I oppose regulations that would prevent me from buying ETFs like BITO. I believe such restrictions are not needed. i can make my own investment decisions and do not want or need the government to create regulations that would prevent me from buying BITO or similar financial instruments
Let us make our own decisions what to do with our money. Investors could do (and doing it) research and make educated investment choices without regulator looking over our shoulder. Financial firms already has number of disclosures for every type of the investments...
This is totally unfair and discriminatory against people with lower net worth and totally favors the well off and rich investment firms. Another far reaching restrictive proposal geared to keep the 1 percent in control of the financial system and its ability to generate wealth.
I am totally against this proposal.
I currently enjoy my right to choose my own financial investments. I don't want to go through a special process to invest in securities that I am fully capable of understanding. Please leave this alone and don't change anything or add any new rules for investment in these leveraged funds.
Please do not restrict my ability to buy funds I think will improve my financial status. Leveraged and inverse funds allow me to take advantage of anomalies in the market and make more money. Putting restrictions on these type of funds will hurt me while widening the wealth gap.
Anyone who follows the stock market knows that some days market indexes and stock prices move up, and other days they move down. This is called volatility. The more dramatic the swings, the higher the level of volatility—and potential risk.
Please make sure that you impose stringent requirements for qualified investors to purchase complex securities, lest the financial industry put the economy at risk by duping thousands of naive investors as it has in the past. Also, consider outlawing especially dubious investments with no social utility, like cryptocurrency.
We all need protection to some degree, but we need freedoms at the same time. A stronger proposal could guide the investments themselves to provide better details on the investment.
Please do not hurt, disparage, and/or insult the potential of the American people to make their own financial decisions.
Do not limit the availability of leveraged and inverse funds to retail investors with relatively small funding. The alternatives mostly seem to mostly include the use of much more complex financial instruments. Please leave this one alone. These etfs and etns allow an investor protection for other securities. Thanks
I am 65 years old, and for years I have used leveraged funds to secure my financial future. Among other things, they are a very effective hedge against drawdowns in the market. I am not wealthy, and losing the ability to use leveraged funds would adversely affect my retirement.
