Why should any investment be limited to the elites and privileged. People should be able to make their own decisions regarding risks regardless of income or net worth. There should be no limitations (tests, readings, income, net wirth, etc.) of when someone buys, holds, or sells leveraged and inverse funds.
Trading platforms offer advice and risks associated with positions made by investor. Educating people who wish to save for retirement, even at an early age, should be given every opportunity to make personal choices. I support continuation of our current options made available through our brokerages.
I am writing to discourage a decision to limit investor choices with regard to investments.
If securities are approved for investment an investor should be allowed to avail himself/herself of such securities. Fraud should be the deciding factor in approving an investment alternative and not the perceived risk.
Leveraged investments are useful in hedging other holdings.
Thank you,
I use leveraged and inverse funds to enhance and hedge my portfolio of investments. These leveraged and inverse funds are a limited, but important part of my investment and investors like me should be allowed to use them regardless of their net worth. I understand the risks of these investments and should have the ability to use them.
Investing in stocks, real estate and any other legally available forms should not be restricted to retail investors only. The individual should be restricting his/her own according to his risk and benefit. If the government limits the access to leveraged and inverse funds to only the retail investors, it creates an unfair field,
SUGGESTED ROUTING
Senior ManagementLegal & Compliance
Executive Summary
At its May 1994 meeting, the NASD Board of Governors approved the issuance of a Notice to Members soliciting comment on the Report of the Subcommittee on Punitive Damages of the NASD Legal Advisory Board. The Report proposes a number of approaches that the NASD might adopt for the award of punitive damages in
I routinely hold and trade leveraged ETFs and I know what my risk tolerance and objectives are for these investments. I do not see any need to add additional layers of rules or regulations to my trading strategy. Please do not impose additional requirements that will make supporting my family more difficult.
Leveraged funds are better than buying stocks on margin. I understand the risks and shouldn't be punished. Additionally, having leveraged funds acts as a hedge against some trades. If you want to police the market, ban options trading which is far more intricate and can empty an account in hours.
I am an individual investor with 20 years experience, I do not want my investing choices limited by the regulations. I use inverse and leveraged funds OFTEN to meet my investment goals and objectives. I understand the risk and proceed accordingly. Please do NOT take this valuable strategy away from me.
I believe I should be able to choose investments that are right for me. Public investments should be available to everyone. I shouldn't have to go through special processes to invest in public securities. I understand leveraged and inverse funds and I consider the risks each time I elect to add these funds to my individual portfolio.
