i DO NOT WANT TO LOOSE OR HAVE HINDERED MY ABILITY TO TRADE LEVERAGED STOCKS AND EXCHANGE TRADED FUNDS.
It's important to me to be able to invest in leveraged etf's as they offer less volatility than many stocks.
It should be to the investors chose to buy stocks. If they are available and the people agree they fit their goals it is their right to purchase and sell.
I AM FREE TO BUY THE DIP OF WHATEVER STOCK I WANT, AMERICA IS SUPPOSED TO BE FREE. TQQQ and SPXL FOR LIFE
I occasionally use various ETFS that short major indexes or multiply returns on major market ETFs such as the DOW, the NASDAQ 100 or the S&P 500.
I feel that it is a restriction of my ability to choose my personal risk levels if you place limitations on these financial instruments.
Dan Eacret
What ever happened to the concept of individual responsibility? Why does government and quasi government entities think I/We are blithering idiots?
For the record: I am adult who understands risk. If I wish to invest in a high risk investment, That is my prerogative!
In short: IT IS NONE OF YOUR/GOVERMENT'S BUSINESS!!
I strongly disagree with any government or regulator-imposed restrictions regarding investment in inverse and levered ETFs. These are a key part of my investment strategy, especially in my 401(k) account where I am unable to hedge and take a short position in securities and am unable to purchase (be long) options.
I undertsand the volatility and how they work. IMHO, They are safer then many speculative growth funds, meme stocks, and crypto.
Use of leverage and leveraged ETFs to trade stocks is my business NOT the governments.
Stay out of my accounts!!
Dear Sir or Madam, In short, please allow continued use of leveraged products, as available with providers such as Proshares. The risks are adequately addressed in required prospectus and I believe they serve a worthy hedge option to public investors. I support their continued availability. Thank you. Best, James Liggett
