Please allow my research and judgement to decide the best investment vehicles for my money. All tools require effort and time to learn. None are more complex than others. ETPs like Inverse ETF funds go the opposite direction of a benchmark. How is this difficult to understand? In fact, in my ROTH IRA this is the safest means to hedge against the market going lower. I don't want to
RE: Restrictions on Leveraged and Inverse ETFs
We know that these investment vehicles are legal, so restricting access is basically unethical and corrupt. If these investment vehicles are open to some, then they should be open to all. The proposal includes language about needing to pass a FINRA exam to invest. Scarry Part is the fact that other investment vehicles could become restricted as
SEC Approves Amendments Expanding TRACE to Include Agency Debt Securities and Primary Market Transactions
Please let investors invest freely. Take risks and rewards on their own judgment. Financial markets should be open to all participants.
It would be a shame for these investment vehicles to be ruled unlawful. It is my freedom and right as an investor to use these vehicles to achieve my financial goals
Do not deny my freedom to invest in any financial product that is approved by actual regulations. More and restricted regulations are not in favor of a diversified portfolio.
Any attempt to restrict or limit my ability to invest or otherwise interact with the economic and financial institutions of this country will be considered an action worthy of rebellion.
Regulators do not know what is in my best interest better than I do, and should not seek to override my judgement in financial matters.
Comments:I find leverage ETFs to be a valuable tools to my financial plan. It allows me to take a stronger position than I normally can
I am a simple accountant from Long Island, NY. I have been investing in inverse ETF's for 13 years. In 2009 I left a low paying job as a tax auditor for the Pennsylvania Department of Revenue. They cashed out my accrued pension benefits, which were worth $6,500. I deposited this money into a traditional IRA rollover account with a broker in February 2009. I invested 20% of the
