Leveraged and inverse funds are important to my investment strategies. These leverage and inverse funds, including that they help me to protect my investments or seek enhanced returns. I understand the risks associated with them.
Your proposed new regulations are totally unnecessary and only puts a burden on both investors and investment services. Notice of the risks are amply provided at this time and further action is useless and a waste of time.
I use the levered etfs. I am fully aware of the risks. These instruments are part of my investment strategy for the best portfolio for my needs. I do not think we need further regulation of these ETFs.
Cyrptofunds are a key part of my investment strategy for my children's education savings accounts. I understand and recognize the risks associated. Please dont make investing in cyrptofunds more complex or restrictive.
Life is about choices. Some choices are riskier than others. You cannot outlaw stupidity. Liberty means I have the right to choose to take a risk, if I believe that the potential reward is worth it.
I do not think that investors need an excessive level of hand holding when investing. The risks of inverse funds, etc., are accompanied by plenty of disclaimers already. This proposal is just excessive government regulation.
Everyone, and not just privileged individuals and financial institutions, should be able to access public investments. We understand the risks of investing and don't need additional barriers imposed on our ability to invest.
Leveraged investments should be available to all members of the public, not just the privileged. It is not the job of the government to determine what risk an investor can or cannot take. Keep big government out of my portfolio.
Please do not impose Rule #22-08 on the investment community. As with any investment, users of leveraged ETFs should understand the risks associated with ownership.The committee could write a pamphlet that would accompany the prospectus.
Summary
The SEC has issued an Order1 that permits specified FINRA members an additional 30 calendar days for filing their annual reports as required pursuant to SEA Rule 17a-5(d), subject to certain conditions. The SEC’s Order is in response to a request by FINRA that is designed to ease potential burdens that smaller members may face in obtaining audit services. Members that meet the