I am an adult American citizen, and I am perfectly capable of making my own decisions up to and including my investment decisions. I have been doing so successfully for most of my adult life. Let me decide that level of risk versus safety I need and how I achieve that balance.
FINRA should stay out of the personal investing decisions
of the public. The leveraged and inverse funds are a great
aid and help in managing a portfolio.They can actually help
you controll your risk and increase your returns. So I say
again keep your NOSE out of the investing publics pockets.
I don't think regulators should make the determination what investments are appropriate for my needs. There should not be obstacles to investing in inverse or leveraged funds. I am comfortable with taking on that risk. Adding a regulator-approved test in order to be able to invest in these funds is an unnecessary intrusion on my right to invest as I see fit.
I have been using leveraged etfs for a long time successfully. If you have educated yourself about the risks and have they work, they are very safe to use. The government should not make it difficult for investors to use these tools that have proven to very effective as a part of a multi prong trading strategy.
I am opposed to the implementation of this rule. I am a small scale, non-pro investor and these type of ETFs come in handy when I believe I have determined the direction of a given market. Like ALL investment vehicles, there are risks involved. But to make requirements for participation restrictive to certain accounts is just absurd to me.
I would like to continue as its very important for me to recover all my losses this year. Being limited will take away my ability to invest long-term and have my profile recovered (50%+ down). Nothing will get risk its just simply leveraging in ETF form.
I've been trading leveraged and inverse funds for a couple years now and they are critically important for my trading plan. I realize the risks and fully own them, but they are absolutely necessary for my future plans. I believe as a free American citizen it should be by right to make such financial decisions for myself and not regulators.
Dear SEC, I use leverage funds as a hedge for my total portfolio. I understand the risks involved with these funds. I do not need any more regulations enforced on me what I can do . As an American citizen, I believe the constitution offers me the opportunity to choose how I invest the money that I earned.
ProShares is same as all other investment such as equities, options, futures, and Forex. They has it's own risk and reward. Restrictions on one asset is not fair. Investors should have the right and freedom to pick their investment; and should not have to go through any special process of test. I am strongly object.
I oppose any restrictions to my right to invest public investments. I want to be able to choose the investments that are right for myself and my family. I believe I can understand the risk of investments. I always try to study, research and make inquiries to my advisor about these important matters concerning my financial future.
