In a free country I should be free to invest my money the way I see fit, not the way the government wants me to invest. I have done very well in leveraged and inverse funds. Markets go down as well as up and you can beat the market without the risk of individual stocks by using leveraged funds. The government has already taken far too many of our rights away in an effort to cater to powerful
We don't need more of the nanny state trying to protect us, especially as the federal government creates property and stock market bubbles with their insane federal reserve policies. Perhaps your time would be better spent worrying about the fact the govt is bankrupting the country instead of hand holding investors. Let the free market work. We already get plenty of notification of the
This is ridiculous, there are already disclosures and warnings most, if not all, brokerages make available to customers prior to accepting leveraged trades. Quit wasting tax payer dollars on this type of garbage. If anything, have investors take a free online education course on leveraged funds. Your [REDACTED] proposal discriminates against the poor and has no consideration for their financial
Ive worked in an administrative position for many years and am well versed in the market. I currently invest in some leveraged etf funds. Like all stocks and bonds, there is always a risk. It is up to the individual to do their homework. It would be highly unfair to subject regular investors to having to take a test or to jump through hoops to buy some of these products. Obviously global
Dear Sir or Madam:
I am a responsible, literate adult who is quite capable of researching my own investments. I take full responsibility for my successes and failures as an investor. Now, more than ever, I and other investors need ways to hedge against large drops in the stock market. Your proposal of these restrictions is very suspicious, and actually makes it more obvious that now is the
I am 71 years old. I have been investing in stocks bonds and especially ETFs since I was 31. My experience is that leveraged ETFs an inverse leverage ETFS Have allowed me to safely invest for 40 years. Without these investment options I believe my long-term financial situation in retirement is at risk. I understand the risks of these investments and invest wisely. I dont need help from regulators
Citizens must be allowed to invest in any form of Investment that they want. Citizens must be able to determine if they can afford to lose or gain on investments. The government is essentially a partner in the form of taxes levied. If there are any gains, it is a win win situation for the government to not get in the way of this relative new form of investing. I haven't lost any money in
To Regulators, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds because I have more than 40 years of stock and options trading experience in USA. I am capable of understanding those funds and their risks more than any finance professionals. It is totally against the spirit of law under democratic
Comments: I would like to voice my opinion about leveraged & inverse products. I believe inverse products provide an inexpensive opportunity for individuals and advisors to hedge / short positions. Other options such as Puts are far more complex and expensive. As for leveraged ETF's, my simple thought is there is no need for these products whatsoever, with the key word being need.
I very much disagree with the idea that an unelected bureaucracy, however laudable its motives might be, should be telling ME what publicly traded investment I can buy, is outrageous, and totalitarian. One can clearly see that ordinary people are often better able to see value than are so-called experts. And if an ordinary person , like me, screws up based on faulty logic, so be it. On the other
