1st as a free america. I should not have others telling me what I can invest in.
2nd adding restrictions like this will give the big guys another advantage
3rd stock options are much riskier because once they expire the money is gone. At least with leveraged funds you have an option to hold and recover just like the index they track. Some people are okay with volatility.
If you want to protect
I have held several leveraged ETFs. They are helping me in my retirement planning
I should be able to choose the public investments that are right for my individual and family savings. I am capable of understanding leverage and inverse funds and their risks. I do not need these measures imposed on me.
Leveraged and inverse funds are important investment strategies. I use them to help hedge, seek enhanced returns, and for overall portfolio construction purposes. These are
My career was in governmental regulation of utilities. I am keenly aware of the need of regulation in various markets. In this instance, however, I am opposed for the placement of conditions to invest in what is described as "complex products". As an investor, I should be able to engage in this market without having to meet conditions stipulated by a regulatory body. That is
I dont believe restricting access to leveraged investments would be a benefit for our countrys investors and would in fact be a disservice.
To the FINRA Regulators,
One of the greatest developments in modern American history is the democratization of investing and the ensuing freedom for individual investors to save, invest, and trade freely on an open market. Inverse and leveraged funds allow retail investors to enhance their trading and investing strategies with straightforward and low cost options that are fully explained in the
I would like to freedom to invest in leveraged funds.
I have been trading Pro shares TQQQ 3x leveraged etf for years as my retirement income. Without the ability to trade this equity I would have to discontinue and go to work! Who would hire an 83 yr OLD GUY? My opinion is investors using the leveraged equity know what the are doing!!
Restricting inverse products is going to hurt small investors and traders abilities to do hedge against a volatile market. Restricting 3x ETF will limit investors ability for potentially bigger gain, limit their options to invest wisely
These Investments were considered when they came out as just that .. INVESTMENTS . To take them away from traders like me and many others would be SCANDELOUS . Traders that purchase them know Full Well that there is just as much Risk in them as there is by purchasing a Stock like Boeing .
