It is up to the individual to manage their risk. The regulation of publicly traded ETF is simply arrogant. Also, limiting leveraged ETFs will only push traders to more risky option contracts. It seems that the requirements to trade leveraged ETFs favors the rich and powerful and limits the capability of the retail trader...unbelievable.
I oppose this! It's my money, and I should be allowed to invest as I see fit. I have a degree in Finance from Georgetown, worked for EF Hutton, and fully understand leverage and inverse funds. These tools are essential for hedging risks in my portfolio.
Pls do not trample my rights.
These Investments were considered when they came out as just that .. INVESTMENTS . To take them away from traders like me and many others would be SCANDELOUS . Traders that purchase them know Full Well that there is just as much Risk in them as there is by purchasing a Stock like Boeing .
Dear Sir or Madam, In short, please allow continued use of leveraged products, as available with providers such as Proshares. The risks are adequately addressed in required prospectus and I believe they serve a worthy hedge option to public investors. I support their continued availability. Thank you. Best, James Liggett
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.
