Richard Bowdon Comment On Regulatory Notice 22-08
I do not need regulators to protect me from leveraged and inverse funds. I have used them prudently for many years. They are an important tool in my self-directed retirement investing.
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I do not need regulators to protect me from leveraged and inverse funds. I have used them prudently for many years. They are an important tool in my self-directed retirement investing.
I would strongly oppose adding hurdles to invest in inverse/leveraged ETFs because I think it would prevent people like myself from expressing their investment views freely. While I am a qualified investor, well versed in how to assess risk, and a CFA charter holder, I would recommend many inverse/leveraged funds to friends and family who are not as trained as me but can still understand the risks involved.
To Whom it may Concern,
The thought of keeping a common investor out of these funds is not at all fair! For instance through my ability to investment in such funds as TMF, GUSH, TMV, UCO, SCO and BRZU made me have the ability to have forever changed my wealth status and get a huge jump on retirement.
99% of investors understand the risks of investing. When investors choose to invest in leveraged and inverse ETFs, they understand the risks they are taking on. Leveraged and Inverse ETFs are a very simple concept to grasp, and returns on these investments are much easier to calculate than, say, option contracts. Please don't make decisions off the false impression that people do not know what they are doing when they invest. This is not the case. Let the people build wealth according to their own risk tolerance.
I have the right to invest on whatever financial property while I am fully aware of its risk. It is unfair if the access to the rather complex investment becomes limited only to institutional investors. Please leave them as is.
I don't understand why people can be allowed to invest their life savings into a single stock that may crash and go to zero, but leveraged etfs are where we draw the line? People are always going to find a way to be risky in the stock market, leverage is one of the more well thought out ways to do it.
The gambling of Wall Street must end. The entire world economy is at risk from the gambling of a few bad actors. Company's can be destroyed by dark money pools short selling and pushing down stock prices rather than their ability to perform for its clients and in the market place.
Hello:
I am writing to voice my opposition to the proposed rules for investing in leveraged and inverse funds. Its a violation of my rights as an investor and imposes unreasonable burden on my ability to trade in a timely manner. I consider myself well informed and do not need additional regulations to guide my investment choices. Leveraged and inverse products are an important part of my investment strategy. They provide important hedging functions and enhance returns as part of my overall portfolio.
Thanks You.
This is a capitalist country where we support business and investments. Removing this ability through leveraged and inverse ETFs is contradictory to the values and freedoms on which this country is built on.
Please do not limit the people's ability to utilize these great products.
Hello:
I am writing to voice my opposition to the proposed rules for investing in leveraged and inverse funds. Its a violation of my rights as an investor and imposes unreasonable burden on my ability to trade in a timely manner. I consider myself well informed and do not need additional regulations to guide my investment choices. Leveraged and inverse products are an important part of my investment strategy. They provide important hedging functions and enhance returns as part of my overall portfolio.
Thanks You.