Comments: I have been in this business for over 50 years and one of my primary functions is to educated my client on what they are considering to invest in. It is time well spent so as not to have a customer say you did not tell me this or that. For someone else making the determination that this process was not achieved I am truly disappointed that an investment opportunity I recommended would
I have over 20 years experience trading leveraged funds. They are vital to my investment strategy both in large accounts and small accounts. In the past these investments have worked well for me. Do not place needles regulations that preclude my trading them. Every investor should be allowed to trade independently as a free trading environment enhances the overall marketplaces
As a retail investor and active participant in the free market, it is my personal choice as to whether I can invest in a speculative asset or not. Government does well to regulate markets, but should not prevent any individual from deciding how to participate. The SEC does not regulate gambling which is essentially the same thing. Dont make crypto investing unattainable for non accredited
As an individual investor, I find leveraged funds essential to my long-term financial plans. While I understand that such funds can be harmful to those who do not have discipline or training to use them well, many other individual investors like me use them profitably. Please do not curtail our freedom to use leveraged or inverse funds.
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
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.
I have routinely used leveraged and inverse ETF's for years both to enhance returns as well as to hedge my portfolio. To restrict their use to a select few is a huge unnecessary government over-reach. The use of leverage and inverse ETFs do not require any "education" or "test". You should look at retail use of options and futures before you look at ETFs.
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.
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!
