If an investor had placed an affordable $10,000 into a 3xQQQ fund in 2000, it would be worth approx. $60,000,000 in 2021.
Comments: I have no immediate issues with investor education, transparency or risk disclosure in consideration of the three evaluation areas for public comment.
For some of us who are young and do not have the financial means to invest meaningfully in the stock market, it is imperative to have access to leverage to smooth out the amount of investable assets throughout our lifetime. If, for example, a recession were to occur shortly before my retirement, when my earnings potential is highest and I likely have the most amount of money invested, I would be
Comments: Hello, I am an individual investor, and use Direxion as my main ETF products for very nice returns. I have a home-built system to monitor and notify me when to "buy low, Sell HIgh" so the radical movement of their ETF's don't bother me. I don't need any new 'enhancements' or regulations getting in my way of using their funds please.
Comments: I sign a release with my broker for trading 3x funds... Like any investing and trading, the person needs to be comfortable with the risks involved. There is not a test for a person trading a drug manufactures when they are working with people lives and the negative possibilities surrounding medical products.
Regulatory Guidelines to assist infringing on the rights of individuals. The only Protection anyone needs is against expansive regulatory instruments marketed to Help, Leading to the restriction of services toward willing participants. Ie: FINRA No thanks
Comments:I cant believe the FINRA what to interfere with the small investors making a few extra percentage points on their money. Leveraged Efts are one of the only places a small investor is on a level playing field in the marketplace.Sure theirs risk but thats what made America the land of opportunity. A Small investor can go long or short just like the futures without worrying about the
Please don't limit access to the leveraged and inverse (L&I) funds. These funds are good investment tools to compliment my investment portfolio. They follow the many market indexes and therefore are more stable and non-bankruptcy prone unlike stocks. These L&I funds are less risky than investing in individual stocks because these funds have more stocks within their fund
Comments: FINRA is misplaced with this indicated intent on leveraged ETFs. All financial instruments and transactions have complexity. All people have brains and they can use them - to make their own choices, do their own research, and get help and advice where they deem it necessary. Transactions with these and any ETF are purely voluntary and disclaimers are clear and numerous. No new rules or
PLEASE, DO NOT CHANGE ANYTHING. I HAVE LOST MORE MONEY THAN I MADE, BUT IT IS MY MONEY, NOT YOURS. STOP MAKING THIS COUNTRY A COMMUNIST ONE. ADULTS MUST INVEST THEIR (NOT YOURS) MONEY AS THEY PLEASE, AS LONG AS IT IS LEGAL. DON'T YOU DARE MAKE ILLEGAL WHAT IS AND MUST REMAIN LEGAL.