All public investments should be available to all. Any access restrictions to leveraged or inverse funds is wrong. All investments have risks and those risks are taken by the investor not the regulator. Placing restrictions on funds or trading hours based your portfolio size or any other credential is wrongful discrimination.
To whom it may concern,
Leveraged funds play an important role in my overall portfolio management program. I am fully aware of the volatility that these funds experience. I use this fluctuation to enhance my returns, although I rarely trade them. I usually just buy them and let time provide the returns.
I will not vote for anyone that supports this. Free markets means the ability to trade those markets BOTH ways. This is nothing more than a plot to limit downside in markets. It's not fair, it's not free market, and it's not going to get my vote nor will anyone that supports this nonsense get my vote.
Dear FINRA Regulators,
Please don't place limitation on buying leveraged and inverse funds, that is an important option for many traders, and those funds are not complicate and not risky in general. I have traded leveraged/inverse ETFs for many years, didn't experience any problems with them.
Thank you for your time and consideration!
Dear Regulator,
I have been trading leveraged and inverse ETFs for over eight years. I fully understand the complexity and risks involved. I have endured severe drawdowns but also tripled and quadrupled my money. It's my sincere opinion that limiting access to such funds for the average investor is a big mistake
TO: All NASD Members and Municipal Securities Bank Dealers
FROM: All Operations Personnel
The schedule of trade dates/settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 12, 1987. On this day, the NASDAQ System and the exchange markets will be open for trading. However, it will not be a settlement date since many of the nation's banking
Institutions should be punished up to over 100% of their order amount and lose license to trade for naked short selling Institutions should not be able to hide their short positions using covered calls Short positions should be reported everyday
The leveraged inverse ETFs are the critical portfolio hedging tools in my IRA account. Because IRA account doesn't allow to trade options and futures instruments, the leveraged inverse funds are the only hedging strategy in the down-trend market.
I really need to access these financial products to manage my retirement funds.
I use leveraged and inverse ETFs as short term investments and its important to allow retail investors the same flexibility to trade in rising and falling markets as hedge funds. I understand the risk/reward profile of these and would be devastated if the option were taken away from me just because Im a retail investor.
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
