Dear Regulators!
It would be a huge mistake to limit investors abilities to use the various leveraged and inverse leveraged ETFs currently available as components of a balanced asset allocation. For long-term and short-term investors these vehicles have an important role to play in both mitigating risk and providing capital appreciation. Please do not put addition burdens on small retail
I fit all the normal requirements for suitability to buy such things as ProShares. I owned AGQ in my Roth IRA. I am a retired VP Investments from a regional brokerage firm, sufficient net worth and income, full options trading experience and qualification and was forced by the compliance guy where my account is currently to divest this security due to its complex and risky nature and the upcoming
I find it very concerning that FINRA is proposing to interfere in my usage of leveraged or inverse funds and ETFs. My investment firm's websites already give me ample warning about my risks using these investments, and they do it every time I consider making such a purchase. So your heavily burdensome proposed requirements would only be an unnecessary intrusion into my process of
The federal government should tend to its business and stay out of we the peoples business.
If you dont have any business, then you should be eliminated!!!
The less government, the better of we are.
All 3 branches should study the Constitution and do what our very wise forefathers laid out for them to do.
There are too many agencies that should not be be part of our government.
I oppose limitations to be able to invest in leveraged funds such as ProShares funds. You should not be able to limit my ability to invest in what I see fit.
To the SEC:
Please do NOT adopt the proposed rule!
I have included leveraged and inverse leveraged funds in my portfolio for well over a decade. I understand the concept of volatility drag and as an antidote, I employ modified dollar-cost averaging to lower my cost basis.
It seems criminally unfair for one branch of the government the Fed to create an overinflated market, only to have another
Let Us Invest, no regulation
Please keep your hands out of my pockets. If people want to invest they should just be able to invest. This government was formed to provide liberty and freedom, includes the freedom to be stupid.
I recent got the citizenship. In the civic test I learn that the freedom is one of the core value of American. I should have the freedom of choose what public investments I want and take the risk I am willing to take. This should include the inverse funds. The inverse funds is a very important in my portfolio. I have long term investment which are regular funds. But at a high position, instead of
I would like to continue to invest in leveraged funds. A test is excessive, but a simple video that must be viewed would be okay
