Madam/Sir: I have been investing and trading in securities for decades. The 2 and 3 times leveraged ETFs have been one of the most innovative and practical financial tools for my portfolio management. Leveraged ETFs are my main tool to hedge my portfolio volatility without liquidating my stocks and attempting to rebuy them later. No further regulation is necessary. There are countless ways to
Dear Regulators, I have been invested in leverage and inverted ETF funds as part of my personal and IRA investment account portfolio over the last fifteen years. I found them extremely helpful to be able to invest in a specific market sector to diversify or as a hedge to my position. It can avoid some of the risk of picking a wrong stock. Please do not limit the investors' choice of
Dear regulators, Please be advised that I DO NOT WANT any restrictions on these funds. I want to keep the liberty of keeping these funds to invest and trade as freely available as much as any other stocks and ETFs. I completely understand the risk of the market and I do agree of such leveraged and hedge investment ETFs needs to protect as hedged and using as an asset inhancement for my needs for
I am an investor who trades with New York Stock Exchange shares. In order for markets to truly be free and fair, there needs to be a level playing field for all entities involved. This is agnostic of the risks involved. Deviating from that impacts trust as it can be interpreted that retail investors have different rules from other investor entities. I do not support this rule as it's
Dear FINRA,
While it is understandable that you have the interest of investors on mind, it is not fair to restrict investment opportunities to accredited investors and high net worth individuals. This will end up in rich getting richer and poor staying poor. Retail investors do educate themselves before picking investments whether stocks ETFs or leveraged products. Definitely better than gambling
As an investor it's my responsibility to understand what I am investing in. Regulators shouldn't restrict the people's right to invest in stocks or funds and they definitely shouldn't put a requirement that you need a "high net worth". Why should individuals who do their research have to jump through hoops in order to invest because someone
I have invested in TQQQ. I found the investment is fair and just for individual investors who is willing to take the risk and reward as in every investment. I am an individual investor. I started investing in stocks more than 30 years ago. I found TQQQ is the best investment among all the ETFs as far as I know. I can understand the leverage without anyone tell me the risk and rewards. The cost is
As a long time investor in stocks, bonds and other maybe "complex" investments, I strongly disapprove and oppose FINRA's proposed and potential denial of my freedom to choose what investments I deem appropriate for my financial needs. I and my family do not want your capricious and arbitrary definitions, criteria or tests inflicted on us before we can freely invest as
If you propose to regulate Leveraged and Inverse funds to the general public don't allow just the wealthy few to have access to this type of investment . Since they pose risks outside a normal stock or mutual fund maybe a person should have to read and sign a Letter of Understanding before investing. I invest in TQQQ and I can see sharp gains and steep drops in my account. So I know the
Although I understand the intent to help prevent some investors from losing everything, but it is imperative that investors have options and choices. Levered funds enable an investor with high conviction about a direction and a sector to make outsized gains. If you take it away they will be forced to consider other alternatives. The last thing you want is a seriously uninformed investor
