From my understanding, public investments should be available to all of the public, not just the privileged. This is my right to choose and invest all types of public investments as I want to, not being forced to invest on the selected section of the market.
I shouldnt have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse
I believe it would not be right to limit the use of inverse and leveraged funds only to specialized brokers or limit them to certain sectors. As a public investor I use leveraged and inverse funds on a daily basis as a way to seek enhanced returns. I am fully aware of the risk of these funds, going so far as to download 30+ years of historical market data and running my trading strategy against
While agree with the spirit of this proposed rule, in that investors who are at risk of being taken advantage of must be protected. I am concerned that the implementation and interpretation of this rule may negatively impact retail investors who are investing for themselves away from retirement accounts. I personally know many individuals who opened a Robinhood account during the pandemic and
To whom it may concern,
Please do not limit my investment options. I understand the risks involved with purchasing a leveraged fund. I understand the goals of such funds are to track the return of some underlying asset at a specific multiple. Furthermore, I understand the depreciation of such funds that occurs during periods of market volatility. I am thankful that these types of funds exist
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. I, not regulators, should get to choose the public investments that are right for my investment strategies. Public investments should be available to all, not the select privileged. I oppose requirements of regulator-imposed tests, sharing private financial information, obtaining special permission, and any and all other restrictions on leveraged/
Please do NOT regulate "complex products". I am a junior enlisted soldier whose income is comparable to the average minimum wage worker. I do not have a bachelor's degree let alone the knowledge of a niche finance professional. HOWEVER, it is my responsibility to understand what I am choosing to invest my earnings on. I, and other retail investors understand the risks of investment
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Comments: I would like to voice my opinion about leveraged & inverse products. I believe inverse products provide an inexpensive opportunity for individuals and advisors to hedge / short positions. Other options such as Puts are far more complex and expensive. As for leveraged ETF's, my simple thought is there is no need for these products whatsoever, with the key word being need.
I'm a former registered investment advisor and was on the board of the National Futures Association as a CTA representative on the self regulatory body for the futures industry. I also served as an arbitrator on cases where clients were suing their futures brokers. In my experience over 45 years of trading, investors in the US have been handicapped in providing themselves strategies and
I very much disagree with the idea that an unelected bureaucracy, however laudable its motives might be, should be telling ME what publicly traded investment I can buy, is outrageous, and totalitarian. One can clearly see that ordinary people are often better able to see value than are so-called experts. And if an ordinary person , like me, screws up based on faulty logic, so be it. On the other
