To whom it may concern:
Leveraged and inverse funds are important to my
investment strategy. I use them on a limited basis and when I am extra bullish or bearish on a trend.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am
capable of understanding leveraged and inverse
No one makes my financial or investment decisions but me. I particularly object to having to pass a test or get a broker's permission to invest my own money as I see fit. I might consent to take the advice of a broker or a government bureaucrat if either of them could demonstrate superb financial or investment acumen, but I consider that unlikely. You bureaucrats mess up with the
I don't want to take any more tests since I studied for my Ph.D. in applied mathematics. However, I do believe leveraged and inverse funds should reveal their advantages and disadvantages.
I use leveraged and inverse funds under certain circumstances. For instance, Im long TBT because it's designed to go up twice as fast as the 20-year treasury bond price goes down. I believe
I am a retired business owner and a 30+ year stock market investor. I am very capable of investing in Leveraged and Inverse Funds. I should not have to have a minimum net worth or go through any special tests before being able to invest in public securities. Please do not regulate or put limitations on Leveraged or Inverse Funds. This will greatly reduce my ability to reach my financial goals to
There is no reason to impose this restriction. Investors are already accepting risks when opening an account and imposing harsher restrictions only serves to make average investors have bigger hurdles to cross when it comes to returns over a long period of time. The free market should remain free, passing an arbitrary test does not mean someone is a better investor.
Stop putting more
I believe this proposed regulation is unnecessary and an overreach. I fully understand the risks associated with leveraged and inverse ETFs and don't believe I should have to take any "tests" to prove that I understand what I am doing. I use them as part of my overall investment strategy to manage my risks and/or enhance my returns. These types of investments are only a
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I also should not have to take a test or go through ay other special process as I have a very good financial advisor who makes sure I understand my investments and any risks involved. I don't need these measures imposed on me.
I
Leveraged and inverse funds allow me to hedge my portfolio and generate enhanced returns using derivatives. You don't need to be a rocket scientist to understand the concept of these funds and everyone should have access to them. Retail investors are capable of doing their own research and coming to a conclusion on whether or not these fit their risk tolerance and strategy without having
Writing this to let you know that I oppose the restrictions being considered to leveraged and inverse funds.
I like having these funds available to help with risk mitigation of my stock portfolio and to take measured exposure to offset growing inflation costs.
I am familiar with the inherent risks of using these funds and don't want to be forced to take a test to continue to use them
I should be able to choose the public investments that are right for me and my family. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I've been an investor for over 30 years! I use leveraged and inverse funds as investment strategies to hedge my portfolio from market volatility
