Comments: i understand that leveraged products are for short term trading and have increased volatility. If used correctly within a portfolio they can actually reduce risk. Limiting access to these products would damage my ability to create a well doversified portfolio
The only way to make money in a down market is by shorting stock, buying put options, or buying inverse ETFs. Inverse ETFs are the least risky. If you restrict one's access to inverse ETFs, you are forcing them into riskier trades.
I, Labros Panos, am fully aware of the risk and charges of Pro Shares short ETS's and ETPs such as the symbol DOG which currently I have in my account. I find it easy and pleasant to pass time and to follow the markets.
Thank you for your concern.
I have managed my own investments for decades and have frequently used long and short leveraged investments as part of my strategies.
Any restrictions are likely to be unfair and favor those who are already
privileged. Do not impose restrictions on public investments.
This well intended proposed regulation will force small investors into trading futures contracts in able to hedge or short the market, creating even more risk for the average investor.
Stop this silliness now. This proposed regulation does more harm than good.
Inverse funds are important to my investment strategy.
Since I dont short individual stocks, this allows me a convenient way of doing so with less risk.
I am capable of understanding the concepts and the risks involved.
Please keep this option available to me.
It is ridiculous to keep smaller investors from being able to take a short or leveraged position in the markets. I have made a good deal of money that I otherwise wouldn't have without these tools. Why should only wealthy people have access to these markets?
People should be given the choice they want for their own investment. In a case like leveraged or inverse funds, I personally use them for taking advantage of temporary market dislocation or hedging, both for short term investments. Over regulating doesn't seem to be the right approach.
Leveraged products are great tools, they are significantly less risky and less costly than trading on margin. Why take away leveraged and inverse ETFs but leave the ability to buy on margin or sell short?
Please don't try to fix something that isn't broken.
If you regulate short selling you limit price discovery. China is restricting all kinds of rights with stock trading. In China you can't even talk about any bad about the market or stocks. Let's not make the same mistakes. enough!
