Regulators,
I utilize proshares solutions to help my own accounts, my family's accounts, and my clients accounts. It allows for cheaper ways to help hedge to take advantage of markets and I am well aware of the dangers since proshares prospectuses are so good! This is not a segment of the market we should be going after. Leveraged and inverse funds have provided us solutions to HELP
The ability to trade inverse and leveraged investment vehicles as well as closed end funds, volatility assets, stocks bonds and options are all equally important to me personally! Regulators should not be able to determine what I as a long term sophisticated investor should be able to trade. There is no reason to make me subject to any special process or approvals, I have been using them for a
What are you doing and why. This type of investment should not be only used by traders on wallstreet. All things are learned and anyone can learn how to use different investment strategies. WHY let only bankers steal on the short. This is obvious what you are trying to do. Protect bankers money. Well, you should BE working for us, any time you restrict what regular people can do you are screwing
Managing client portfolios, as well as my own, has been greatly improved with my access to inverse and leveraged ETFs provided by Direxion Funds and others. My clients are knowledgable enough and they are aware of the benefits and drawbacks of these types of investments - and the key role they play in a portfolio. Their features like hedging portfolios and enhancing risk-adjusted returns are
I am totally against SEC Proposal Rule #S7-24-15. I do not need the Politicians of Washington to protect me from my own decisions on how to invest my hard earned money. I certainly understand the risks in investing in a variety of assets as well as the potential benefits. If you want to focus on areas that are important to me:
1. Hold Chinese businesses to the same standards of review as U.S
It should be up to individual investors as to whether they what type of investment they chose without the proposed "red tape" despite known volatility. Many publicly traded companies have gone bankrupt or experienced huge fluctuations in stock prices and in those cases shareholders are not protected. Overall, investors should never have a concentration in any investment and no one
How Arrogant! You are putting up hurdles for no good reason. People should not need to pass a test, cool off or be forced to follow any nanny state idea. How little faith you have in people. This is insane and I guess it is finally time to organize and remove overbearing, outlandish, self serving humans. I bet you are doing this because of events like GME, wall street bets. You just want to stop
a. Public investments should be able to all of the public, not just the privileged
b. I am well capable of understanding leveraged and inverse funds together with the risks and certainly don't need special tests / process to pass before we can invest in these types of securities.
c. Leveraged and inverse funds are important to my investment strategies.
d. It is better that regulators
This is America or use to be. Once I earn money and pay taxes on said money then who are you to tell me how to invest it? So playing the lotto is ok? Why is that ok but some investments are to complex for my small brain? Is it because the government sells the tickets? Please stop as your embarrassing yourselves. Please match wits with me. Who ever wrote this proposal should move to
So now, you LOYAL CITIZENS WANT TO LIMIT MY FREEDOM OF USING MY INCOME. AND MAKE SURE NO ONE ELSE CAN *"""BUY THEIR WAY INTO POWER AS Y'ALL DID. SCARY BEING AT THE TOP WITH SKELETONS. WELL PASS THIS AND IT WONT BE LONG. NO, NO THREAT FROM ME. KARMA ALWAYS COMES FROM BEHIND U JUST LIKE A BIG CAT IN THE SHADOWS. AND YES I CAN SPIN AS FOOD AS YOU. ROME DID NOT