Jeffrey Brumitt Comment On Regulatory Notice 22-08
Leveraged and Inverse Funds are an important part of investing strategy. It creates options to offset adverse market conditions. These are much needed funds for any investor.
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Leveraged and Inverse Funds are an important part of investing strategy. It creates options to offset adverse market conditions. These are much needed funds for any investor.
I strongly and vehemently OPPOSE this rule attempting to restrict my choices in investing in Leveraged and Inverse Leveraged ETFs. As an individual investor I have invested in these continuously over a 15 year period with no negative results. We know what we are doing and the SEC should not interfere with unneeded restrictions on my rights.
The proposed regulations are unnecessary and ill advised. ETFs do not need special regulation. I am strongly opposed to these proposed changes.
Leave etfs alone stay out of biz
I oppose SEC Proposed Rule #S7-24-15. I have the right to choose the public investments that are right for me and my family
The proposed regulations to protect investors from high risk investment options are not in my best interest. Better to have investor warnings when purchasing them but not specific requirements based on knowledge or net worth.
Absolutely not - this is an attack on the free market! will move millions of capital to non-us based exchanges as a hedge
Get a grip -leave well enough alone.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. I 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.
While I understand the SEC's concern to protect potential investors, straightforward access to leveraged and inverse funds are an important part of many, including my own, investment strategies. I have an extensive long portfolio and I use leveraged and inverse ETFs to hedge my long positions. This has been especially helpful to my bottom line in these recent volatile market sessions. Moreover, if I anticipate a significant decline in the market, use of such ETFs may enhance my returns.