Comments:In a capitalst society such as ours, I see no reason to regulate leveraged & inverse ETF's. They are simpler than shorting stocks or using put's & calls. I have found that they correlate to their 1X base very close. Their usually is no limitations even in a retirement account. Please, please we don't need this senseless regualation. Thank you, Roger Smith
I have been using leveraged & inverse ETF for several years. I understand the risks involved. These ETFs allow me to profit with the large players. The inverse ETF allow me to effectively short equities inside my IRA. I have a self directed IRA. Removing the ability to use leveraged & inverse ETFs will reduce my investment gains
I, not the regulators, should be able to choose the public investments that are right for me and my family, Leveraged and inverse funds are important to my investment strategies. It just seems reasonable that Public investments should be available to all of the public and not just the privileged, I use the inverse funds because they are cheaper than shorting the much higher priced opposite funds
SEC proposed rule s7-7-24-15 would create an environment would remove the abilities to protect long term investments through a short term volatile environment. The rule would ultimately create additional volatility in the equities markets by eliminating the open access to inverse funds to the open market. I strongly recommend against adopting this rule.
I should be my responsibility to select the type of product I am interested to buy and to accept responsibility for the choice. Many individual stocks are even more risky. Do not take another freedom of choice. Make sure relevant information is provided and available but leave the decision up to the individuals.
I oppose restrictions on my right to invest. Government has already overstepped its boundaries on taxation. We the people demand that government be FOR the people and not special interests and corporations. We hold the power- not the other way around. Prepare for unseating if yoh challenge and infringe on our rights.
The events leading out of Jan 2021 and continuing into this year should make it abundantly clear that leaving any positions unreported or obfuscated results in a lack of faith in the fairness of US markets. That paired with a speculative bubble puts all investors at risk. I request that FINRA pushes for more reporting of short positions.
In todays modern age, short data can be uploaded daily. Within 3 days it should be published. I think FINRA should publish it as most publishers delay publishing and possibility delay to game profits or other motives. Please report daily and within 3 days have FINRA publish to public
We are grown people with the ability to make decisions on our own. I have got through life ok so far and don't feel that I need someone doing something in our better interest. If you want to help someone with their finances please step in and help the government.
Please do not add more regulations and disrupt my right to invest. Bank interest rates are so low that the only way to make any real return on your investment is to invest in the free market. This should not be limited to the super wealthy or a game for tax brokers and their fees.
