Leveraged and inverse funds give people the ability to grow their wealth and shouldn't be restricted to certain privileged (mostly wealthy) individuals. Why single out these investments? There are many risky stocks that have higher volatility and risk than leveraged and inverse ETFs. This is arbitrary and hurts the small investor.
I strongly oppose the effort of regulators to limit my ability to purchase leveraged or inverse investments. I am educated and well aware the risks of purchasing such products. As the last 5 months have dramatically proven, these types of products, like any stock, has the ability to go up or down significantly.
If I wish to lose money its my choice. You guys did nothing when General Motors ticker symbol changed in 2008 and allowed people to invest in a stock which was no longer linked to a company, now you are concerned that we are not smart enough?!??? Give me a break!
Please allow us to have somewhere to go to protect our money!! The stock market pirates ripped me off for over 177 thousand dollars!! The tdameritrade pirates and hedge funds that have access to my account!!@! All insider trading and front running!! Business as usual!! :(
I do not think regulators should play with what we can invest in when they have a record or allowing bitcoin investments and allowing ESOP investments 100% in untraded stock. Clearly, stopping leveraged investments is a play by people who do not want common traders to use them.
Please don't assume that investors don't understand the risk associated with leveraged investments. If you want to fix the market, then don't allow the short interest of a stock to exceed the total float of the long interest. Verify that ETN are properly backed so wild market swings can be covered.
I have the right to choose the public investment and believe leveraged ETF is important options to my strategies.
Leveraged index ETFs are no risky than individual stocks.
Setting up a test do not guarantee investment competence. Becoming an financial advisor requires taking tests but the performance is not spectacular.
I approve of these actions. Especially, naked call selling with high amounts of volume. This practice is know as synthetic shorting. Its used by funds to drive down price on higher speculative stocks. All information on this info should be accessible to all.
Americans don't need anyone telling us how to invest especially a government agency. We all know you're NOT doing this in our best interest. Why don't you work on congress and the senate illegally buying stocks before you harass law abiding citizens.
I strongly oppose any rules to limit the trading of leveraged instruments. I use leveraged instruments all the time and I trust that anyone who uses them exercises common sense just the same they would when buying other volatile stocks like Tesla, Bitcoin etc. etc.
