I have been using leveraged vehicles for myself and for my grandkids as funds to assure we have enough money during our retirement years. To restrict these vehicles at this time would create a real hardship for my retirement and for my grandkids. I don't understand why you are contemplating doing this.
I utilize these types of funds to offset inherent risk in my portfolio. By limiting access to these types of funds you will force me to manage my retirement portfolio in a much less efficient manner or require me to lower my overall rate of return that is necessary for my wife and my retirements.
401ks are already restrictive (no futures/less options strategy). The only way to self manage 401k using Modern Portfolio Theory which uses leverage and rebalancing is using leveraged ETFs, making it inacessible in 401ks puts retirement at risk, given the current retirement options(no pension...).
Please don t do this
I enjoy trading and trying to make myself self sufficient ,This will not help if this wont make it so I can expand my retirement , Just trying to get the American dream a little at a time .
I don t need your help to control my retirement my extra earning ability
Thanks
Dear Regulator,
Leveraged ETF and similar products should most definitely NOT BE ALLOWED AT ALL in individual retirement accounts. These products have cost me tens of thousands of dollars in losses. They are absolutely toxic and should not in any way be allowed in any form in individual retirement accounts, period.
Thank you for your concerns.
Im a middle class single female, Im trying to invest in different industries little by little. If investing gets even more regulated that only those with already big bucks can only invest, there is no chance that I can retire by before the age of 80 and even then Im not sure Ill be able to afford to retire.
Hello, Please don't take away our ability to invest in Crypto( retail) I was an at home dad for 18 yrs and have no retirement. Investing in crypto may be my only chance to secure a retirement income. I'm 59yrs old so I don't have much time. Thank you for your time.
Please don't do this. Having access to these etfs protected my retirement during the latest market sell off. If they weren't available then I would have lost at least 15% of my retirement savings. The risks of these etfs can be moderated by keeping a small position size. Anyone with common sense should know this. Thank you.
If the access is restricted to only big players, then you have enhanced the ability of equity funds, hedge funds and investing banks to pillage the retirement funds of those who saved for retirement. Do you favor the raiders or the people? You could do away with shorting and derivatives and one must hold that transaction for 3 days. Thank you
There is NO reason at all to limit my abilty to invevest in revers funds of any kind.
You have already outlawed me from using my retirement to sell the market short.
There is NO reason for more limitations on my freedom to invest anyway I fell like investing.
I'm 66 and do all my own retirement investing.