The people who are trying to stop those who are investing in leverage d etfs. Are not concerned about me. They simply want to control me. It is true you can lose a lot of money. Or make a lot. But if you find to right opportunity and are refused well then I'll look for another country to move to. That means less tax money for the the people who refuse me.
The ability to invest how ppl want to invest it critical. I use inverse or leveraged inverse funds to mitigate my stock exposure during volatile times without having to sell stocks and pay capital gains. Eliminating my ability will cost me money as well as restrict my freedom. I strongly encourage you to scrap these unnecessary plans.
Dear friends at FINRA. I've put up with some of your absolutely ridiculous decisions over the years. As a retired Investment Advisor with Merrill Lynch and Wells Fargo, I say, as long as the investment makeup and risks are clearly stated, then its buyer beware. Leveraged and inverse funds present a great opportunity for intelligent investors. All others, stay away. And FINRA, stay away.
I am a 50 year old woman that manages my own investments. I am opposed to the restrictions that could be placed on leveraged/inverse ETF's. They are my investment vehicle of choice. I am well aware of the risks involved, and still choose to buy/sell these ETF's. They have proven to be an excellent tool to hedge my portfolio. The decision to invest in these ETF's should
Shouldn't we know exactly where each share of a company is located? If traders are loaning their borrowed shares, we should know that as well, otherwise, we are building a house of cards.
Please note:
I strongly believe that leveraged and inverse funds are important to my investment plans and I use them as a limited part of my overall portfolio.
Do not restrict or make it more difficult for me to make my own decision as to whether or not I invest in them. In fact, I have done quite well in using them to create wealth. I want to be able to continue to choose these investments!
I strongly disagree with this proposed regulation. The current disclosure-based system serves investors very well. Public investments should be available to everyone, not just a select few. This regulation would do more harm than good for individual investors by limiting investment choices. Every individual investor should have the freedom to do their research and select the investments they want
I personally own triple leveraged funds like tqqq and upro for long term investment. 1) I hope the NetWorth requirement is not set too high. Leveraged fund should not be limited to high NetWorth people only. It's more important to make sure fund operators are well capitalized and have expertise to handle stress scenarios like big down day or prolonged recession.
To whom it may concern,
I am extremely bothered by this proposal. As I am heavily invested in 401k I would like to be able to accumulate inverse funds in my Roth account to mitigate any risk of a market downturn. It is especially cynical if these inverse funds are available only to hedge funds. Please consider the voices of the retail investors as well.
Thank you very much for your consideration
I don't think restrictions on how people invest there money should be enforced. It's our money and we should be able to invest it how we see fit. I highly doubt regulators would want to be told how they can and can't invest their money, so why enforce those stipulations on the public. You do you, and we'll do us. Thank you.