I dont follow the logic on this proposition. People are allowed to yolo their life savings into penny stock options but a leveraged form of a much more diversified investment is being banned? It doesnt make sense to me. This seems performative and not addressing any specific issue we see causing problems.
I have been using these funds as part of my portfolio for over ten years and I should not be forced to stop. I dont have the time to research individual stocks but I can follow trends in our economy. That is why I like these funds. Please do not make any changes. Bill Grigat
Hello,
I am in my forties and I have been investing for the past twenty years. I feel that this is unneeded regulation. All stocks have risk. I currently use my leveraged and inverse funds to help protect my portfolio. This money has helped me to pay for my home.
My family is in an awkward position. With me as the main breadwinner, I need an income with a work from home job. I have studied stock trading for years and require access to both leveraged and inverse ETF's. Mostly, I use them for hedging my investments and this is crucial in any market condition.
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Nothing is done to stop criminals from wall st from manipulation of GME and other stocks. This is insane. The US market is a shame and after GME I will never touch the US market again. These people from citadel need to go to jail not a silly fine
Please allow us to have somewhere to go to protect our money!! The stock market pirates ripped me off for over 177 thousand dollars!! The tdameritrade pirates and hedge funds that have access to my account!!@! All insider trading and front running!! Business as usual!! :(
I do not think regulators should play with what we can invest in when they have a record or allowing bitcoin investments and allowing ESOP investments 100% in untraded stock. Clearly, stopping leveraged investments is a play by people who do not want common traders to use them.
If I wish to lose money its my choice. You guys did nothing when General Motors ticker symbol changed in 2008 and allowed people to invest in a stock which was no longer linked to a company, now you are concerned that we are not smart enough?!??? Give me a break!
Leveraged and inverse funds give people the ability to grow their wealth and shouldn't be restricted to certain privileged (mostly wealthy) individuals. Why single out these investments? There are many risky stocks that have higher volatility and risk than leveraged and inverse ETFs. This is arbitrary and hurts the small investor.