Dear Sir or Madam: One aspect that I love about the financial markets in this country is the FREEDOM we have to invest in a wide variety of investment options, such as leveraged funds. I am grateful that we live in a country that believes investors are intelligent enough to ascertain the risks and rewards of such investment vehicles. BUT WAIT! So regulators are considering limiting access to such
Leveraged funds are important for young small time investors like myself to be able to have access to similar financial vehicles that large investors and institutions are able to use. I use the LETF's to be able to construct a balanced 60/40 portfolio that provides a higher risk-adjusted return than a stand alone index fund would be able to. Imo, there are many stocks that bare much
Regarding FINRA Regulatory Notice #22-08, putting what said notice of preventing potential buyers of leveraged and inverse funds means to individuals already holding such positions: When and if valuations of normal Wall Street stocks crash or tank, those already holding positions of leveraged and inverse funds will either not be able to profit or recoup from potential loss. As those already
The proposed additional regulation regarding limiting access and tradability of inverse, leveraged and volatility ETPs is nonsensical and plain wrong. Investing is a way for the masses to generate wealth, one small chunk at a time. Not everyone needs to be an accredited investor in order to be able to buy more complicated financial products than common stock and government bonds. Quite the
I oppose restrictions or regulations that inhibit my investment choices. I intentionally choose leveraged or inverse funds as a part of my portfolio. I want to be able to buy or sell those funds at any time of my choosing. These funds have risks like other funds or stocks. We don't know the future. But we all have our own hunches as to what might happen. Noone should have the right to make
I am an accredited investor, and I am asking you to reconsider restrictions on leveraged funds. My investing expenses would dramatically increase due to destruction of liquidity. I can move to options or other products but again they are more expensive. The proposed change increases investing costs for anyone making sensible portfolio choices. Leveraged funds are a powerful tool when properly
To whom it may concern, Although regulations within a society are important, I disagree with regulators limiting an individual's ability to choose publicly traded investments. Leveraged and inverse funds carry increased risks, but it is an individual's right to invest in them. As an individual, I am perfectly capable of understanding these types of funds, however, if I choose to invest
Comments:I am a long time investor and have used various brokerage houses for my stock portfolio. I have traded both leveraged and inverse ETFs. It has been my experience that major brokerage houses have advised me of the caution that should be taken in trading these Funds. In addition Direxion has excellent tutorials on the use of these Funds. The use of these Funds is no different than the use
Most people get that investing is risky. If they passed high school, they'll have learned about things like the Great Depression where people lost everything on their stock investments. If anything, the burden should be on the organizations doing a fundraise to provide all the information that people need to make smart decisions and establish that they aren't going to pull the
I was directed here from an advertisement on Reddit. TL/DR: I fully approve of your work (in general) to protect the public from the cesspool of fraudulent "investments". This includes "complex" investments, and (in my own area of higher knowledge), all of the "crypto currency" and NFT and similar investments. The ad on Reddit pretends that they are concerned about
