I would actually prefer to see increased availability of leveraged and inverse funds. The leverage is comparable to having a margin account while using a cash account. The inverse works the same on shorting without a margin account. The funds hold the margin and manage the margin risks.
My "complication" is futures that move overnight while the funds are unavailable to
Comments: I oppose any further rule-making to limit access to so-called "complex products" (e.g. leveraged / inverse funds or ETFs). There are already plenty of warnings provided regarding the risky nature of these products. At my broker's website, for example, I receive a notification every time I attempt to purchase these products indicating their risky nature and
To whom it may concern:
I am appalled that FINRA would attempt to place additional roadblocks and restrictions on leveraged and inverse Exchange Traded Funds. These are very valuable tools that have enabled me to make money in almost any environment for several years. The ability to hedge nearly any market without selling something short is a tremendous advantage. Leverage is a very useful tool
For investors with exposure to a diversified portfolio, the ability to take advantage of changing market conditions and to hedge existing positions is without restructuring allocations or employing short sales, option, or commodity trades is essential to proper investment management. Inverse, and leveraged ETF's and Mutual Funds are the easiest and least expensive product for this purpose.
Comments:I have traded L&I ETFs in the past. My broker's website asked me to first declare intentions for my account that were consistent with L&I products (short term and actively monitored.) I feel this was more than sufficient to dissuade any uninformed investor that didn't know what they were getting into. I don't want to be "protected" from these
I have a strong understanding of Leveraged and Inverse ETFs: Three keys to ongoing successful use: Short term trades only Position appropriately sized. Continuous monitoring of position. My contention is we do not need additional government regulation / guidance as it relates to these products. I do not have any financial interest other than being able to use these products as I consider
i am completely against FINRA's potential regulation for me, an investor, to freely invest in leveraged ETF's. Currently, I am up over 100% using both short and long leveraged funds. All the funds that i have invested in over the years had plenty of warnings as well as instructions detailing for me how to invest in leveraged funds. It is a government overreach to stop
I have already been blocked out of adding to my investments on certain crypto apps. Why are you preventing me from earning interest on assets that I purchase? you did the same thing when you shut down GameStop trading to cover your [REDACTED] because you had shorted the heck out of it, beyond any reasonable amount. Dont let your greed destroy you.
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. If you want retail investors to continue investing through the rough markets, we need access to public securities like leveraged and inverse funds, which allow us to make bets against the market without the risks that come
To FINRA Regulators,
Please do not infringe upon my right to invest my money as I see fit. Any benefits or losses from my investments into any inverse funds such as the ProShares Trust Ultra VIX Short Term Futures (UVXY), should be solely my responsibility.
Please do not impose any more regulations on these types of investments.
Thank You,
Ho Kim
Palmdale, California
