Comments: I am well aware of the risks of trading leveraged etfs and have been doing so for many years as a hedge to other investments. I would appreciate if as an investor I am allowed to do what Is most suitable for my portfolio.
Individual investors should have the right to invest in a variety of asset classes and financial securities with varying amounts of risk rather than restrict them to a privileged few (trusts, hedge funds, high net worth individuals, etc.).
Leveraged funds are very important to my investment strategy. I completely understand the leveraged risk involved with investing in these funds. I should be able to keep investing in them. Please do not take away my ability to use these investment funds.
Please don't be an paternalistic about what we can and can't elect to invest in. Leveraged funds, crypto ETFs, and other non traditional investments can be part of a balanced portfolio to mitigate black swan event risk and inflation.
Hello,
My name is Christopher Francis Lewis Patterson. I am an non-traditional, first generation undergraduate Business Information Systems Major communicating to you in the midst of finals at CSUDH Dominguez Hills in Carson, California. There’s a lot of other details about me that you may find interesting relating to my upcoming dialogue, but that’s not what this comment is about.
I would like
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 use these funds to protect (hedge) my investments when I see risk coming into the market.
Please do not impose further regulations on leveraged ETFs. Investors such as myself use these vehicles responsibly to invest in targeted asset classes. We fully realize the risks involved, please do not restrict our ability to invest in these products.
You 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'm capable of understanding leveraged and inverse funds and their risks.
The proposed rules are prejudiced and outright racist. Who knows better than the individual how one wishes to spend, invest or throw away their own money? Certainly no bureaucratic rule setter whose never met the risk taker.
As an experienced investor, I fully support this regulation. I assist other seniors in financial management and have far too many inappropriate investments promoted. Anyone investing in a complex, high risk instrument should be thoroughly vetted for knowledge and appropriateness.
