Dont tread on our securities!
I am perfectly capable of assessing the risk of investment options, choosing which investments to include in my 401K, and accepting the financial consequences - beneficial or detrimental - of my investment decisions. I do not need or want government regulatory guidance or restrictions on my investment options. Please stay out of my financial opportunities and decisions.
Leveraged and inverse funds are important to people's investment strategies.
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.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds.
I am fully capable of understanding leveraged and
As owner of a small broker dealer since 1982 I ask you, please, to read the current regulations and conclude they are enough!! Reps 'must know their client". Prospectus must be provided before purchase. Reps must participate in continuing education. Supervisors already review all trades. What ever happened to 'let the buyer beware" as a way to teach investors lessons. How do
Do not restrict investing in Proshares products.
I should be able to invest my hard-earned money anywhere I want instead of allowing regulators to tell me where I can and cannot invest. How about you regulate hedge funds and other big money movers who actually manipulate the market and attempt to take retail investors' money while doing so?
Brokers and individual investors not regulators should be able to choose the investments that are right for their clients or themselves. Public securities should be accessible to all of the public, not just the privileged.
Do not restrict my access to investment products that help me balance the risks as part of my overall portfolio of investments. Leveraged and inverse products help me diversify and reduce overall risks. Limiting access to such products limits investor choice and would require them to seek other methods of mitigating risk, which could result in less investment or a less liquid marketplace.
I urge you to reconsider, this may be too restrictive.
