To whom it may concern,
I am opposed to any additional restrictions that may be placed on my ability to invest or trade invest in leveraged and inverse funds. I have invested in these ETFs for several years and have lost and made money. It seems very condescending for an agency to tell it's citizenry what is safe and what is unsafe when the government itself is bankrupting America by
I believe access to these funds should not be limited, but I believe an understanding of the risks associated with their purchase should be affirmed by the purchaser. I am a retired Registered Investment Adviser and use inverse and leveraged products to hedge my personal accounts. This is an inexpensive approach to hedging that does not involve options trading. But I believe the ownership of
My account balance is under $10,000 and I have used the triple leveraged ETF's for over 3 years. The bid/ask spread on option prices expands during volatile market drops making it near impossible to buy/sell contracts. Meanwhile I'm still able to enter and exit trades in triple ETF's during these trying market periods. Do not take this investment opportunity from small
I oppose any restrictions on my freedom to invest in the stock market. This is a overreach by the SEC. I use leveraged funds in my day to day trading to increase returns minimize losses in down market situations. I have been using these type of funds since 2018. I should not have to go through any special processes, approvals or delays in trading. Its my money and the right to do as I wish with
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
Why would I allow regulators to tell me how to invest my own hard earned dollars? I wont! I totally understand how leveraged and inverse funds operate and i enjoy trading these funds. they are an important strategy I use in my portfolio. I am getting sick and tired of others that think they can and should control my trading strategies. There should be no outside regulations controlling me or my
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
WoW! Last I understood, capitalism and the right to individually flourish in the U.S.A. was available to everyone. My mother came here legally for this reason, and so I can benefit from my own efforts here as well. If my funds disappear due to my lack understanding or misjudgment, THAT is my decision to make and no one else's. This proposed rule is highly elitist. Public trading should be
the system right now is set up for me perfectly since I am a inverse trader. it is a trading system I use instead of shorting stocks which if I had to like most inverse traders would defiantly do along with day trading which in my opinion would cause havoc on quality stocks and the market and also would cause a lot of traders to go into options were a lot of traders would get hurt financially. I
SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceSystemsTrading
*These are suggested departments only. Others may be appropriate for your firm.
The NASD Trading Committee, after a recent study, decided that a $10,000 principal amount should continue to be considered the "normal" unit of trading for NASDAQ-listed convertible debentures.
The decision, confirming a
