I should not have to pass a test before investing in public securities. I have been investing in all kinds of markets for more than 55 years. I am fully aware of what leveraged funds are and what inverse funds are and what their benefits and risks are. I essentially use leveraged and inverse funds to protect my long term investments.
I have used leveraged and inverse funds primarily from Rydex (Guggenheim) and ProShares in my investing for more than 20 years. I understand and have experienced the risks and benefits of such funds. I especially do not want to be denied these tools after all these years; and even when younger and less experienced, I was fully qualified to make my own investing decisions.
This regulation is classist and assumes anyone not in possession of wealth is too stupid to understand these investments. Limiting specific investments to only high net worth individuals will only exacerbate the wealth inequality in our country and is the antithesis of what America stands for. Anyone can learn to understand all of these investments and should be able to determine for themselves
I am a long time investor. I make my own investment decisions and read materials provided before I make an investment. I do not want to be blocked from from complex investments and I oppose any limitations. AS long as material is available conveying about risks and fund composition, fees etc we should have freedom to make a decision on the investment.
I believe as an investor, I have the right to buy leveraged and inverse funds as I have been doing so. It is inequitable for regulations to be made based on income and privilege of the individual. As it is my decision to invest in leveraged funds, I am fully capable of understanding the risks that come with investing in the funds. Investing in leveraged and inverse funds contribute to my
I am Retired, and manage my IRA myself. I listen carefully to a variety of Investors using TV and Internet sources. I frequently utilize ProShare Leveraged and Inverse Funds in this endeavor. I am fully-aware of the Risks of using these vehicles Long Term. I use them for Short Term Opportunities. I would like to use these Funds well into my Future Retirement Years.
Comments: Leveraged ETFs and inversely leveraged ETFs are not easily obtainable by novice and beginner investors. I request that Federal intervention not be invoked. Its my experience that investors have to submit special acknowledgement of the risk prior to be able to trade Leveraged/Inversely leveraged ETFs. "All" websearches already discourage their use. Again I personally
My experience with Leverage funds has only been positive. It's the only investment vehicle out there that you can buy a sector and make a substantial gain. Mutual funds can't do that. I am fully capable of understanding the risks. We need less regulations and more freedoms on how to invest our money. Thank you for listening.
1. You not regulators 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. 2. You shouldn't have to go through any special process like passing a test before you can invest in public securities. Explain that you are capable of understanding your investments and their risks
LEVERAGED ETFs AND INVERSE FUNDS ARE ONE OF THE FEW WAYS AN INDIVIDUAL INVESTOR CAN OUTPERFORM THE MARKET (WITH RISKS TAKEN INTO CONSIDERATION. SOME HAVE BEEN AVAILABLE FOR A DECADE OR SO. YOU ALLOW INDIVESTOR TO USE LEVERAGED INVESTMENTS WITH OPTIONS USING "PUTS" AND "CALL" OPTIONS. THIS HAS BEEN GOING ON FOR DECADES. WHYNOT TRY TO RESTRICT THEM? AND WHY NOW??
