John Parker Comment On Regulatory Notice 22-08
We should all have the right to invest when where and how we want. We have worked hard for the money we have an taking away a tool is unjustified
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We should all have the right to invest when where and how we want. We have worked hard for the money we have an taking away a tool is unjustified
My personal income and livelihood is based on my access to a broad variety of public investments. As an active trader, I have learned to use a mix of these to produce a modest, reliable, steady income regardless of market conditions. Leveraged ETFs (inverse or otherwise) are critical tools that allow me to minimize my exposure and preserve my capital. I prefer these ETFs to more time-sensitive options that other, more sophisticated investors often use.
Dear Regulators, I am an independent and responsible trader and I use leveraged funds as part of my trading strategy. I make a living doing this. Please take small investors into account when making decisions that might greatly reduce there way of making a living.
I oppose restrictions to my right to invest.
There are risks with all types of investments. The choices should be a matter of personal decision. It is true that leverage funds have the potential for higher degree of loss in a market downturn. The inverse is also true as they have the potential for a higher percentage of gain when markets are making positive gains.
completely unfair. please reconsider.
I oppose restrictions to my right to invest.
I oppose restrictions to my right to invest.
I oppose restrictions to my right to invest.
Comments: Leveraged and inverse ETFs are nothing more than simplifying the complex and opaque world of derivatives. These products are easy to understand and offer individual investors the opportunity to easily access the benefits of options without the complexity of understanding option pricing, execution and termination. Actions to limit access to these products will do harm and offer no benefit to the people it purports to help.