I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST!
While the situations cited in Regulation 22-8 (involving money loss by trusting individuals) surely are disheartening, imposing regulations on the general public is not the answer. When I began trading in complex investmentments online, a warning appeared before I could purchase and I had to sign paperwork stating that I understood the risks. I feel
I have my own right to decide which product I want to invest. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I got a PhD majored in computational finance and I understand leveraged and inverse funds and
I believe it would be a mistake to reduce access to these popular and useful short to medium term trading funds. There is more than enough information in the market web sites on how to use a x3 fund. Extreme risk lies only on a " black swan" event and these events pose similar risks to all investors. I believe that I have benefited from my use of x2 & x3 funds on the SP500. It
This SEC proposed rule is wholly unnecessary, it does nothing but restrict retail traders with lower net worths from making the same fair trades as those with higher net worths. A rule that seeks to restrict access to investment vehicles using net worth is in fact not a rule. It is a barrier, not unlike a fee, that the middle class must struggle to obtain before theyre allowed to engage by the
No one needs this to be regulated.. some people would prefer not to use inverse funds rather than options.
Your job is not to protect us from these vehicles. I use inverse etfs and have for the last 15 years. They are a productive tool.
It is a persons own responsibility to know your own risks and not necessary to have a big brother. If a person is willing to take the risk of investing they
Go ahead and regulate whether I'm smart enough to invest my own money. Take away the inverse ETF's and leveraged funds, but please let me have access to insider trading like the rest of you crooked politicians. Or maybe just send the rest of us every day Americans to prison like you did to Martha Stewart. OR you can let legislation pass that allows us to take our social security
It doesnt make sense to have all these requirements to buy complex investments. Investors need to take responsibility when they make a purchase that results in a big loss. It is common sense to do research and manage your own risks before buying complex securities. It is not fair to have investors meet all these requirements before a complex security is brought. By doing basic research on the
I resent the thought that I cannot choose for myself what investment products work best for me. And I find it insulting, manipulative and corrupt that only those with privilege (high net worth investors) would be allowed to use these trading vehicles. I use these types of vehicles to hedge positions as well as to take advantage of down movements, since I can not use options in my IRA account. I
I am an adult who should not be treated as a child. I should have the sole right to decide what investments I take part in and not regulators. I have started trading from scratch and educated myself very easily from the resources available to from my broker. I fully understand the risks I am taking and should have the right to take them without regulator permission or requirements. The PDT rule
As a short term tool, buying inverse ETFs can be very valuable, and can actually help traders achieve financial objectives that they can not either otherwise achieve, or would require the use of riskier derivatives. Obviously, assets do not always rise, so trading just the long side means forgoing potential profit when assets decline. Also, using inverse ETFs during declining markets acts as a
