I am writing regarding the proposed limitations on trading leveraged and inverse ETFs. I do not believe it is governments place to be involved in my investment strategies, other than ensuring that investment vehicles provide adequate and fair disclosures. This is already being done. In excess. I receive enough papers to heat my home every winter, all consisting of disclosures, warnings,
Dear Sir/Madam,
Use of inverse funds is a method of protecting a portfolio from decline that is crucial to retired investors such as myself.
Since early March I have used inverse funds as a hedge to protect my long positions in my retirement accounts. The other options would be cash which would be decimated by inflation or hold and pray we do not have another dot com lost decade where
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NASD Regulation, Inc., reminds members of their obligations under the Free-Riding and Withholding Interpretation (IM-2110-1) with respect to venture capitalists and the cancellation safe harbor provisions. This information was previously provided to
I am very concerned new regulations will restrict or eliminate my ability to continue trading leveraged and inverse funds. I regularly use inverse funds as a small portion of my investment account to protect the account value when my buy and hold investments are impacted by unexpected world and national events which drive the market. The new regulations could be considered a TAKING (under 5th
Investing in leveraged and inverse funds are super import to me. Because I use them to hedge my positions. I believe they are much safer than using options to hedge my positions. If they are disallowed, I would need to use options to hedge, which are super risky. I used to lose a lot of money in options and don't want to touch it again. Basically, I think the public investments shouldn'
I DEPEND on trading leveraged ETFs for my livelihood. In fact, it is my only source of income since I am disabled and unable to work a regular job. If you take away my ability to invest, you take away my ability to survive and earn the necessary income which I need to live. It's that simple. Please STOP trying to "fix" something that isn't broken. Leveraged
Its should not be up to scrupulous Washington Bureaucrats to decide what I can and cant invest in. It should be up to to those who purchase and sell public securities. I have done research into every security that I have purchase and have kept prospectuses of each one. I have also read literature regarding investing.
This feels like a way for government to pick and choose which stocks are
Please do not restrict my rights and ability to invest in the stock market and stocks, exchange traded funds, currency funds etc. It seems that the regulators want to push out smaller investors like me. I am just an average person trying to build a portfolio only to provide funds for a decent, low to middle income retirement. Since banks pay next to to nothing in interest, what other way is there
Sirs,
All investments involve risk. It is up to the individual to determine if an investment is suitable to his own wishes and bear the consequences of such a choice. The government and its agencies are only needed to assure fair trades take place, not qualify the individual investor. If the individual is dealing with a broker through a b/d relationship, the broker is responsible to qualify
I think it should be up to investors to decide what they want to invest their money into. I understand what crypto is probably more than any of the law makers (unfortunately). Having crypto exposure in my retirement fund is key to my investment strategy. Funds such as BITO are complementing my investments, not hurting them. By restricting crypto trading you are leaving the hole US market at a
