Welcome, it’s great to see all of you here this morning. We have a great program for you today.
Leveraged ETFs have become a very important part of my portfolio and retirement plan. They provide cheap, accessible leverage for normal investors like me, and without them I would be unable to utilize leverage in my situation. I fully understand the risks and use them as part of a larger, unleveraged, diversified portfolio, and Im sure many others do the same.
Comments: I think providers of leverage and index funds are doing a fantastic job warning about the risks. Instead of handcuffing us with this ruling, perhaps make the training and certification more rigorous? Better idea, how about you stop Congress from being able to have unfair trading practices before you start interrupting the retail investor?
this regulation would limit my ability to invest as i want. the time and energy i put in to investing should not be cancelled because my net worth isnt high enough or i dont work in the finance industry. anyone who puts their money at risk in these funds needs to be accountable to themselves for those decisions. please dont try to put arbitrary restrictions on these products.
I oppose limitations to block or restrict my investing activities. All stocks have risk and if measures are sought to restrict a certain commodity then i say stop the whole global market trading as well. This is a gross overreach of FINRA to assume this is in the best interest of the investor. Tsla, amzn, nflz, fb, etc are significantly riskier than a leveraed etf based on the broad market.
I should be able to choose the public investments that are right for me and my family. 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 I can invest in public securities. I am capable of understanding my investments and their risks. I do not need
these measures imposed on me
We shouldn't have to go through any special process
like passing a test before we can invest in public securities,
like leveraged and inverse funds. We are capable of
understanding leveraged and inverse funds
and their risks. We do not need these measures
imposed on us.
Please note that leveraged and inverse funds help
protect our investments.
Being able to invest in an inverse bond fund has allowed me to mitigate risk that I would be unable to achieve on my own. Without the freedom to invest a small part of my portfolio in an inverse bond fund I would have suffered significant losses, and I lack the bandwidth to buy and sell options directly. The 1% overhead cost of the fund is well worth it.
Please don't restrict my ability to trade "complex productswhich could include the leveraged and inverse funds. My net worth is relatively low, but I am perfectly capable of reading pertinent documents and I fully understand what my risk are when trading. I have been trading leveraged and inverse funds for years and want to continue doing so.
Hello. Although I do believe that certain investments are not for everybody, restricting publicly traded investments is not the right path. Fidelity Investments has a Designated Investor Agreement to have on record that I understand the risks associated with more complex etfs and investments. I feel that is enough of a warning, but please do not restrict me from using these for my personal
