Please refrain from trying to limit my options for investing. I have been investing for over 30 years using my own judgment. I do not need your guidance or protection. It should be my choice in which funds to invest, for better or worse, not your unilateral prohibitions.
THere are too mant thied parties in the investment theatre now. Enough is enough.
I am against regulating the leveraged and inverse ETFs.
My brokerage co. Fidelity make you read a statement and request that you are able to invest in what they term more aggressive investments. I appreciate the ability to be able to invest in leverage fund instead of having to do it through playing with margins (i.e. loans) and inverse without actually having to mess with shorting a stock.
I oppose this.
Leveraged and inverse funds are good for trading rather trading a single share.
This gives diversify investment for short term gain
I, and most, people who currently invest have a wealth of information available to them, in addition to close relationships with brokers and advisors. No amount of the governmental control you propose will add much to mitigate what you may perceive as inequities or irregularities in investing. I feel you would best spend your time and resources monitoring adherence to current laws and regulations
The fact this is even being proposed with any legitimacy surmounting it is an absolute disgrace to the common folk of this country. It is easily understood that if we pass something like this, many other countries' governmental systems will follow which would be absolutely devastating to the low, middle and even high class members of any society. Disgusted would be the least I could say
SUBMIT A PUBLIC COMMENT
- Leveraged and inverse funds are crucial to my investment strategies. As leverage and inverse funds, help me protect (hedge) my investments or seek enhanced returns with less risk (smaller dollars at risk), and I use them as a limited part of my overall portfolio.
- I shouldn't have to go through any special process like passing a test before I can invest in
I OPPOSE YOUR INTENDED RESTRICTIOING REGULATION TO MY RIGHTS TO INVEST IN PUBLIC INVESTMENTS. I SHOULD BE ABLE TO CHOOSE THE PUBLIC INVESTMENTS THAT ARE RIGHT FOR ME & MY FAMILY. THERE SHOULD NOT BE ANY SPECIAL PROCESS OTHER THAN BROKERAGE HOUSES DETERMINE INDIVIDUAL'S INVESTMENT EXPERIENCES & ASSET VALUES TO INVEST IN LEVERAGED & INVERSE FUNDS. SO, DO NOT IMPOSE
Dear Sirs,
I have been investing in leveraged securities since 1979 and have never had a margin call. For 20 years, I traded commodities on the Chicago Futures Exchange and held a full-time job as a construction Teamster. I counsel people to not do that. I just wish to make the point that I know how to safely handle leverage, and don't need a hand-holder. I do my own research, having
Should let people trade freely
