The ability to use leveraged ETF's gives individual investors a good way to buy PROTECTION against downside or buy long when market corrects. Do NOT take away our ability to compete with big boys.
You should be making it easier for people to invest not harder. You are keeping the poor poor when you do t let them invest and the rich rich. I'm sure this is the point. The rich elite need the debt slaves to serve them. What you do is evil.
This is a wildly inappropriate overreach by regulators.
I'm already unable to participate in IPOs that I would otherwise be very comfortable investing in because I'm not an "accredited investor." What happened to these "accredited investors" when they lost everyone's money in 2008? Did they go to jail? Did they lose their right to
I use leveraged and inverse ETFs as short term investments and its important to allow retail investors the same flexibility to trade in rising and falling markets as hedge funds. I understand the risk/reward profile of these and would be devastated if the option were taken away from me just because Im a retail investor.
You are our representatives in Congress and the house, in the state, etc. Please do not tie your constituents hands on me should they decide to invest their money as they see fit. This is blatant government overreach. Its time this stops.
As usual change the rules when the stock market quits going up. Inverse funds help people protect assets during market corrections. Leave things alone please.
Discouraging investments would weaken economic activity which is something you would want to avoid even in the middle of a major economic crisis.
Hello,
I am not opposed to the idea of requiring some amount of education on leveraged and inverse funds, but I think it is critical that any retail investor be able to invest some time and clear the bar. The "demonstrate a high net worth" limitation is 100% inequitable. The education should be geared toward actually spreading knowledge and and should not be focused on
Dear Regulators,
Individuals should be free to invest how they wish, without regulator claiming they know better. The legislation to ban certain types of trading to individuals limits their freedoms. There should be no expectation of tests, net worth, etc. The only requirement should be if someone has money, and wants to invest it. Leveraged funds and inverse funds are the only option for some
I am a CPA by trade currently working in the banking sector and have combined public/private experience of more than 20 years. I actively manage my retirement account as well as family fund. I hold bachelor and master degrees in accounting/finance and has been self-educating myself in investing over the years. I don't need a broker license or CFA title because I don't intend
