Comments:I have traded L&I ETFs in the past. My broker's website asked me to first declare intentions for my account that were consistent with L&I products (short term and actively monitored.) I feel this was more than sufficient to dissuade any uninformed investor that didn't know what they were getting into. I don't want to be "protected" from these
For investors with exposure to a diversified portfolio, the ability to take advantage of changing market conditions and to hedge existing positions is without restructuring allocations or employing short sales, option, or commodity trades is essential to proper investment management. Inverse, and leveraged ETF's and Mutual Funds are the easiest and least expensive product for this purpose.
Comments: I oppose any further rule-making to limit access to so-called "complex products" (e.g. leveraged / inverse funds or ETFs). There are already plenty of warnings provided regarding the risky nature of these products. At my broker's website, for example, I receive a notification every time I attempt to purchase these products indicating their risky nature and
To whom it may concern:
I am appalled that FINRA would attempt to place additional roadblocks and restrictions on leveraged and inverse Exchange Traded Funds. These are very valuable tools that have enabled me to make money in almost any environment for several years. The ability to hedge nearly any market without selling something short is a tremendous advantage. Leverage is a very useful tool
i am completely against FINRA's potential regulation for me, an investor, to freely invest in leveraged ETF's. Currently, I am up over 100% using both short and long leveraged funds. All the funds that i have invested in over the years had plenty of warnings as well as instructions detailing for me how to invest in leveraged funds. It is a government overreach to stop
I feel additional regulation on inverse and leveraged funds who prohibit me from diversifying my account. I already invest in high risk stocks like penny stocks and I also short stocks so I maximize my annual gains. While I may lose money occasionally I fully accept that risk. I'm only putting a small percentage into these funds and the majority of my money is in less risky stocks.
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. If you want retail investors to continue investing through the rough markets, we need access to public securities like leveraged and inverse funds, which allow us to make bets against the market without the risks that come
To FINRA Regulators,
Please do not infringe upon my right to invest my money as I see fit. Any benefits or losses from my investments into any inverse funds such as the ProShares Trust Ultra VIX Short Term Futures (UVXY), should be solely my responsibility.
Please do not impose any more regulations on these types of investments.
Thank You,
Ho Kim
Palmdale, California
the leveraged funds, both long and short the underlying, are important tools in portfolio construction. The open and free markets and skill sets should determine the winners and losers, not selected regulations. And we the investors should have to be responsible for our own actions, whether the results are good or not. Nor should we be subjected to pass an exam of sorts to qualify. The current
I believe it would be in the best interest of retail investors to obtain real time FTD numbers from the SEC, considering the SEC has access to that themselves and could release it on a daily broadcast. It shouldn't be too hard considering FTD's are a rarity in the stock market according to SHO filings and SEC announcements
