged and inverse funds are important to my investment strategies. I have 20+ years of trading experience and leveraged funds is one strategy I employ as part of my investment plan.
I do not want to have to go through any special process if i want to trade inverse or leveraged instruments. I am capable of understanding these funds and their risks
Greetings FINRA Principals,
This message is to implore your body to please NOT pass new, highly-restrictive rules/regulations on leveraged securities. I am a retail, middle-class trader/investor who uses these vehicles very judiciously - fully understanding the time decay factor and that they are not meant to be long-term holdings but instead, utilized for short-term swings only. These ETF offerings have been helpful in establishing financial security within my family's investment portfolio.
Comments: Let's know risks and rewards to investors and let them decide to invest or not.
Limiting investment ability is not good.
Where were you when the world economy was about to crumble in 2008? Hundreds were responsible, yet only one person went to jail and you're concerned about this issue? Stay out of my investing life and focus on those that need regulating.
I am adamantly opposed to any restriction or limitation on my ability to purchase inverse and or leveraged investments.