Leveraged and Inverse funds are important investment strategies to head against. Such investments should be available to the general public like me who are not privileged - we don't need tests to understand leveraged / inverse funds and the risks they entail. Do not make regulations that only benefit the super rich - give equal opportunity to everyone.
Comments:Please do not limit access to leveraged and inverse ETFs. These are great investment products which complement the portfolio. I think all that is necessary is a n advisory notice before trade execution for investors who lack in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.
I understand the reasoning for this regulations but feel they are much too strict and will penalize investors who understand the additional risks and leveraged funds perfectly but don't have high net worth. I think it's pretty clear that high net worth certainly doesn't make you a responsible investor and the opposite is just as true if not moreso.
Current regulations mandate adequate disclosures regarding the nature and risk investment products including leveraged funds. I do not need or want any further government intrusion into my business. Desist from your meddling and focus on violations of existing regulation. I do not need or want further infringement on my investment choices.
I would like you to leave leveraged ETFs alone. I should be able to choose to have a risky security in my portfolio. At WORST, I would be willing to accept a qualification process based on risk tolerance, but not amount of income or assets, or experience. I,e a poor but educated and informed aggressive investor should not be prohibited.
Thank you
I not regulators should be able to choose the public investments that are right for me and my family.
Public investments should be available to all of the public, not just the privileged.
I am capable of understanding leveraged and inverse funds and their risks. Regulators you do not need impose measures like passing a test to invest in these products imposed on me
I strongly object to regulations restricting my ability to invest in leveraged and inverse funds without jumping through hoops. My investment risks are my own to take. Unless the government or its agency would like to guarantee me a fixed return on my investments that is acceptable to me, it is wrong to constrain my options.
Complex financial products(Leveraged and inverse funds) are well explained in disclosures and everyone is well aware of the risks involved before investing in them. You should not have to be an accredited investor or go through special processes to have access to these types or investment options. We do not need additional rules and regulations on these types or products.
I support this regulation as a step towards decreasing the systemic risk and opportunities for market manipulation created by the current, insufficient standards for reporting short position activity.
Leveraged index funds are similar to buying individual stock in terms of risk. If leveraged index funds are taken away, then investing in individual stocks should be as well. Members of the public do not have to go through any special procedures to buy publicly traded stock, nor should they have to for leveraged index funds.