Do not limit investors ability to invest in leveraged and inverse funds. These are a tool just like any other tool. Investors know their risk and reward and chose to buy or not. If you know what is best for investors than you should quit your job and trade for your living since you know better than everyone else.
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
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
Why do regulators think US citizens are incapable of making their own informed decisions? We should not limit the ability of people to decide how to invest their own money whether it is leveraged funds or any other funds for that matter. We already have access to the prospectuses and can determine what is appropriate for our risk appetite.
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
In the current environment of overvalued stocks and bonds across the board, the winning strategy is short everything. You want to take that away, right now, at the top of this massive bubble?
Regulators, the Government, and the FED got us in this mess. Now, the only good option is going short. I understand the risks. And I want you people to stay out of my way.
I don't believe the regulator body's purpose is to decide in what I should invest. You should have broad standards that investment vehicles should meet but that is about where it ends. Leveraged instruments have unique risks but I use them with respect. You cannot protect every stupid mistake people can make and still have freedom.
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.
I am opposed to limiting my ability to purchase levered ETFs like upro, tmf, and tna. These funds allow small diy investors like myself to gain leverage without complex option strategies.
Paired with a good risk parity style portfolio it offers less volatility than 100% equity investing and similar or greater return.
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.
