I have been investing for 65 years and, at age 90, have not run out of funds. Small doses of leveraged and inverse funds help me deal with trends as I see them. I feel much more comfortable using inverse funds than shorting stocks.
Eliminating inverse leveraged ETFs will cause more risk for investors as they will be forced to spend more money on long leaps and be forced to shorting stocks which has unlimited risk. People need to be able to think for themselves and make their own decisions based on their risk tolerance.
Inverse funds are used as a means to hedge investments. There is ample information and training online regarding short ETFs and therefore testing investors is an unnecessary administrative and financial burden. Regulations should not be put imposed on individuals who should have the freedom to manage their own risk.
I am highly opposed to any regulation on leveraged or inverse funds. These are market tool to help public / personal investors perform strategies that can be effective. Please stop shorting billionaires from robbing the middle class instead. That would be so much more helpful!
Regulators need to provide level playing field for trading and investments. so far the it is sided with billionaires and bigtime investors who trade is billions of dollars. to have fair practice buy and sell is required as long and short. people invest based on their belief and not to be forced by anyone.
I am a former high school teacher. I have been reading in economics for years. The inverse ETFs permit me to hedge my long positions. They are much less risky than shorting individual stocks. It would be not a help to me to take them off the market.
FINRA, Please consider maintaining leveraged and Inverse funds and ETFs as viable investment tools for retail investors. Proshares and Fidelity always advice about the risk associated on using this products and I am full aware that this are short term investment products and as such they must be monitored frequently.
You are attempting to channel Retail investors into categories in an attempt to regulate their trades. If you would actually regulate the Banks, Brokers and Short Sellers these new regulations against Retail would be unnecessary. It appears that Retail traders have become a threat to your "Status Quo".
1) Leveraged ETF is the best . 2) Please do NOT ban it or limit its use. 3) Please ban all short sellers. 4) Please ban all kinds of manipulation of stock price by market makers, hedge funds, and mutual funds. 5) Thank you for not banning leveraged ETF.
If you are going to limit an investors preference to invest in defensive ETF's then you should not allow any ETF's. There is no law against puts or shorting. This change will simply disadvantage small investors . Stop trying to run our lives...you can't even run our government,
