Sir/Ma'am,
It has come to my attention that restrictions are being considered that would impose restrictions on the types of investors that can invest in leveraged and inverse funds.
I find the fact that this is even being considered to be deeply hypocritical considering the fact that many individual stocks (nevermind cryptocurrency) have similar or even more aggressive risk profiles
Do not implement this regulation. The federal government never properly evaluates unintended consequences. Stop treating the general population as though they cannot read and understand. Let me invest the way I want to invest. I have been trying to get treasury bonds out of the treasury for eight weeks and cannot even get through on a phone. The federal government is beyond incompetent. What
Dear Regulators:
I strongly oppose the proposed regulation that would limit or eliminate access to leveraged and inverse investment instruments.
These tools are a critical piece to actively managing a portfolio, and provide unique alternatives to individual stocks, passive ETF's and mutual funds.
Given the many events in the last several years that have dramatically affected the
I think we, as investors, should be able to choose the public investments. That is the right for myself and my family. Public investments should be made available to all the public, not just the selected classes (people with high net worth etc.). We understand the risks associated with leveraged and inverse funds. They are important to my investment strategies, which took me over 10 years to
Im 58 years old. I have more than ten years of investing experience and have amassed more than three millions in stock assets, mainly by using leveraged ETFs to take advantage of severe market sell offs such as 2008 financial crisis and Covid-19 pandemic. I have found that the leveraged ETFs are extremely powerful investing tools for experienced and responsible long-term investors like myself who
I would like to request that FINRA not restrict our ability to purchase leveraged and inverse funds.
Modern Portfolio Theory postulates that our main resource for profit is a function of risk. Almost any investment can have its risk dialed up or down to meet our financial needs.
So, it is prudent to allow all investors the ability to decide for themselves and take personal responsibility for
I have used leveraged and inverse ETFs regularly and profitably during the market correction of the last 6 months. If not for the profit that I have made by using these ETFs as a very effective hedging tool, the value of my stock portfolio would have plummeted by more than 30%. But with the use of these leveraged and/or inverse ETSs as hedges, the overall value of my portfolio has gone up, not
This is another example of government over-reach. I should be able to choose the public investments that I deem are appropriate for my goals! I am quite capable of understanding risks associated with securities, as well as those associated with crypto-funds such as BITO. I do not need special processes passed on to me to pass a test, nor approval of my broker.
My investments are spread among
I understand with the influx of retail investors in the past couple years there is a need to help protect them from all of the complex investment options out there, however, restricting use is not the answer. It seems at every turn recently, the retail investor is used as the excuse for a problem that is caused by the major hedge fund and market makers. Retail traders do not have the ability to
Hello, Regulators,
Nobody likes you. Many (fully) understand what you failingly attempt to do. Billionaires get full access to an American Dream, freedom to make money and upward mobility (they already have it.), while you (failingly) try to disenfranchise regular people those who can use it most. Free, and open markets mean free for all: Try focusing on frauds as stocks, frauds, Chinese A.D.R.
