Joshua Moreno Comment On Regulatory Notice 22-08
Please do not pass #S7-24-15.
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Please do not pass #S7-24-15.
I'm very disappointed to hear that regulators may restrict our ability to trade publicly traded inverse funds. I use these funds regularly to hedge a small part of my total portfolio to add protection in a declining market. I am aware of the risks of doing this, just as I am aware of the risks of investing in an publicly traded security. Restricting the purchase of these leverage funds would likely mean I would have to learn and understand using options to hedge my risk. This appears to be a much more complicated process.
My wife who is a financial advisor has been using these type of investments to trade our account so please refrain from pulling them off the exchange
I want to be able to choose what investments are right for me. I want these funds to be available to me to choose from. I'm capable of understanding leveraged and inverse funds and their risks. These funds are an important part of my investment strategy. They help me protect my investments some times and some times give me better returns and use these as certain part of my investment mix. I seriuosly hope I don't have to go thru any hoops to be able to do this.
this rule is anti-competetive and unfair to the smaller retail investor. I strongly oppose it and its unfair restrictions it would pose to me as an individual investor. Please do not implement this rule in its current form. People like me have the right to make investment decisions as we see fit with our own money.
Don't ban or restrict leveraged ETFs.
Inverse funds are important to the uneducated investor to protect their account in difficult times. If the fool wants to lose their money this way, let them do it. Unless you want t all to go to lotto tickets
there are a lot of investors who are invested in this. whatever you do make sure the rights of the investors who are invested are not under threat
Having the ability to invest on leveraged and/or inverse ETFs is an integral part of my investment strategy as it allows me to take advantage of market volatility and or hedge against it. These funds provide an easy mechanism to optimize returns and reduce risk. As with any other investment product, one needs to be familiar with its characteristics, liquidity and inherent risks. I dont believe regulators should do investors homework to protect themthe focus should be on the ETF funds providers to ensure their disclosures are transparent and complete.
Individual investors should have the right to invest in leveraged products to use as a hedge against their portfolios just as much as Wall Street.