First of all, no one can prevent a fool from squandering his/her money. You may block a few ways, but he/she will find another way to lose it.
By restricting investments, you prevent people the opportunity to grow their wealth on their own and force them to go to mutual fund managers who charge exorbitant fees.
In taxable accounts, I can trade options that allow to make money in bull markets,
A lesson learned - As a retired Quality Analyst from Lockheed Martin, trading an IRA, I've struggled with only trading long. I've learned with inverted ETFs, long is only half of the dynamic. Forced to take a cash tends to make one walk away from the market. This disengagement with the market and reengagement is dangerous. With the inverted ETFs one can stay engaged and work
I am capable of understand leveraged and inverse funds and should not be made to "jump through hoops" in order to continue trading as I wish. If you must regulate access to these funds please do not target your regulations at those of us whose trading accounts clearly demonstrate we are performing in line with the market.
That being said I agree there is a problem with
Sir,
It has come to my attention that possible restrictions may be put on my trading abilities. I feel that I'm am plenty capable to trade inverse and leverage funds if I choose to.
The uncertainty in the market lately has made the inverses very important to me. One way to protect my investments and I sure hope you don't place restrictions on these rights.
The public should
I oppose a retail ban on ETFs based on commodities because future trading is well beyond my risk tolerance as I've heard horror stories that are about bad futures investments. I would like to be able to invest in silver or gold and I wouldn't want to touch the futures market with a 10ft pole. I've had great success with Vix etf securities as I made a few hundred dollars just by
I am fully capable of understanding and managing the risk of trading leveraged and inverse funds. I use them regularly as part of my portfolio. Restrictions on trading these funds will negatively impact my ability to manage my own investments. Hands off !
Comments:I am a long time investor and have used various brokerage houses for my stock portfolio. I have traded both leveraged and inverse ETFs. It has been my experience that major brokerage houses have advised me of the caution that should be taken in trading these Funds. In addition Direxion has excellent tutorials on the use of these Funds. The use of these Funds is no different than the use
With over 20,000 companies whose shares trade either on a U.S. exchange or in over-the-counter markets, there’s ample room for confusion. Fundamental research and an understanding about the way in which stocks are listed and traded can go a long way toward helping you make sound investment decisions.
(a) When and How Transactions are Reported(1) Trade Reporting Facility Participants shall, as soon as practicable but no later than 10 seconds after execution, transmit to the FINRA/Nasdaq Trade Reporting Facility or if the FINRA/Nasdaq Trade Reporting Facility is unavailable due to system or transmission failure, by telephone to the FINRA/Nasdaq Trade Reporting Facility Operations Department,
I have been managing my own investments, and trading leveraged and inverse funds for many, many years. "I", not regulators, should be allowed to invest in the products of my choice. I worked as a CPA for many, many years and consider myself to be well informed regarding leveraged and inverse funds. I am not trading on margin. I am using my own hard earned money for trading. Regulators
