I don't want to be parented by a government agency that wants to take away investor's rights and destroy a free market system wherein investor's determine their own suitability and investment goals. The proposed changes are an invasion into investor's private affairs. I very well can read a prospectus and decide for myself without any further governmental
Leave that for investors to decide. I have done 500+ option trades and paying Short term Gains Tax. I keep educating myself by attending webinars and on line courses by OCC etc.
Leveraged/Inverse Products ... like other investment products, leveraged and inverse funds or ETFs have a useful purpose for those who have some understanding of the terms "leveraged" and "inverse"...
All a person has to do to understand what "leveraged" or "inverse" means is some MINIMAL research on their broker's
Do SOMETHING... ANYTHING about synthetic shares and naked shorting... it’s happening right in front of your faces and you sit there [REDACTED]
As a former Registered Representative with PaineWebber and traded successfully Inverse Commodity and Equity ETN's, one as ticker tape reader and using regression programs for trend analysis, I appreciate the opportunity within my IRA to protect the account value of cash long and short. The issue of Future contracts, Currency Swaps, and Repurchase Agreements are internal to the ETNs,
My name is Brian and I am a retail investor. I do not have a background in finance or economics and I do not have any SEC certifications. I have 3 trading accounts; a joint brokerage, an individual brokerage and an IRA. The combined balance of these accounts is about $300K. I am in my 40s and no longer hold my corporate job. I am self-employed and chose to invest my own retirement and cash/margin
Do not restrict investment in leveraged or short etf funds. This is a BAD idea to restrict investors in this space. Stop over regulating me and my ability to make my own decisions
Small investors don't have the knowledge or ability to short stocks or invest in complex option strategies. Inverse funds are an important and simple way for small investors to hedge against loss.
I am using leveraged ETFs to trade short term volatility and handle my risk profile. I am reading Barrons, FundStrat reports and WSJ Market news to trade productively.
Taxation without representation is extortion. If you're not representing me and my interests, then who are you representing? We have rights!
