My tax dollars pay for plenty hands off my retirement
This rule hurts those of us who rely on Retirement plan investments.
I would not have the secure retirement account I have today if not for the TQQQ option.
I am competent to make these decisions as I am a retired CPA with a degree in accounting.
I understand your desire to protect investors but you really cannot stop inexperienced people from gambling in a casino or buy penny penny stocks or high risk SPAC IPOs or Mime stocks. Let free market teach the lesson and let not the government regulate. Ok to regulate to some extent the retirement accounts but non retirement accounts should not be regulated. You may regulate some ETFs like TQQQ
I have held several leveraged ETFs. They are helping me in my retirement planning
I need my retirement investments safe from government interference and taxable laws.
Me not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am well-educated and fully capable of understanding
Making this change will damage my future retirement plans and set me back indefinetly
Risk is an important aspect of any investment strategy. I depend on these returns to fund my retirement.