As a research-active Associate Professor of Finance with several publications on ETFs, this is an absolute travesty. There is no substantial evidence in the reduced public welfare due to access to the leveraged vehicles given sufficient and pervasive disclosure of their risks. This is an example of a regulatory overreach harming retail investors and benefitting entrenched industry interests and
Myself, not regulators should be able to choose the public
investments that are right for me. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.
I have been trading leveraged funds for almost a decade, and rely on this actively for income. I use inverse funds to hedge and mitigate risk.
These leveraged investments are a very important tool in my investment handbag. I use such investments very infrequently, when I feel it is appropriate. I know the risks, and only invest with leverage when it is appropriate. In my opinion, it is a much preferred tool than margin buying. Please do not prevent me from using these investments. I do not need FINRA's help in this matter. Thank
I think it makes trading not fair and leveled for all people, if you limit trading leveraged etf, for having a certain amount of money and needing cooling time,
Warnings that we accept should be enough for ppl to know the risks.
And most ppl learn stocks from their own unofficial sources and making official curriculum, will make it hard for people with other jobs to invest in stocks
I oppose restrictions to my right to invest!!!
I have a right to make my own decisions on how I want to invest my money.
You 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. Explain that you are
capable of understanding leveraged and inverse funds
and their risks.
The ability to use leveraged funds allows investors to reduce risk and achieve decent growth results. If I use 33% of my portfolio to purchase a 3X fund and leave the rest in CD's or an interest bearing account, total money grows at 1X the market and provides a safety net to 67% of the rest of the portfolio if the market tanks. It is for this reason I support the use of leveraged funds to
To whom it may concern,
I completely understand the risks of leveraged instruments that I use for investing. I do not want regulators to impose restrictions limiting my ability to trade these investments. I have been trading for over 20 years. Restrictions like these would only reduce my ability to protect my portfolio during certain times of uncertainty, as well enhance my positions.
Good evening regulators,
As an individual investor, I have thoroughly researched the risks associated with leveraged funds. Currently, these funds comprise a percentage of my portfolio in which I would be comfortable losing. By removing our access to such funds, you are limiting our ability to hedge our accounts. I would greatly appreciate it if you reconsidered the ramifications of restricting
Leveraged and inverse funds are important part of my investment strategies. I believe in long term dividend holdings and use leverage and inverse funds to help protect portions of my investments. I shouldn't have to go through any specialized processes like taking a test or proving my investment knowledge.
I am capable of understanding leveraged and inverse funds along with there risks.
Leveraged and inverse funds are important part of my investment strategies. I believe in long term dividend holdings and use leverage and inverse funds to help protect portions of my investments. I shouldn't have to go through any specialized processes like taking a test or proving my investment knowledge.
I am capable of understanding leveraged and inverse funds along with there risks.