Every investor should have the right to purchase whatever they want. Risk is solely the responsibility of the investor and not a regulatory body in a democratic and capitalistic society. Further action such as these are further proof that the US financial system is rigged in favor for the elite and top 1%.
Please allow me to make my own investment decisions. i use leveraged accounts as buffers to other investments. i am well versed and have been investing for 32 years. It's my risk and i'll bear the consequences
I have successfully traded leveraged and inverse funds for years now. I understand the risks and benefits. I find it counterproductive in a free society to have a government preventing investments that aid in leveraging an investment account to individuals who know how they trade.
Comments: Funds of this nature do not act in a predatorial fashion. Clients are provided materials to educate themselves of the risk associated with them. It is of my opinion a restriction is not warranted, investors should have the ability to use them as fit for there investment objective.
Leveraged and inverse funds are important to my
investment strategies. Its hard to focus on one stock and its always better to buy leveraged ETF and minimize risk .Public investments should be available to all of the public, not just the privileged.
Dear Sirs: Please do not restrict investment options such as trading leveraged and inverse ETFs. These funds can be an important part of a diversified portfolio. Taking investment tools from the public can increase rather than decrease risk.
I should be able to choose the public investments that are right for me.
I shouldn't have to go through any special process like taking a test before I can invest in public securities. I am capable of understanding my investments and their risks.
I am a self directed trader like millions of others. I fully understand the risks and conditions under which I trade. Leveraged products are a vital part of my investment strategy. It would be wrong to limit access to traders like me.
Please, do not stop access to invest in leveraged and inverse funds. It is my responsibility to take extra risk associated with them as well as ability to get rid of them if I find myself uncomfortable with them.
Thanks for understanding
Boris Svoyskiy
Due to I got the Exemption Index ID of National Futures Association (NFA) as a person and as a CPO, I already know about the risk to reward relationship associated to invest in ETF's such as BITO among others. Then I want to be free to diversify my investments.
