I oppose putting restrictions on investing in inverse or leveraged ETFs. Just like any stock investment, I clearly understand the the risks involved and under certain market conditions, I need a hedge to decrease my risk. I am the best person to be making my own investment decisions and not relying on others to be making choices for me that are not in my best interest. You should also not be
It is dangerous and irresponsible to even threaten removing leveraged ETFs from investors in the middle of a market correction. LETFs provide less risk than short term options trades and meme stocks, and can be fundamental to a balanced portfolio that outperforms the market. If such ridiculous action were to take place, Id hope it would occur during a period in which the market is at all time
I invested in XRP because of the barbaric SEC frivolously claiming to have legal authority to do things that they clearly dont. There is no reason for SEC to exist and all SEC employees should be blacklisted. SEC is consistently guilty of creating the very problems it was supposedly created to solve. No barriers to entry should exist for participation in the markets. They just want to reduce
Dear members of FINRA,
Although I do believe it's prudent to have educated public investors who want to partake in investments that are more complex than single stocks, it is extremely unfair to deny public investors, and only allow individuals who demonstrate a high net worth, access to more complex products that can be used to hedge one's investment risks in today's
I am an individual investor and I have been taking advantage of leveraged ETFs for some time. I limit use of leveraged ETF to one of the 3 major stock market indexes, where my portfolio has diversification. I understand leveraged ETFs may be volatile, but theres a lot of individual securities that are more volatile. Regulators should not place more restrictive rules on leveraged ETFs. All
I would suggest that if you are considering stiffer regulations on leveraged investments, you should take a look in other places where there is nothing but hot air underneath. Netflix, Rivian and hundreds more highly inflated stocks. The problem with that is given your belief that more government is better government would drive you there without that suggestion. These investments give the little
This is business in America. If you regulate trading in inverse and leveraged investment vehicles, you also need to regulate the buying of all stocks. Especially in times of bubbles which has been created by our monetary decision makers! Business does NOT only increase in value, it also goes down and if I wish, I believe a person should also be able to profit from poorly run businesses and also
I have been investing in the stock markets for over 50 years and am quite capable of making my own considered evaluations about a particular investment. I also study competent outside advice. I do not need or want your interference in my right to make those decisions, thank you very much! In other words, just bug off, Nanny, and stick to your job of rooting out the fraudulent practices in your
I oppose restrictions to my right to invest in leveraged and inverse funds/ETFs. I am a middle-class American and have educated myself to understand different investment strategies - including the usage of leveraged ETFs. In my specific case I use leveraged ETFs to enhance my overall growth strategy - which is a mix of bonds, index funds, and individual company stock investments. For one I am
This proposed rule is a bad idea. Making any investments is inherently risky - even the "blue chip" stocks have periods when they don't do well. Some people have a higher tolerance for risky investments than others. If they are willing to take the risks involved in buying into an investment, and they have the wherewithal to afford it, they should not be limited.
Also