Let everyone invest. The leveraged ETFs are very well explained in all brokerages that I invest through. We are able to make decisions ourselves. Don't add restrictions. Don't burden the general public in favor of the few.
1. I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged 2. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds & I understanding leveraged and inverse
In my opinion, investors should have the right to decide which public equities, bonds, ETF's and mutual funds they want to buy. The FINRA plan puts this right on the government and regulators, not us. This eliminates our right to decide what is best for me.
Although it is too early to tell, we might be experiencing a major shift in the markets. Let me explain. For the last 40 years
Everyone should be free to invest in what they want to. Don't take these tools away from normal people.
This is my money and my risks. I'm not using someone else's money to invest.
This is tyranny and we the people will not stand for it.
To Whom It May Concern, I have been using leveraged funds such as FAS for many years that are important to my investment strategies and that helped me to seek enhanced returns. It is my belief that as investors we should be able to choose the public investments that are right for our family without going through any special process like passing a test.
This is an idiot attempt on my investment freedoms.
This is one of the best ways to invest in a down market environment. I have invested in inverse funds for many years
now and know their risks and benefits.
No riskier than margin accounts and options trading. It's my money, let me decide.
Please do not regulate how, and in what I may trade, invest, speculate, etc. I do NOT need BIG Brother telling me what I can or cannot do. There are already too many regulations interfering with my life. Find something else, and someone else, to hassle.
Sincerely,
Jack Schannep
EditorEmeritus
TheDowTheory.com
