Michael Alpern Comment On Regulatory Notice 22-08
Just stop this over reach!
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Just stop this over reach!
I oppose the proposed regulation. I use leveraged ETFs as part of my wife and Is investment strategy. I should be allowed the freedom to choose what investment choices I make.
Do not restrict my rights as an investor.
Public investments should be available to all of the public not just the privileged or hedge funds. Nor should a investor have to go through any special process to invest in public securities. Leveraged and inverse funds are a important part of a individuals investment strategy. In summary I oppose any restrictions to my right to invest.
Leveraged index are important for private investors like me. I have a high risk tolerance but don't have the time to manage puts and call on a daily basis. This is why leveraged funds like TQQQ and SQQQ are products that I use frequently. I understand why regulations try to limit what inexperienced private investors can have access to. Investor who leverage themselves above their risk tolerance and loose their stakes or their life savings are responsible for their incompetence.
Stay out of my financial business. Stop trying to play mom and dad for everyone and worry about yourself. We don't need your [REDACTED] hand holding.
I would like to speak in opposition to rule changes re leveraged ETF's. These investment products have allowed me to hedge some of my risk in the markets. These products are cost effective. They allow me to keep most of remaining investments in conservative low beta alternatives, while allowing a small portion of my portfolio to hedge some of the risk. Steve Davis
I have used leveraged and inverse funds many times as I grow my holdings, I don't want my ability to use these types of funds restricted. Please do not add another layer of regulation to the use of these funds. I would not be opposed to a better level of education of the risk of these funds, perhaps included in a simple and basic explanation for rookie investors to better understand the risks involved.
I have been an individual investor for 30 years. I use leveraged etf's to help myself manage risk. They serve as an important part of my investing plan.
Please allow us to chose. Leveraged funds allow us to hedge current positions making it safer for our portfolio. They're not being used to make risky bets.