I do NOT support regulation of leveraged, inverse funds. I am aware of the risks such investments carry. Furthermore, I am an adult and wish to make my own investment decisions.
Please do NOT pass legislation/regulation effecting my ability to invest in leveraged/inverse ETF's.
Thank you,
Mel Brown
Comments:its my choice to trade any and all securities including leveraged and contra etfs. The information on its risks is widely available and I reviewed it many times. Its my responsibility. I and we do the Due Diligence as long as full disclosure is provided.
Thank you,
Mirek Wachowiak
Hi,
I am a small investor that manages a number of portfolios for my extended family. The majority of these portfolios are IRA and 410K's and the only option available in those non-margin accounts for hedging risk is inverse mutual funds. The loss or limitation of these instruments would be a great loss to the small investor.
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 am capable of
understanding leveraged and inverse funds
and their risks. Regulators do not need these measures
imposed on me.
I often use leveraged and inverse funds to make directional trades in the stock market. I also use these types of funds to hedge other investments in my account. I understand the risks associated with them and hope that additional regulations will not be added that would limit my access to these types of funds.
I oppose any proposal to limit my freedom to invest in leveraged and/or inverse funds. I fully understand these investments and use them to hedge my portfolio risks. I do not see any need for forcing me to go through a special process in order to trade these instruments.
It's on the diligence of the investor to know what they are investing in. If you believe buying and selling leveraged ETF's is too risky for investors what about regular stocks? Should retail investors take tests to see if they can trade public securities? The market is speculation, there is always risk.
This is a violation of the free market principals. Risk assessment and tolerance is an INDIVIDUAL human characteristic, and therefore this approach will not work. Furthermore, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.
Dear Regulators, I, not you, should choose whether I can invest in leveraged and inverse ETFs. additionally, I should not have to take and/or pass any tests to be able to invest in leveraged and inverse ETFs. I am fully aware of the risks associated with investing in leveraged and inverse ETFs.
I should have the right to choose public investments. Regulators do not need to impose any measures to test my knowledge of leveraged and inverse funds and the risks involved. I use these investments to protect me and to seek enhanced returns as a limited part of my overall investment portfolio.
