To whom it may concern,
I would like to continue to be able to exercise my rights as an investor with these financial instruments being available for purchase. I plan on purchasing more in the near future and oppose any obstacles that would prevent myself from doing so. I recommend that you allow me to purchase the securities as long as I live.
Comments:Please do not limit access to leveraged and inverse ETFs. These are great investment products which complement the portfolio. I think all that is necessary is a n advisory notice before trade execution for investors who lack in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions.
I have been engaged in the market for over 40 years. I utilize leveraged and inverse funds in a deliberative and judicious manner to balance my portfolio. I find it insulting that the proposed over-reaching regulations posted years after I have made my careful financial plans would severely penalize me in my retirement years.
Honestly this is unbelievable, I could write paragraphs for the person reading this but Ill make it simple. Demonstrate a high net worth along with the other regulations being set in to motion is one of if not the most absurd thing Ive heard. Just come out and say the government is planning to keep the rich rich, and the poor as poor as possible.
I have been doing my own research and buying/selling investments for over 35 years and do not need or want the government involved in what I do. I am not impression in much of what the governments does now so would not trust them to handle my affairs and plan to continue to do my own investing in the future.
Individual investors are at a massive disadvantage compared to institutions. Do not impose additional restrictions that hurt the everyday citizen. Restrict congress' ability to trade, not mine.
I will vote against any candidate that supports these restrictions. This is my number 1 issue. I plan on living on my investments someday and your actions are impacting my ability to do so.
Do not restrict my ability to buy Proshare products.
These products have allowed me to retire earlier than planned because of Proshare product performance.
The ability to trade at anytime combined with single company potential returns without the single company risk are huge investment advantages that cannot be found with any other product.
A democratic government should not second-guess the competency or plans of private citizens in their financial strategy. Are we going to be told how to dress and what we can eat next? Money is involved - people know they need to be careful. Any restriction will be government overreaching. We are not a totalitarian state - what other rights have become "negotiable"?
I have done my own research and am aware of the risks and benefits associated with leveraged ETFs. I currently own such investments so that I can leverage the midcap class and I plan on buying more on my own accord in the future. I will be less inclined to engage in these strategies if I am limited by a regulator with regards to which funds I can purchase.
To whom it may Concern,
I received this alarming message about investing in a complex security that if Finra passed, it would limit our ability to buy more shares. It is very unfair if you committed to a position understanding the rules initially and planned out your strategy for the whole year, and in the middle of the battle, the rules change. This is very unfair.