I would greatly oppose our right to invest in alternative investments.
There is no valid reason to restrict freedom of investment in this way. If the United States continues to restrict freedom then a more competitive system will replace it. If these investment products are available to wealthy Americans then they are good enough for every American.
I feel I should be able to choose the public investments that are best for my portfolio. I am capable of understanding leveraged and inverse funds and their risks without having to take a test to trade them. These funds are an important part of my strategy with less risk than trading commodity futures, for example. Thanks for your consideration.
Having traded futures, metals, South African gold mining stocks, and a long-time investor in coins and bullion. I know of the risks of buying leveraged and inverse funds. Please do not limit or complicate my ability to make these purchases as I wish. Right now i am short the stock market with DOG and short intrest rates with TBF; Also long with oil holding USO. My money - my decisions!!!
The proposed regulations would unnecessarily infringe on my freedoms to contract privately on financial matters based on my own discretion. Leveraged and inverse funds are an important component of my trading strategies, and I should not have to disclose or satisfy any particular financial means or investment knowledge tests to enter into financial transactions in these products.
Please allow me to continue purchasing Leveraged ETFs. They make up a large part of my portfolio, and have for years. They are very useful both for short term trades and longer term investments. Moreover, I am not fond of shorting individual stocks, but inverse ETFs fit my needs entirely. Thanks you for reading.
I should not need anybodys permission to invest in public mutual funds. The leveraged inverse funds are an important part of my hedging program against market losses during volatile markets.
Do not restrict my access to investments of any kind. Please insure that everyone is given the opportunity to invest in all investment instruments
Prohibiting these investments is regulatory overreach. Required attestations and waivers should be enough to let individual investors manage their own risks. Moreover, implementing a net worth minimum just reserves the ability for enhanced returns for the already-wealthy.
While I understand the dangers of inverse etfs, and given the economic uncertainties in these difficult times with inflation, the horrifying war and a divided nation, I strongly urge that the sec does not interfere with free market and our free choice to invest. Please dont change the rules or impede. Its our due process in a free market economy. With respect, Cindy Gu
