I am capable of reading a prospectus that notes risks and I have the ability to accept or reject those risks. Abusing the rights of small traders is not a way to improve the markets. I suggest that you direct your efforts toward the Big Five and their trading abuses.
I only own one of the ProShares leveraged funds -- AGQ. It is less than 1% of the total value of that portfolio and is used primarily as a hedge and is at most a very minimal speculation. I oppose any regulations that would disallow my ability to trade this type of security.
Banning traders from buying or trading these ETF's while they are already holding them would cause catastrophic damage to most traders who are currently in positions they cannot exit. This is something that needs MUCH more time to be considered a good plan.
This poses a serious threat to market fairness. A retail trader or investor should have the right and freedom to choose any product that suits their trading strategy. We know what a leveraged fund is. Furthermore, if passed, liquidity would be severely affected.
I like leverage funds . It gives us opportunity for huge returns. In every investment they are risks . But with calculated risk we get opportunity for huge returns. Please allows us to invest in these funds as it is now. Please dont restrict trading these funds.
Hi,
I would like to express my opinions on Regulatory Notice #22-08:
1.
How do members categorize products as complex? Have firms implemented categories or tiers of complex products and, if so, how have firms determined such tiers? What types of products have recently been introduced that should be viewed as complex? Does our description of characteristics that render a product complex continue
It is a bad time to disallow leveraged ETF trade for regular traders. The market has dropped a lot this year, and we already lost a lot of money. We need to use leveraged ETF to regain those money when the market recovers.
Comments: Enough already!!! Investors are aware of the risks in the stock market. The risks encountered by "L&I Funds" are not much greater than risks that the broader so called safe market experiences. If you need to regulate something, regulate "robot trading"
Inverse ETF's are important tools for me to reduce my tendency to churn my account. With my positions hedged by inverse trades I am OK with leaving good investments as they are, thus enabling me to collect dividends necessary for living expenses.
It is not your job to tell us what we cant Invest in on the stock exchange! Leveraged ETFs were created to trade! If I want to put my hard earned capital at risk in a leveraged ETF I have the right to! Its my money!
