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
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
I 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 shouldn't have to go through any special process like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am capable and am sure many others are as well, of understanding
I believe individuals should be free to invest their money freely, without undo regulation. I'm fine with my brokerage having me acknowledge that I understand I'm taking on some additional risk with leveraged and inverse funds. Beyond that, I should be free to invest in these publicly traded funds. For me, this is keeping me away from Options trading and associated
I strongly oppose restrictions on my right to invest in public investments.
I am thoroughly capable of understanding leveraged and inverse funds and their risks. I've been in the market for more than 15 years and have accrued a winning portfolio. Leveraged and inverse funds are EXTREMELY important to my investment strategies. I need to be able to choose the public investments that
Leveraged products used in an appropriate way within a investing framework have been a boon to investors like me.
The option to choose investments should not be available just to the privileged "accredited investors". I fully understand the risks associated with these products and choose to invest in them. These products/ funds are an important albeit small part of my portfolio
I oppose restrictions on my rights to invest in public investments. As an investor, not regulators, I should be able to choose the public investments that are right for me. It is important to use the right strategy to protect my capitals and hedge. In addition, I assess and evaluate the risks of my investment choices, and I understand fully. So that I do not need these measures imposed on me. So