Dear Sir/Madam:
I believe public investments should be available to all of the public. Investors know the risks of leveraged ETFs and decide if they are the right investments to invest.
Thus, it should be no restriction beside the warning document which the investors should read and sign to make sure they understand the risks of leveraged ETFS.
Thank you.
FINRA has a scaling problem. A problem that is observed in FINRA's inability to provide oversight and accurately regulate institutions as global markets expand and overlap. Transparency in our markets is essential. Transparency with respect to short interest reporting is severely lacking. Not only just the typical direct borrow and short transaction but also the use of derivatives and other
I understand the risk of leveraged investments including leveraged and inverse funds. I think it should be my personal choice. these investment/speculative invested can help me hedge my risk just like a pro's. I prefer to decide for myself what I do. Not a government agency. Goverment/FINA/SEC should focus on fraud and illegal activity.
I am a Certified Financial Planner with 30 years of experience. These producs must be allowed to be traded by the open public. Any restriction is bad for the markets and the consumer. It is up to the consumer, not the government to make these decisions. There is more than enough information available to consumer regarding any potential risks. They can asses the risk themselves.
Just because some people don't understand the risks involved in owning leveraged ETFs is doesn't mean that everyone else shouldn't be able to invest in them. Some people don't understand the risks associated with driving a car, yet we still allow that. You can't fix stupid, stop trying.
I oppose the regulation to disallow trading in leveraged and inverse funds in a brokerage account. I do not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand the risk associated with those investments and I willing to take those risks.
I understand the risk of investing in tqqq I don't need the government telling me "it's to dangerous" and "its to complex for you so where doing this to protect you" I'm perfectly capable of making my own investments and judging my risk tolerance I don't need the government telling that I can't invest in tqqq
I can't believe this is seriously being considered. Let people decide to do with their own money.
People know the risks or should know the risk
Stay out of our way and let us make money or lose it. Don't save people from themselves, let them make mistakes if that is what happens
SEC's task is not to omit individual investors from their rightful ability to elect what risk levels they can accept through various investments.
Requesting to have continued access to trade leveraged as before. We all can read and know the risks associated with leveraged/hedged investments, without being held back.
As an Fellow of the Society of Actuaries (FSA), I have a strong understanding of risk. I use leveraged funds to obtain a beta in my portfolio of ~1.25. People use these leveraged funds to a desired level of risk that they are comfortable with. Taking away our ability to invest in these funds is taking away our freedom to obtain our goals.
