I am retired and rely on my investments to provide income. I swing trade the market when it reaches extremes of bullishness or pessimism. By using leveraged and inverse ETF's I make money without risking my entire portfolio.. These products are not complex for someone who has no financial training but follows the market.
Please leave are investment options well enough alone. Being allowed to trade freely with our own decisions is a freedom that American's enjoy. Forcing people to go to brokers will make them "broker" and add undo complications. Leave government control of an individual investors money out of the equation.
I have had trading experience over 15 years, leveraged and inverse funds are important to my investment strategies, and I use limited part of your overall portfolio to hedge or enhance my return. Public investments should be available to all of the public, not just the small group of special people.
This is a bunch of [REDACTED]. Just another obstacle the little guy has to face because of the brokerage industry and their friends at the Hedge Funds that use leverage 24/7. I know what I am doing with leveraged funds just like I know what the risks are when trading options. Please don't do this!
We deserved the freedom to use our own brain and mind to pickup the investments we want purchase. The tings your guys planning to do is similar to the scandal Robinhood did during the GME and AMC trade, please stop to do it if you still want to hold credibility for FINRA.
It would be detrimental for the investors to limit their access to leveraged funds. Most investors know the risk of these funds and brokerages are doing a good job of making sure that investors know the risk before they invest in these ETFs. Putting limitations on who can and cannot trade these funds would only help the few.
I have been trading leveraged etf's for 10 years or more. I have never lost money in them. I feel that they are safe for me as I am very careful how much I invest, usually no more than 20% but usually 10%. I need them in order to preserve my lifestyle in retirement.
I should be able to choose my own public investments and
not a disinterested party.
I have traded leveraged investments for over 10 years and understand the risk involved - and with today's volatile markets it enables me to better control potential wild market swings without risking a large amount of capital..
I am a small investor and have been investing and trading for more than 10 years. I have only recently been able to invest in crypto, but do not have a high net worth. There are many of us in this category. Please don't take away our ability to invest in new areas.