I, as an investor and as a financial advisor, should be able to choose the publicly-traded investments that best fit my and my family's needs based on our goals, risk tolerance, and timeline without interference from regulators. It is my responsibility to educate myself on these type of investments before deciding whether or not they are appropriate for my and my family's
Government's job is to ensure disclosure. It is not the government's job to tell me what I'm allowed to invest in or to tell me I'm not qualified to invest in certain investment products. The supposed qualification, for example, that I need to be wealthy in order to be allowed to invest in a leveraged fund is discriminatory on its face. So are the other
I am well aware of the risks involved in trading leveraged and inverse ETFs.
PLEASE NOTE: I am staunchly OPPOSED to the US Government attempting to stifle or restrict in any way the availability of these financial products for the general public via retail trading platforms or otherwise.
Regulations kill innovation.
Leveraged and inverse funds are important to my
investment strategies. It should be up to us to make investment decisions.
I'm in favor of trader/investor *education* but not additional restrictions. In fact, I oppose PDT because $25000 is an inappropriate amount of money to risk while learning. $1000 would be plenty to learn how to trade. It's the transaction quantity that builds experience. Thousands are required to learn effectively.
Please do not limit our investment options!
I am completely opposed to this heavy handed big brother attitude. Were all of you ever children? Do you remember what it felt like to have someone think they were superior to you in their thinking and they commanded your actions like it or not? This is outrageous.
You do not have a superior knowledge that super cedes the rights of the rest of us. STOP this. Just remember, your current position
I strongly oppose regulators determining which investments are the correct ones for me and my family.
Our industry needs to focus more time and effort on educating the general public and engaging with younger demographics K-12 students to help develop financial literacy programs at a younger age.
Investments should be available to everyone, not just the wealthy or privileged. If regulators are
Im writing to voice my objection to restriction on access to purchasing of leveraged ETFs. I am already required by my broker to assert that I am knowledgeable and financially able to accept the risk associated with these investments. Further, the right to decide for myself is part of Americas greatness. I have benefitted greatly from having leveraged ETF as part of my diverse portfolio. There
