No reason to tax something that is not talking away from the old box style money generated funds like stock market. As it does not take away from Big Federal Government. Keep your hands off [REDACTED].
I have been a long investor in leveraged etf for 3+ years. I dont want to be required to pass tests to continue investing in it. And if people put money into it they should be prepared to lose it whether its leveraged etf or stock as I have.
Had I not been able to invest in PROSHARES TRUST II my net worth would be less. I see NO difference investing in it compared to stocks that fluctuate such as TESLA,RIVIAN ETC. WE DON'T NEED ANY MORE GOVERNMENT REGULATIONS.
Too much regulation is not a good thing. The rules are arbitrary and put forth because of one particular type of investment. It could lead to literally any stock investment having restrictions, leading to unnecessary volatility in certain situations.
The money I invest is my money, not the government. The investment is small and is in a separate asset class from stocks, bonds, ETF's etc. This thinly disguised attempt to take over the banking system, making everything requiring permission, will not be obeyed.
Hedge funds have way more tools at their disposal than retail investors. They use these extra tools to manipulate the market and hide all the shady activity they do. THEY NEED TO GO TO JAIL FOR ROBBING AMERICAN PEOPLE. They are going to cause another market crash, short [REDACTED] out of everything, and make billions of dollars while Americans are suffering. Burn them down.
Knowledgeable stock trading individuals should be allowed to express their freedom to take the risk they to which are comfortable in regards to inverse or leveraged trading. Dont pander to the rich and powerful who only believe they should be able to exercise their freedoms.
I believe that I as am investor shouldnt be stop me from investing in leveraged ETFs. In regard to risk these ETFs are not any different than some risky stocks that are presently traded. Leave me my liberty to invest freely.
I am opposed to regulatory restrictions of my ability to buy, sell or trade public stock. My investments are mine and I do not need regulations to hinder my ability to sell, purchase or otherwise invest.
Regards,
James Manuel
I use leveraged and inverse funds to hedge against losses in my stock portfolio.Investors should be free to choose their investments. They do not need restrictions on what they can buy and sell in their investment account. Mind your own business!
