Imposing these new hurdles to accessing inverse and leveraged funds greatly reduces my ability to build aninvestment portfolio toward a healthy retirement and a nest egg so that I can build a family, speaking as a young person. As anyone familiar with the principle of life-cycle investing will tell you, investing aggressively as a young person is key to maximizing returns. Please reconsider these
I am opposed to the proposed changes in investment regulations which would prevent or restrict investors from buying "complex products" such as leveraged and inverse funds. I am a 65 year old retiree and this would have a profoundly negative impact on my retirement savings. If you want to impose limits on investors prohibit Senators and Representatives from investing in stocks.
I invested in leverage ETFs for almost 4 years. I would not be able to reach my retirement goals without these products. I have already met all your proposed safeguards through Fidelitys control process, with the exception of a written test. Please have your legal team spend their time on more important issues. Your proposal is mostly redundant and an interference with innovation.
Regulating plans such as pensions and retirement plans (401k, 403b, etc), where the saver/investor has little to no input on how the fiduciary treats their money is wise.
REMOVING ACCESS TO VALUABLE INVESTMENT TOOLS FOR THE INDIVUAL INVESTOR, MAKING THEIR OWN DECISIONS, IS NOT.
Please do not make it harder for me and my family to invest our assets in a way that meets our needs!
Leveraged ETFs have become a very important part of my portfolio and retirement plan. They provide cheap, accessible leverage for normal investors like me, and without them I would be unable to utilize leverage in my situation. I fully understand the risks and use them as part of a larger, unleveraged, diversified portfolio, and Im sure many others do the same.
I getting tired of branches of government creating new ways of making life harder to get ahead. For retirement, short and long term investment and more. Every time something new trickles down to us common people to better ourselves you decide to regulate the hell of it. Making it harder to be able to do for myself and better protect my future outcome.
I believe that it is important to separate retirement investments into diverse vehicles reduce risk and protect investments over time. Please do not restrict our capability to invest in public investments including cryptocurrency funds. My family is more than capable of investigating, researching, and understanding the risk involved with investing a portion of our hard earned money in the funds
Ordinary citizens need to retain rights to invest in reverse funds and leveraged funds. High wealth investors should not be given special privileges to take advantage of these investment strategies. This is one more example of economic and financial inequities that rig the system against small investors building for retirement. Pending regulatory changes that hurt small investors should be
It seems to me that we should spend more time educating our country how to invest in general. The majority of the US doesnt understand investing and doesnt save enough for retirement. I would urge the SEC to focus their focus educating and guiding them than creating more hoops for those of us that do we understand how interesting works. Please..
I use levered funds such as TQQQ and Reverse levered funds such as SQQQ to trade for the purpose of supplementing my IRA savings, since I am long retired and I have two degrees in Electrical Engineering and 32 years experience in Research and Development of Geophysical tech. My broker displays the risks involved before I place a trade. Thank You very much.
