It poses severe threat to the market fairness!
Dear Sirs- I have been successfully using leveraged ETF's that follow a multiple of either the S&P500, The Dow, and the NASDQ to bolster my investment portfolio, together with bell shaped conservative funds, using a diversified mix of funds. I am an aggressive investor. I have had success with a 10 or 15% mix of 2x and 3x bull market etf's. I have found the S&
I should be able to choose the public investment not regulators. Public investment should be available to all who want to invest not only for the privilege, I should not have to take a special test before I can trade. It should be my decisions
as an adult investor with a long investing history, I resent government regulators controlling how and what i am able to invest in.
If it's money that I earned, then I should have the right to invest freely as I choose. I am responsible for the money my family has and we invest according to the amount of risk we can accept. Why don't "regulators" employ a rigorous process for the people that took out 1.7 trillion dollars in student loans and are now requesting cancellation.
I am writing to tell you that I oppose restrictions on being able to invest in public investments. I find it ironic that a group of regulators would be better able to choose the investments that are appropriate for my family. I have been a successful trader and resent people micro managing my decisions.
This is my money and I should able to choose my own investments. Inverse and leveraged funds are a strategy to combat the hedge funds and institutional money - both are market manipulators. Try regulating them. And, try regulating Congress - they abuse the system and make investments off inside information but no regulations there. So, let's just regulate the common people, of course.
I do not feel that I should have to go through hoops to make investments that I feel I am comfortable making. The government doesn't regulate my selection of houses I could buy (an investment in a volatile market), so I should not be restricted on my investment selection within the stock market. While I am Series 7 licensed, I still think it is excessive for anybody to have to take what
Unprecedented overreach to free markets. I am an experienced knowledgeable trader of over 30 years. I understand the risks associated with these types of funds. Im a man. I can handle it.
Please do not add any regulations on leveraged stocks. And allow us to trade same as regular stocks.
