Leveraged funds are diversified to begin with offsetting risk. If folks want to lever them 2x or 3x that's still far less risky than buying an individual stock. Given other issues in the markets it's baffling regulators are focus on funds and not out of the money options or crypto as real issues that can affect investors who aren't as experiences. As a former
To Whom May be Concerned, I am an educated investor and should not have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse ETFs. Not only I am capable of understanding leveraged and inverse funds and their risks, I truly believe it's my choice and rights to invest on stocks or funds the way I want. That said, the
If you limit access to leveraged and inverse securities you should do the same for ARK etfs. They are treacherous. Many common stocks represent more risk the the leveraged etfs. I realize that the etfs don't track exactly at 2X or 3X but they are close enough. Look at a long term chart of SSO or UPRO. They are far more predictable than most common stocks or ETFs. The "Big Boys"
I have been investing in leveraged ETFs for at least 30 years.
It is very unfair to see my TQQQ s dropping from almost $90 to the current level of $36, I kept adding to my investment as the price dropped and now that I have the opportunity to buy cheaper regulators want to prevent me from investing to add to my devalued position. I know exactly what Im doing, it is on my own risk and the US is a
It is dangerous and irresponsible to even threaten removing leveraged ETFs from investors in the middle of a market correction. LETFs provide less risk than short term options trades and meme stocks, and can be fundamental to a balanced portfolio that outperforms the market. If such ridiculous action were to take place, Id hope it would occur during a period in which the market is at all time
I am not happy about the proposed regulations to limit my ability to invest in so-called risky investments. You have no right to tell me what I can or cannot invest in. I know investments are risky, I don't need regulators to tell me that. This is a free country and only I have a the right to decide what is best for me. In America taking risks is the way to get to independent wealth, don
Dear members of FINRA,
Although I do believe it's prudent to have educated public investors who want to partake in investments that are more complex than single stocks, it is extremely unfair to deny public investors, and only allow individuals who demonstrate a high net worth, access to more complex products that can be used to hedge one's investment risks in today's
Dear Sirs, for several years I have been investing in the market and I am well aware of the risks and rewards of the available assets and tools to negotiate them. I am a retired small trader with accounts at three different brokers, therefore I wrote three of these comments, one for each platform. I am an educated person and feel comfortable and aware of my investment proficiency, Please, do not
I am opposed to regulations limiting investors ability to trade and invest in leveraged and inverse funds. Most brokerage firms already have safe guards in place to protect uneducated and unsophisticated investors, such as income and investment limits, and warning labels. Seriously - you have just as much risk in investing in Bitcoin - or AMC !! Or trading on margin !! These leveraged funds
Dear Sir/Madam:
Leveraged and inverse funds are a vital part of helping me to hedge my portfolio and avoiding constant trading. I use these tools to short the S&P 500 or other indexes when they have become frothy (in my view). These products reduce the volatility and allow me to stay in core positions longer. I use them as short-term hedges and the risks of staying in them too long
