To Whom it Concerns,
I highly disagree with this proposed regulation and feel confident in my understanding of these instruments. They are behaving as I expected and I understand the risks involved. Please allow me to invest in what I would like to invest in.
Ive been in the financial industry for 21 years and Im fully aware of how these funds operate. Im capable of investing at a variety of risk levels and dont need government intervention to protect me.
These funds comprise an important part of my investment strategy, both as leverage, hedging, and recovery of funds invested, but lost in past markets. I understand the risks involved in using leverage or investing in inverse funds.
Investors are capable of understanding the risks of inverse funds, and I do not believe that I should have to pass a test or that sales of inverse funds should be restricted. Otherwise only the rich will be able to take advantage of these things.
To whom it may concern, I oppose limitations on my ability to buy the Funds. Fidelity did give me warnings that some specific funds I was purchasing are of HIGH RISK, and I opted to proceed.
Thank you.
I oppose restrictions on my rights to invest in leveraged funds. Why are you proposing to limit my ability to assess risk and make choices and then only allow these options for the ultra wealthy? This is should not be done.
Everyone should know what they are investing in and responsible for their own decisions and own the risk. Regulators should not choose the investment that's right for the individuals. Leveraged and inverse funds are very important in investment strategies.
It is disappointing to read of further regulations against the retail trader. These funds are at our own risk. It is upsetting that I even have to comment in an attempt to preserve the ability to provide myself and family a better financial opportunity.
we should have the right and ability to purchaser and invest in these leverged and inverse funds. we people have capacity to understand the funds and risks. please do not take these measures imposed on me. thx.
I totally disagree with the proposed steps to limit trading of inverse and leveraged ETFs. It would be reasonable to make the broker warn you about the risks the first time such an investment is made, but not to restrict or delay a trade.
