Customers should be able to choose what is right for their investment strategy. Making changes would cause many to need to do leveraged complicated futures trading to accomplish the same goal and causing great financial risks compared to a simple leveraged fund.
I likely would not fit your thoughts of high net worth. But I have traded form the floor of a stock exchange for 20 years in my life. I think it should be up to me and my broker, not you to see what is fit for me to invest in.
I fully understand the risks of leveraged and index funds and object to the govt overreach of requiring a test to be able to trade these funds.
Exactly what do you consider high net worth. Will they only be available to the privileged rich. This should be available to all of the public.
Dear Regulators, I am an independent and responsible trader and I use leveraged funds as part of my trading strategy. I make a living doing this. Please take small investors into account when making decisions that might greatly reduce there way of making a living.
Leveraged and inverse ETFs are an extremely efficient and effective way to both hedge my core holdings, and to share in momentum moves. Please do not restrict my access to them, or the time frame I'm permitted to hold or trade these funds. Thank you.
It is still a free country and full disclosure is mandated! Please let us average investors have tools to make money.
Why let the institutions have tools AND advantages with high speed trading and front running us with pay for order flow!!!
Investment fraud comes in many forms, often involving opportunities and offers that seem compelling. To avoid being drawn into a scam, keep your guard up and look for warning signs before you commit to an investment.
These are important financial instruments designed to protect investment dollars, not waste them. The geared and levered products provide important alternatives to options and other derivatives that are traded like stocks and with improved liquidity. I support their continued use and recommend no increased limitations on their use.
This well intended proposed regulation will force small investors into trading futures contracts in able to hedge or short the market, creating even more risk for the average investor.
Stop this silliness now. This proposed regulation does more harm than good.
I strongly oppose taking away retail traders’ right from trading complex products. This is unconstitutional and unfair as it only allows the rich to invest. The right and privilege to freely invest one’s own money on any products should be for all and not just the privileged.
