I buy and sell leveraged ETF TQQQ frequently. I understand the risk in investment and use it as an important strategy to my investment goal. Right now I have a lot unrealized loss on TQQQ. If I am restricted from trading this leveraged ETF, then I will never recover my loss. Therefore, I strongly oppose any restrictions on my right to trade it. It is my investment and I should be able to
Dear regulators, Please be advised that I DO NOT WANT any restrictions on these funds. I want to keep the liberty of keeping these funds to invest and trade as freely available as much as any other stocks and ETFs. I completely understand the risk of the market and I do agree of such leveraged and hedge investment ETFs needs to protect as hedged and using as an asset inhancement for my needs for
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Executive Summary
In August 2004, NASD issued Notice
I have been very successful investing and trading with complex instruments and I have no formal investment training. Imposing restrictions on my ability to invest in these vehicles and making them only available to a select group of investors will harm me and many others that invest. The addition of pre-investment testing, certifications, training, or cooling-off periods are a deeply unnecessary
I resent your interferrence with my investment decicions. I should be able to choose my investments like other investors. I know these are trading vehicles, but I have successfully used them as investments. I am perfectly capable of reading and understanding how they work. I don't need or want the government holding my hand and telling me what I can and can't invest in. I
I have been investing in ETF's for the past 20 years, and I have made significant profits toward my retirement from these particular funds. Removing the ability for the retail investor to hold and trade these funds would severely unduly limit the average investor from profiting the same as the establishment and professional traders, which would be discriminatory and and unfair. We are
Comments: I do not support FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products". I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly. My brokerage firms,
We at Shri Advisors have been deploying Leveraged ETFs like QLD SSO as part of a Tactical Asset Allocation Model for our Clients for several years. Our Clients have been satisfied in the manner in which we carefully manage risk for their portfolios. Any restrictions placed in the trading of Leveraged ETFs will severely impact our ability to act in the best interests of our Clients. We request the
Dear Sir, Mdm,
I want to make a clear statement about my need to be able to trade LEVERAGED AND INVERSE FUNDS. I am now able to buy a house, and pay for the education of my two children, thanks to my trading of the last years.
I believe I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the
I am an experienced, knowledgeable, and capable, investor. I should be able to choose the investments that are right for me, without government interference in the form of regulatory restrictions. Burdensome regulations would hit small individual investors like me the hardest, while institutional investment firms and very rich investors would retain yet another advantage (among the many that they
