1st of all I was a 30 yr account executive/financial advisor. inverse and leveraged investments are an important tool to counter volatility in your portfolio during extreme market conditions and over valuations. As I have seen in the past that 10 years of earnings can be erased in 2 months. We need these funds to insure our financial well being especially in retirement years. We can't
Hello, I disagree with the rules this document is proposing. These products are cleared labeled as leverage products and the retail investor is aware of the risks and strategies involved. These are outlined in the prospectus and online which are sent to every trader. This would be a barrier to entry and unnecessary burden for retail investors who already are required to acknowledge the risks when
Hello,
My name is Christopher Francis Lewis Patterson. I am an non-traditional, first generation undergraduate Business Information Systems Major communicating to you in the midst of finals at CSUDH Dominguez Hills in Carson, California. There’s a lot of other details about me that you may find interesting relating to my upcoming dialogue, but that’s not what this comment is about.
I would like
We should be able to know what goes on in this insider trading with the but money. The stuff that goes in dark pools as well. All information should be accesible . How is this fair to the retail investor? Just Bc I have a certain amount of money or no money I’m robbed of what I work hard for and it’s never a fair game .
As a retail investor that has garnered a profit over the years trading options as well as holding leveraged ETFs on and off and having gleaned through the wealth of information available to me about these products I don't believe there's any need for further regulation. Both options and leveraged ETFs should be trade-able by "non-sophisticated" retail investors at their own
Why are we still having to ask for basic accountability in the year 2022? The reason is because crime pays and the self reportive market is riddled with fraud as the past several months of Sec fines proves there is a glaring problem. https://www.sec.gov/news/pressreleases The DOJ mentioned using the RICO act for a reason and it is time to implement a computer tracking system to get with the times
I should have the right to invest money as I see fit. I use SSO and cash positions to help me automatically balance my investments. Since SSO is approximately 2*SPDR, I put 1/2 in SSO and 1/2 in cash. This is basically equivalent to SPDR. BUT, if the market goes down, more ends up in the cash position, and if the market goes up, more ends up in the index position. This way I don't have to
Inverse and leveraged funds are an important part of the market as it allows retail investors like myself to take part in products that are normally not available to us. The ability to hedge against certain products, market segments, or scenarios should not be limited by a regulatory body. I agree the complexity of these funds and their risks should be well understood by anyone who invests in
I as a tax paying citizen not regulators should be able to choose the public investments that are right for myself and my family. Public investments should be available to all of the public, not just the privileged. The people shouldn't have to go through any special process like passing a test before they can invest in public securities, including cryptocurrency funds such as BITO.I have an
Dear Regulators, I am a competent and fully-empowered citizen who is able to make my own decisions in life. If I decide to invest in a product, I do so on my own free well. I should be able to invest in whatever products that I want. Rich and well-connected elites, often using overseas connections, easily evade your regulations, so you are only stopping little guys like me from doing what I want
