The Direxion L & I funds offer unique and easy access to important investing products and concepts. Please stay away from changing access to these concepts which make it easy for everyone to use small investments. Everyone understands the risks and should always have trouble-free access.
I am writing to inform you that I oppose this regulatory proposal to limit access to leveraged and inverse funds. I feel that retail investors like myself are more than capable of understanding the technicals and risks of leveraged and inverse etfs. Restricting trading of these equities is a violates the principles of the free market.
I oppose FINRA limiting my ability to invest in whatever ETFs I want. I realize the potential losses I may incur, as well as understanding that I may gain from these investments as well. I feel like this is a bit of control by the government. It is my money to risk. I should not be denied the access to these investments.
Dear regulators, The use of public leveraged and inverse funds should be my and other investors' decision and not be restricted. They are very useful as part of an investment strategy. Investors are more than capable of understanding their risks and a special process like passing a test is unduly burdensome and unnecessary.
I periodically use inverse mutual funds and ETFs to my advantage. I have a high net worth, and over 25 years experience trading. I do not need the SEC to restrict or control my access to any investments. I clearly understand the risks, and use ETFs appropriately.
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 am capable of understanding leveraged and inverse funds and their risks. I would like to update the regulators to put no imposed meausres on us.
The risks of trading leveraged and inverse ETFs are well known. Retail traders who can trade options or futures should be able to trade such ETFs without restriction. Its less expensive and easier to do than trading options and futures and dealing with margin etc.
I am tired of the government thinking for me. Our freedoms are compromised enough without regulators telling me what's best, or making me jump through endless loops to invest in public securities and the leveraged or inverse funds I may want to use to offset risk.
Stay [REDACTED] out of my life [REDACTED]. No one asked you know-it-alls to decide whether we should take certain risks or not. Mind your own business and leave us alone! Go see your kids ballgame and do something useful.
Regulators have no place to seek a product too complex for investors when the regulators have messed everything up. It is our right to use our money how we see fit and it is our risk to take contrary to what you control freaks think.
