To Whom it May Concern:
I am an active retail investor with a small portion of portfolio in leveraged and inverse funds.
During the recent market downturn, hedging against losses by investing in leveraged and inverse funds has helped me to beat the market over the past three months. Without access to these types of funds, my ability to respond to market forces would be substantially hampered.
I
During the 2007-2009 Financial Crisis, inverse funds saved my retirement. I also have occasionally used leveraged funds because of a 24-hr shortage of "settled" funds. I do not want or need the protection afforded by the proposed measures. The Fed has routinely created bubbles in various asset classes, incentivizing investors to use leveraged long funds as the bubble expands.
I use inverse funds to keep my savings from reducing because of inflation. In a time when stocks, bonds and cash are all loosing value, inverse funds are the easiest way to protect my savings. Put options are difficult to understand, and my brokerage will not let me short stocks directly.
If you want to discourage gambling tax trades and make casinos illegal.
Many legislators have misconceptions about leveraged and inverse funds and their risks. In reality, many individual investors use these funds to balance, hedge or protect their investments in their overall portfolios. Please take time to understand how these funds make sense for investors before restricting them.
I do not want any restriction for 3x index funds and I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
After taxes, the balance is MY money. It is MY decision what to do with it and NO ONE ELSEs.
I bear the risk. If you are going to impose rules on our investment choices, then you also need to cover our resultant losses. Are you planning to do that?
Hi, please consider my and other's opposition to restrictions on public investment. I request that investors themselves should continue to have the right to choose the investments they deem appropriate.
Leveraged funds are but one tool in my overall portfolio that allows me to hedge my investments and pursue enhanced returns.
I ask that you consider my views as you decide whether to
Hi my name is Bhailalbhai J Patel. I want to decide myself which investment is right for me.
We should be allowed to keep trading and this is outrageous that investors like us keeps getting the short end of the stick.
I - not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
I strongly reaffirm that you the
FINRA that my rights are being infringed upon. I have the right to share my views, And you the regulators are required to take my comments into
consideration in
