It is my right to choose what investments I use. After 60 years of investing I find that today's investment tools are very helpful in my decision making. We don't need someone to tell us what to do.
Let us invest in what we want and you invest in what you want.
I regularly use inverse & leveraged funds. I expect this to be my right to do so.
I oppose to restrictions on my right to invest. What is more difficult, having the business acumen to evaluate when to buy or sell individual stocks or the wisdom to know that if the stock market generally goes up over time, that you might make more money in a leveraged index fund like the double Nasdaq or double S&P. Are you going to tell me I can't approve of a complex
I have been trading for a couple of decades whether it being "Long or Short" leveraged funds. I don't need some regulator to tell me that I'm not sophisticated enough to trade my accounts. I highly oppose these regulations.
I am capable of understanding leveraged funds and their risks. I do not need these measures imposed on me. However, some better disclosure from the providers could be helpful to the public. Disclosures could include:
1) Predetermined plans for reverse and forward splits: "We will reverse split this fund if the value falls under $x.yz for a period of _________ days."
2) Better
I am not in favor of any additional regulation. I am an adult and the government is NOT trustworthy, as obvious from the state of affairs of the F.O.M.C. and the Presidents self serving policies that destroy the quality of Patriots and tax paying Americans. I have been trading for nearly 30 years. Stay out of my life.
We are assuming more risk on top of reward so there is a balance dont take away our financial freedom.
