I only trade and invest in inverse limiting or not allowing would be horrible if you want to limit risk maybe tax it at a higher rate or have a higher fee when buying it
Forcing investors to go through any special process like passing a test before they can invest in public securities, like leveraged and inverse funds should not be imposed on investors and should be the sole responsibility of the individual investor. Limiting public investments to only the privileged will only make it more difficult for the average investors to build wealth or protect the wealth
I invested heavily in this ETF and currently loosing over 75% of my investment. If SEC does not allow me to continue holding this ETF, I stand to loose a lot of money.
I should have the freedom to choose the public investments without going through any special process like passing a test !!
I believe as an experienced investor that I should be able to use leveraged funds to enhance returns on my portfolio or in the case of inverse funds to hedge and protect on the downside for my portfolio. If not allowed to choose my only option would be to open a margin account and use leverage open myself to possibility of margin calls or to potentially short a stock that has unlimited risk.
I think I have the ability to select the assets I invest in. I have an MBA in finance which I think gives me the ability to select the investments I make. However, I think public investments should not be limited to which member of the public invests in them. While I have passed several Finra exams, I don't think every member of the public should be required to before investing in leveraged
I undertsand the volatility and how they work. IMHO, They are safer then many speculative growth funds, meme stocks, and crypto.
As an investor I think I fully capable of understanding how Levered and Inverse funds work. Public investments should be available to all of the public, not just the privileged. It is paternalistic to assume all retail investors are woo unsophisticated to trade ETFs such as these. Further, I, and other retail investors, frequently trade options, which truthfully are harder to understand and
What I decide to buy/sell is my business not yours. If you want to offer protection that should be MY choice to take, not yours to thrust upon me. I resent regulators doing that.
