I know what I do. I should have the freedom to trade the ETFs (LEVERAGED AND INVERSE FUNDS) which I through are suitable. These ETFs are very convenient and no investment barrier for the me.
If one day I lost such investment chances in US, I would move my money to other country which is more friendly to retail investors.
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Stop another power grab by big banks! Position sizing and trade stops are the main ways to reduce risk. Where is your support on those tools?
All the regulations will do is to give exclusive access to special entities, that could enrich themselves or re-sell the same investments as a "service" to individual investors.
No thanks.
Please don t do this
I enjoy trading and trying to make myself self sufficient ,This will not help if this wont make it so I can expand my retirement , Just trying to get the American dream a little at a time .
I don t need your help to control my retirement my extra earning ability
Thanks
Comments:Please do not do this. Leveraged and leveraged ETFs provide the exact leverage WITH liquidity that I need for large trades. Theyre much safer and less volatile than any given overnight gapper under $10. You will solve nothing with this restriction. You may drive investors towards even riskier investments.
Leveraged exchange traded funds (ETFs) play a useful role in my investment strategy. The way I use them, they are no more risky than individual stocks, and they are less risky than some other investment vehicles such as futures contracts. Please do not prohibit individual investors from using leveraged ETFs.
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I disagree with the idea that these leveraged/inverse funds should be disallowed for purchase by individual investors. The risks are reasonably well-known and the information about them is available for anyone to read. The fund which I am invested in allows me to hedge my portfolio in a way that would not be possible without it. Please allow me to continue to trade these funds.
Stay out of individual investor decisions please. These are important tools for investors that are not high net worth for hedging and trading. Yes, go ahead and require people to read and understand how they work and the risk but do not restrict access. It's tough enough as it is to compete with wall st and high net worth investors.
Dear FINRA: I'm a long term buy & hold retail investor of leveraged exchange traded funds (ETFs.) I am a significant shareholder of ProShare's ETF "UPRO" at owning 0.01% of all outstanding shares, and of Direxion's "TMF" owning 0.07% of all outstanding shares. If you were to consider me an institution, I'd be rank #12 of ownership in terms of shares