I demand to have the right to choose any public investments that I deem to be right for my family. I have been making investment decisions by myself for decades. I consider this is
part of my lawful right, my freedom of speech. Further, I do not agree to be required to take any test on my investment strategy. Leveraged and inverse funds provide me the flexibility to enhance my investment
I should be able to spend, invest and allocate my own capital as I see fit without any interference from an outside regulatory authority. All investments are risky in nature and it is my responsibility to conduct my own research on each investment. There is enough information and regulations in place to protect me as investor to allow me to make an inform decision based on the public information
- Individual investors should be able to make their own risk decisions - Investors can obtain leverage through margin. The amount of leverage can be adjusted by the investor. Leveraged funds are different in that the leverage is predetermined and formulaic. The risks are well known at this point and appropriately explained in the relevant prospectus. Most individual investors can gain leverage
I would strongly oppose adding hurdles to invest in inverse/leveraged ETFs because I think it would prevent people like myself from expressing their investment views freely. While I am a qualified investor, well versed in how to assess risk, and a CFA charter holder, I would recommend many inverse/leveraged funds to friends and family who are not as trained as me but can still understand the
I vehemently oppose any restrictions you are considering on my right to invest in leverage funds and inverse funds. Let ME decide...don't decide for me. Don't discriminate against me if don't meet your criteria.
And don't make me go through a special test. I'm a big boy and can make my own decisions. I have made it all the way to 60 years of age
I oppose a retail ban on ETFs based on commodities because future trading is well beyond my risk tolerance as I've heard horror stories that are about bad futures investments. I would like to be able to invest in silver or gold and I wouldn't want to touch the futures market with a 10ft pole. I've had great success with Vix etf securities as I made a few hundred dollars just by
I feel that I am well aware of the particular risks and benefits that are involved in leveraged and inverse funds. In view of the ever changing policies of the Federal Reserve regarding interest rates and so-called "tightening" of their monetary strategies, I find it imperative that I have the flexibility to invest defensively. Leveraged and inverse funds allow me to have the
We currently have more than enough regulation of securities by federal and state authorities. Any reasonable person is capable of making their choice of investments. Investment options should be available for all Americans, not just the rich or those deemed appropriate or those qualifying under special approval. Is this not part of the American dream?
I don't need special training or
I am fully capable to make my own decisions regarding investments. Limiting public investments to a specific few people is directly contrary to the free market system. I am capable of educating myself and do not need a government agency creating a test to determine if I am ready. I do not need someone else to tell me what I am capable of, or if I understand the risks well enough to make good
There has never been a period in human history where more knowledge is readily available to the average person. In a time where in depth explanations of these products can be found within 30 seconds, not to mention detailed discussion boards, it's unreasonable to add more restrictions to retail investors.
You should be focusing on removing restrictions instead.
Leveraged and inverse
