It is my right, an an American to invest where I want. Ridiculousness is intolerable. Enough is enough with imposed restrictions.
Please do not restrict my access to leveraged funds. I am capable of self managing my trades.
please allow speculators to continue using this investment. over 50 years experience trading options.
Leveraged and inverse ETFs provide me an opportunity to protect long-term investment of hard earned capital during natural shifts in market conditions, rather than try and time the market and sell long-term investments to later rebuy (a proven ineffective strategy). To buy protective options is considerably more risky, and cost-prohibitive. These ETFs allow everyday investors a clear manageable
I want to firmly protest the proposed restrictions on inverse trading being considered. Concise cautions for inverse funds are appropriate as is regulatory oversight to prevent fraud in their operation as should be applied to all financial instruments. In my dealings regarding inverse funds precautions are already supplied by the funds themselves and the brokerages like Charles Schwab that
Investing always carries risks with it. Leveraged funds and inverse ETFs have risk. But we have seen the wild swings of the market and blue chip stocks have substantial risk as well. Perhaps those who wish to restrict access to investments mean well, but the net effect of limiting access to inverse ETFs and leveraged funds is that it will create a 'good ol boys' club for larger
Please do not interfere with my right to select my own investments. I do not want or need the restrictions you are considering.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I oppose restrictions on my right to invest in vehicles that are of my own choosing, and I do not believe FINRA should be able to dictate to me about the use of my own money. I am capable of understanding public investment vehicles and I should not have to pass some sort of test in order to invest in them. Inverse funds play an important role for me to be able to hedge other long investments, and
I oppose imposing any restrictions on trading leveraged/inverse products. I am an experienced investor and use these types of products to provide a leveling effect on my portfolios.
