Please do NOT restrict the use of leveraged ETFs in ANY way. Just this proposal is outrageous: You think only rich and privileged people understand risk? How condescending is that? Leveraged ETFs are the only way for middle class investors to have a decent shot of moving out of the middle class as we aim to become financially independent. Almost all retail investors understand the risk and
This is my absolute support for the fact that I, not the government, will decide public investments right for me!
Comments: As a small investor, I have found the Leveraged EFTs to be an excellent investment. I have invested in these EFTs since 2014. The price value of the funds have performed exactly as they were intended. Although I currently do not own any of these funds, I would like to be able to purchase them again when market conditions improve.
1. People work hard to avoid risk they don't understand.
2. The ability to buy contra ETFs is vitally important when
markets fall.
3. Where in law does it give you the right to tell investors what
they should/should not invest their money?
4. We, the people of the US do not trust you to serve the best
interests of the common citizen as you have proven
Hello, I am writing to oppose restrictions on leveraged index funds. I invest in leveraged index funds. I know that leverage entails greater risk. However, I feel that it is important for investors like me to be able to make our own decisions regarding these instruments. Personally, I look at the past performance of the fund and the index before making my decision. I also consider my own risk
I should be able to invest in whatever public invests I deem are right for me and my family. The government wants to tell women they can't have abortions and people don't have to wear masks in a pandemic. [REDACTED] is wrong with you [REDACTED]? Let me be the custodian of my money. Stop allowing only the privileged and powerful / rich have the ability to utilize diverse options, like
Please do not restrict my ability to buy TQQQ. I like it because it resets my leverage to 3x everyday, which makes it easier to hold without fear of margin call. I fully understand the implications of the daily leverage reset and don't need you to protect me. If you restrict my ability to buy this fund I will simply use futures contracts instead which will be even more dangerous.
This proposed regulation is yet another encroachment on the rights of investors, all under the flawed premise that investors need more "protection" than already exists. The Fund industry does an outstanding job of clearly spelling out the risks with leveraged investments, and any so-called investor who doesn't educate themselves to those risks has NO ONE TO BLAME BUT THEMSELVES if
Public investments should be made available to all, not just the privileged.
Hello FINRA,
I have been using leveraged ETF's in my portfolio using a strategy based on an algorithm that helps me decide when to buy and sell and I have been successful using this strategy. I have a firm belief that I, not the regulators should be able to choose the investments that are right for myself and my family. Public investments should be available to all of the public, not