Dear FINRA,
I have successfully used leveraged (3x) ETFs as part of my investment strategy for many years now. They give me a safer way to capture large movements in the market than trading options would.
For example, if you buy a call option on the SPX, that investment could go to zero if you don't time your trade correctly.
However, when buying a 3x leveraged ETF like UPRO, your
I support greater regulation and restrictions on retail investment in complexed investment vehicles. Whether it's FINRA, SEC or some other SRO, I think it would be helpful if retail investors were required to undergo some sort of certification or training process to verify their understanding of the risk involved with trading risky assets.
If I had to choose which instruments would
I vehemently oppose the inflingement on my right to invest in public investments in this county. I am a proud immigrant and worked very hard to get here legally and earn my status in this society by working HARD. I have a family with 3 small children and WE should be able to choose where we want our hard earned assets to be invested. Not only the privileged should be having access to the free
To whom it may concern:
Leveraged funds are vital to responsible management of my family's investments. I've been tasked to safeguard our family monies and this responsibility has taken on extra urgency since my father died and my mother experienced a major stroke.
I have used SPXS as an insurance policy against a major market downturn. Certain external risk factors -- Putin,
The proposed rules are completely ridiculous since the United States is far behind the developed world and any kind of blockchain or cryptocurrency regulation the United States must 1st establish procedural laws and regulations around crypto that provide clear guidance to the citizens on how they can invest in and own cooker occurrences and cooked occurrences depending on the type should not even
Comments: Active investors are fully aware of the advantages and disadvantages of the instruments they invest in - most seek advice or read up on how they function. Exchange Traded Funds (ETFs) are by no means, whether regular or inverse, complicated in how they move with the indices or stocks they hold. The calculation of leveraged funds is complex; however, investors fully understand how they
This proposed rule is yet another misguided attempt to "protect" retail investors, while all it would do is limit retail investors options and increase the public's distrust towards institutional investors. While leveraged funds do experience greater volatility (and in turn risk), they are relatively easy to understand and give retail investors easier exposure to leverage than
As an individual who invests in EFTs and other assets using income from a W-2 Job, its very important that I have the freedom to review, research, and pick which products I wish to invest my money. The SEC is constantly making it more difficult to generate good returns for non-accredited investors and this is just another example. Actions like this leave normal citizens like myself out of some of
It's a great opportunity for individual investors to inevet their capital in leverage ETF to againt inflation. The regulator should not take this civil right away. It should treat same way for future/commodity market and ETF market. Everyone should be able to acess these two markets in same way.
Vix or UVXY or SQQQ is THE BEST WAY TO CONSERVE MY CAPITAL during a down market like the present market. We not regulators should be able to choose the public investments that are right for myself and my family. Public investments should be available to all of the public, not just the privileged.
