Please reconsider limiting who may invest in leveraged funds and inverse funds. We are quickly seeing only those who are already financially established being allowed to invest in securities that have potential for high upside. As such, the cards are being stacked against the average investor, even those who are willing to educate themselves and accept the risks.
I have used inverse ETFs for over twenty years, well aware that they are risky investments. Yet they are important to diversify away and/or risk-manage my core "long" positions. Losing this functionality would seriously INCREASE the risk in my investment process. Please do not block or qualify the use of inverse ETFs any more than at present.
Investors like myself, should be able to select the investments they deem fit for their overall portfolio without having to jump through restrictive hoops. I own a leveraged ETF through Fidelity. Whenever I look to purchase more of this ETF, Fidelity requires that I read some disclosures and attest to the fact that I understand the risk involved with this investment. I believe that is enough of
To may it whom concern,
I believe its unfair to regulate leveraged investments in te middle of a financial "crisis". The stock is deeply down, so it could be a measure that affects an important amount of people and their welth. I, Rafael Sanabria, invested on these ETFs knowing the risk that they imply in my portfolio. Please let us trade by ourselves.
Thank you for listening
This is a huge mistake. Retail investors are much more sophisticated than you are giving them credit for. WE DO NOT NEED MORE BABYSITTING AND HANDHOLDING. We have the right to take the risk and invest in products that we so choose. Let us trade and invest in these complex products. The proposed rule changes are insulting, unamerican, and disgraceful.
The risks and benefits of leveraged ETFs are well known to investors. I should be able to invest in a product that I research and feel comfortable investing in. If we regulate leveraged etfs, what about regulating home purchasing (5x leverage) or the actions of Wall Street.. where large players can easily manipulate single stocks through short selling or otherwise?
It is important to me that I not regulators should be able to choose the public investments that are right for my portfolio. Public investments should be available to all of the public, not just the privileged. I also use levered ETFs to offset other exposures in my portfolio that cannot be reduced, e.g. exposures to DB pension benefits with incomplete inflation indexing and hence inflation
I strongly oppose restrictions to my right to invest. I have decided what kind of risk I want to take on, and based on that I have chosen certain investments. I should have the freedom to choose my own investments. Keep your hands off of MY money. It's my future, not yours. Don't take away my rights!
Dear Sir,
I am just learned that my right to freely invest my money in the leveraged product might be taken away by the regulations. This is not acceptable. As intelligent investor we know our risk and reward calculations. Do not do the in the name of protection of investors. Keep your hands off my money and my options to investing it
I 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 should not have to go through special processes to invest in these securities even though I am a CFA. Leveraged and inverse funds are important tools in investment strategies and can even work as risk mitigants.
