Keep all the etfs and funds. Keep regulations, warnings and information as well.
In uncertain times and perhaps in sight of overvalued markets and potentially rising interest rates, I find the Proshares TTT, TBT inverse funds to be a useful hedge to balance my portfolio against expected adverse price movements in the market. I would not feel safe investing in this market without the safety of the hedges that these inverse funds provide. If you want to regulate away bad
Please see comments.
Pass a regulator-imposed test of your specialized investment knowledge
-- This should be a few questions, not complex, just a couple basics.
Demonstrate a high net worth
-- Not high. $2,000 or something like that.
Get special approval from your broker
-- Not special approval, just the broker sees the $value, asks the questions, and then approves.
Attest to reading
I am a retail investor who manages his portfolio completely independent of any outside interference, brokers included.
I would like to continue to invest freely in any product without any restrictions.
The U.S is the greatest country for investing by far, let's keep that way. Thanks!
Leveraged and inverse funds are important to my investment strategies. they help protect (hedge) investments or seek enhanced returns, I use them as a limited part of your overall portfolio.
Please keep the rules simple and available to all.
We all must be responsible. Triple leveraged funds
can help an investment portfolio gain and build value.
As an EDUCATED retail investor, I feel the current systems in place are a bit TOO RELAXED for retail investors/traders to access complex products. But an outright ban is also very, VERY WRONG. We may need to raise the barriers somewhat by requiring education AND a simplified form of registration (certifying they understand the risks and perhaps a small registration fee to make the point stick)
Leverage and reverse funds are an important part of my investment strategy.
There should be no prerequisite for this .
How the market free with regulations? Its already slanted towards the wealthy anyway. I do NOT support excessive regulations, especially ones that impose restriction based on wealth and I do not support this regulation.
Leveraged funds have allowed me to expedite my path to retirement and provide a better life for my family. I am fully capable of managing my money with leveraged ETFs. Regulating these funds would directly reduce the tax impact and would impact the economy negatively as I would not be able to spend as much as I could otherwise. Please do not my right to invest FREELY in leveraged funds.
