FINRA Revises Portfolio Margining Risk Disclosure Statement and Written Acknowledgment for Customers Using Portfolio Margin Accounts
While it is commendable to protect investors from undue risk, it is my belief that leveraged ETFs--with their risks, such as volatility decay, properly understood--can have their place in a well-managed portfolio. I use these products as a small percentage of my portfolio, but believe they serve an important function in helping me control my overall level of leverage while not taking on more risk
I am a simple accountant from Long Island, NY. I have been investing in inverse ETF's for 13 years. In 2009 I left a low paying job as a tax auditor for the Pennsylvania Department of Revenue. They cashed out my accrued pension benefits, which were worth $6,500. I deposited this money into a traditional IRA rollover account with a broker in February 2009. I invested 20% of the
As an educated & well-researched "retail" investor, I find this legislation incredibly insulting. The condescending essence of the idea that I am not capable of understanding the risks of leveraged and inverse ETFs is disgusting. Such ETFs have allowed me to outperform the major indexes through the bear market we are currently going through, and without access to them retail
I should be able to choose public investments that are right for me, and these investments should be available to all of the public. I should not have to go through a special process or test to invest in inverse and leveraged funds. I understand their risks well - information on them is widely available. Leveraged and inverse funds are an important part of my investing approach, allowing me to
I use levered and inverse funds on a regular basis in my portfolios. They are easy to understand and are a critical tool in managing my portfolio risk. I am retired and not interested in taking on risk that could result in a large drawdown. These tools help me reduce risk, they do not elevate my risk. My alternative would be utilizing options, which are more levered and risky that levered and
I am an individual investor and use leveraged investments as part of my investment strategy. I have not found them to present risks that jeopardize my investments when managed properly in proportion and with balance to my other investments. They play an important part in my overall portfolio strategy balancing risk and reward. I fully understand and manage the risks they present as well as any
I am opposed to FINRA Regulatory notice # 22-08.
The decision for such investments should lie between a broker and an investor, akin to the relationship between a doctor and patient.
If additional investment risk information is needed, FINRA should promulgate it. I am and have been capable of understanding the investment risk with these investments for some time. I do not need the consequences
I oppose restrictions on my right to invest in public investments.
By creating restrictions to these investments, only the priviledged will be able to choose these investments. This is comletely unfair.
I have used leverage and inverse funds for probably at least a decade and they play a role in my investments strategies. I understand the risks involved, and these investments have been a
Leveraged investments are a key part of my investment strategies. Especially leveraged ETFs are a critical component of hedging risk to manage risk adjusted returns in my portfolios. There are no other effective hedges available for small investors. I have a clear understanding of the volatility and of the risks.
I'm actually more surprised the governments doesn't propose
