First of all, no one can prevent a fool from squandering his/her money. You may block a few ways, but he/she will find another way to lose it.
By restricting investments, you prevent people the opportunity to grow their wealth on their own and force them to go to mutual fund managers who charge exorbitant fees.
In taxable accounts, I can trade options that allow to make money in bull markets,
Comments:
Leveraged and Inverse funds provide me with a unique capability to both hedge market risks and provide a balanced portfolio. As an individual investor, I understand the risks associated with these and other products.
The market is currently stacked against a small investor because the entry is regulated by experience and wealth (not behavior). For example, the day trade rule takes a
I strongly oppose it. It's my decision to take the risk or not.
I am not in favor of increased regulation
I should not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like
Offer education on inverse and lev. Funds. You will have done your job without oversteping.
I use leveraged and inverse funds to hedge my investments as well as in order to seek better returns. They are a limited portion of my portfolio. I have read all the appropriate documents related to their risks and I have accepted such risk in a responsible manner. Any regulation on such funds would negatively affect me by restricting my investment opportunities and options. Such opportunities
I have invested many years and money to learn about short term and leverage investing. Please at the very least, people who are already investing this way should have the opportunity to be grandfathered in if this great way of investing is to be taking away. My models are based on this form of investing. Overall, the market looks bullish for the first two weeks of May 2022.
Let us keep our right to invest.
Dear regulators,
I would like to make my opinion known regarding the restrictions for buying leveraged and inverse funds and dozens of other popular investments deemed to be complex.
I, not regulators, should be able to choose the public
investments that are right for myself.
I shouldn't have to go through any special training or
passing a test before I can invest in public
Leveraged and inverse ETFs are important to my investment strategy because I don't know how to trade options or short the stocks. It's easy to understand and easy to buy and sell. Please don't take it away from us. Otherwise I will have harder time to accumulate enough savings for my retirement. Please leave it alone, there are tremendous reasons for leverage and