If you regulate short selling you limit price discovery. China is restricting all kinds of rights with stock trading. In China you can't even talk about any bad about the market or stocks. Let's not make the same mistakes. enough!
Please don't restrict the securities that smaller traders like I can access and trade. Bigger players already have too many advantages, restricting access will only give them more. I really don't need regulators to protect me from myself!
Please dont think that buy limiting the trading of leveraged ETFs , the public will be safe.
Driving cars kills thousands, but we dont outlaw cars, we make them saw safe as possible. Please do the same with these. Thank you.
Benjamin Eide
I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. Removing these ETFs could potential force me to yet riskier investment vehicles like options trading.
Fidelity will not allow you to trade in all of the above unless you sign an statement stating that you are a sophisticated investor .I think even buffet is not a sophisticated . Even ETFs that are in your account cannot be purchased again without the signed statement good move FINRA
Regulators should not be able to dictate the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. Instead of finding ways to hinder the average investor, get together with other government agencies to stop insider trading by congress.
In my opinion, leveraged and inverse funds are much more straight-forward than options. It's a trading strategy that I feel makes a lot of sense and should remain an option.
All investors understand that these funds are investing in options in the associated index and that there will be decay over time.
How many people have been hurt trading SCO? What problem are you fixing? People assume risk every day in the market. If you think the risk is too high, then restrict access. Else, let folks buy and sell the asset.
Its my money and you have no right to tell me what I can or can not do with it. A far better us of your time would be reigning in the grossly abusive insider trading that is happening by government officials instead of going after retail investors.
Trading should be done in the light. The markets need transparency. There is so much manipulation in the darkness that confidence in the market suffers. Penalties should be a deterrent rather than just a cost of doing business.
