The leverage and reverse ETF is an important tool for retail investors to hedge market risk. While institutions have so many tools to diversify their investment risk, retail investor can only rely on limited choices to offset the market volatility. It is important to make leverage/reverse ETF available to retail investors.
Regulatory Obligations and Related Considerations
Regulatory Obligations
Effective liquidity controls are critical elements in a broker-dealer’s risk management framework. Exchange Act Rule 17a-3(a)(23) requires firms that meet the thresholds specified under the rule to make and keep current records documenting the credit, market, and liquidity risk management controls established and
Please maintain my status to choose to invest in proshares accounts. I have invested in these types of agressive funds with success and understand the risk involved and feel I should be able to assess my own risk without interference from 'oversight protection'. Please remove yourselves from my investment decisions.
The only regulation investors need is for complete disclosure of the terms and broad discussion of the risks of complex investments. It ought to be up to them to decide how to invest, what risks to take, and which vehicles to use.
As a professional economist with over 30 years of experience, I see no legitimate purpose for Regulatory Notice #22-08.
All public investments should be available to all. Any access restrictions to leveraged or inverse funds is wrong. All investments have risks and those risks are taken by the investor not the regulator. Placing restrictions on funds or trading hours based your portfolio size or any other credential is wrongful discrimination.
I have been advised of the risk involved with investing in leveraged funds. It is my choice and I am willing to accept the risk associated with this type of investment.
I believe it is overreach when the regulators are attempting to restrict the type of investments a holder may purchase. There is no need for regulation to restrict investors from investing in their choice of funds.
Please continue to allow individual investors to invest in leveraged and inverse investment products. I personally use them to hedge market risk in my portfolio. There is adequate safeguards and disclosures currently to alert investors to the inherent risk of these products. Individual investors should have similar options as large/commercial investors. Thanks
before my broker would allow me to trade leveraged ETF's, I had to take a class and sign a risk disclosure form. this is more than sufficient to let me know about the risks associated with these types of investments. I should have the choice of what type of investments I own, not a government bureaucrat.
I oppose FINRA limiting the investments that I can choose for myself and my family. I am capable of understanding the risks involved with certain types of investments and can make decisions based on the amount of risk that I am willing to take on, Public investments should be just that, investments open to the public, not just the privileged few.
I use leveraged funds as just one part of a diverse portfolio. I understand the risks of investing in these funds and believe they should be available to all investors, not restricted. These funds are not unique in carrying risks-ordinary securities carry risk and reward that require knowledgeable investment strategies. Please don't place unnecessary burdens on these investments.
