Hi, FINRA
I am a small investor, and I appose the restrictions on my right to invest the inverse ETF
All stock market is now dramatically dropping, it seems no any policy/regulations can stop the dropping. However, inverse ETFs are extremely powerful tools, which can protect my investment portfolio against the stock market dropping. If I lost the right to use inverse ETF to hedge the market risk
I strongly oppose regulators to choose what is right for me or my family to invest. I am considered well versed in investment options, however I object to being tested for my ability to understand and to pick my investment options. This is ridiculous. How much control do you want over us? Leave us alone and let us pick whatever option is right or appropriate for our goals. Leveraged funds give us
Leave our investments alone! We, know better than you, what is in best interest of our own family! AN I do not need your tests, before I can buy public securities! AN I do not need any of these measures imposed on me! Or anyone, else either! I know the riskes.. I am not a TOTAL IDIOT, LIKE SOME PEOPLE!! AN I DO NOT NEED ANYTHING IMPOSED ON ME, IT IS LAND OF FREE HOME OF THE BRAVE, FREE SPEECH, WE
Hello,
My name is Steve Floor, I have been Investing and trading for 30 years, my how time fly's. I have always been able to choose
public investments that I feel are correct for me. I do not wish that option to change, no special process no more regulation
no special tests or show of means. I use leveraged funds to balance my portfolios knowing the inherent risk and reward. Please do
I oppose restrictions on my right to invest in any public investments I choose and feel it is very unfair to hold these funds back for just the privileged. I am capable of understanding the risks involved by investing in leveraged and inverse funds and do not need to pass a test before investing. Trading the inverse funds in recent months has enhanced my returns a great deal with so much
Dear sirs
I am testing a strategy using leveraged ETF's. My simulation shows it is feasible and successful. I have the following considerations:
1. ETF's are funds of many stock stocks, especially market ETF such as TQQQ. It has market risk but not the risk of individual companies. Sometimes, individual companies have higher risk than the market itself.
2. My strategy is short
I am a proven investor and know the risks associated with all my trades/investments. I believe as a private investor I should be able to choose the public investments I deem best for me, not regulators. I shouldn't have to go through any tests or special processes or have access to "x" amount of money to invest the money I have worked for. This proposed regulation
I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. Explain that I am
capable of understanding
Limiting my ability to invest in leveraged instruments would be yet another exercise of a "Nanny State." It would also be a restriction of my Free Speech - just as much as restricting my ability to donate (or not) to your patron's re-election campaigns. Leveraged instruments are the key to my investment strategies and financial future. I use them to hedge my other investments.
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
Besides, leveraged and inverse funds are important to my investment strategies.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds. I
