Francisco Moleiro Comment On Regulatory Notice 22-08
I oppose new regulations to limit me from trading 3X or inverse ETF. Thanks
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I oppose new regulations to limit me from trading 3X or inverse ETF. Thanks
Hello---I feel I should have the right, not a regulator, to make my own decisions regarding my personal investments and strategies. Furthermore, I shouldn't be required to have to pass a test to invest in anything I which I would like to invest--it is not the governments job to regulate my personal choices and my preference for my personal investments. Please do not regulate my personal decisions.
Shorting stocks is critical for markets to operate with maximum liquidity. Leverage that is speculation that fuels shorting stocks. Many investors dont have available funds in their trading accounts to short stocks directly. Leveraged shorting allows better gains than otherwise. Please keep inverse leveraged funds available for trading
It is my right, an an American to invest where I want. Ridiculousness is intolerable. Enough is enough with imposed restrictions.
Please do not restrict my access to leveraged funds. I am capable of self managing my trades.
please allow speculators to continue using this investment. over 50 years experience trading options.
Leveraged and inverse ETFs provide me an opportunity to protect long-term investment of hard earned capital during natural shifts in market conditions, rather than try and time the market and sell long-term investments to later rebuy (a proven ineffective strategy). To buy protective options is considerably more risky, and cost-prohibitive. These ETFs allow everyday investors a clear manageable method to protect and grow our savings.
I want to firmly protest the proposed restrictions on inverse trading being considered. Concise cautions for inverse funds are appropriate as is regulatory oversight to prevent fraud in their operation as should be applied to all financial instruments. In my dealings regarding inverse funds precautions are already supplied by the funds themselves and the brokerages like Charles Schwab that provide them. I have a right to purchase these funds without any hindrance once the standards of fiduciary responsibility are met and the information is conveyed.
Investing always carries risks with it. Leveraged funds and inverse ETFs have risk. But we have seen the wild swings of the market and blue chip stocks have substantial risk as well. Perhaps those who wish to restrict access to investments mean well, but the net effect of limiting access to inverse ETFs and leveraged funds is that it will create a 'good ol boys' club for larger investors. It is inconsistent with the ideals of America. Everyone in America should have a shot. There is nothing predatory about these funds. They are simply different investment vehicles!
Please do not interfere with my right to select my own investments. I do not want or need the restrictions you are considering.