Please let me keep my right to invest the best way I see fit for myself. I understand the risks of leveraged funds and options as well, trading funds like these has given me hope to a bright future. Thank you for your time.
very truly yours
Andrew Deger
We, not regulators should be able to choose what we invest in. No special process such as an exam should be required. We understand and trade at our own risk. No test can change that. Leveraged & inverse funds are needed in my portfolio. They require less cash and are not subject to earnings volatility or principle changes.
before my broker would allow me to trade leveraged ETF's, I had to take a class and sign a risk disclosure form. this is more than sufficient to let me know about the risks associated with these types of investments. I should have the choice of what type of investments I own, not a government bureaucrat.
Leveraged and inverse funds are relatively high risk to investors, but most investors are capable of understanding the risks and invest the funds properly.
For equality, people who are affordable to take the risks should be allowed to trade these funds. Therefore, the entry barrier of leveraged and inverse funds should not be too high, say $50,000.
The availability of complex products and options can potentially expand the investment opportunities for retail investors and, if properly understood, offer favorable investment outcomes (e.g., enhancing returns, limiting losses or improving diversification). However, important regulatory concerns arise when investors trade complex products without understanding their unique characteristics and
Comments:It is my considered opinion that leveraged and inverse etfs are fine. There are many trading and investment vehicles that I do not fully understand and therefore avoid. I do not believe that because I don't understand them that they should be eliminated ! I you want to protect the great unwashed I think you could start with online gambling.
ALL investments in the stock market are a GAMBLE. What is the gain?? In truth, all an investor can gain over the long run is an average dividend. Since all investing is a gamble, why target JUST leveraged stocks and funds?? If you want to stop gambling, just close ALL market trading.
As an individual investor I consider
leveraged and inverse investment funds very useful to manage risk in my overall investment portfolio. They represent a minority but important percentage of my overall portfolio and are utilized to help offset and mitigate risk in my more Substantial longer term positions on a short term basis, avoiding disruptive transactions in my long term holdings.
I am
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Individual investors did not blow up the economy in 2008 with the use of leveraged investments they didn't understand, over-leveraged financial institutions (and the credit agencies that bodies like FINRA failed to regulate) did. Are you planning on prohibiting those same financial institutions from using leveraged investment or are you going to once again bend retail over in the guise of
