Leave things be, please no changes.
Leveraged ETF is very important for my investing strategy. You cant deprive the investing right for retail investors!
I have been trading TQQQ and UPRO for over 9 years. It would be ridiculous to eliminate this ability or require additional proof of my abilities. My successful strategy has ensured I have made 100% of my trades for a gain. I have made many hundreds of trades in these funds over the years. Please do not change my access. I currently have nearly 30,000 shares of these funds and do not want to
FINRA,
It's come to my attention that you are considering restricting how individual investors such as myself can make investments in leveraged ETF's.
I am a long time investor and happy customer of Proshares QLD and TQQQ. I as well as many of my friends and family members have invested in these leveraged ETF's and are completely satisfied with their performance and
Your proposed regulations of inverse and leveraged funds are unnecessary. The prospectuses already give adequate warning of the risks involved in these investments. Your proposed regulation would prevent people like me from benefiting from the investment strategies offered by inverse and leveraged funds. The use of these types of funds also provide a way for IRAs to short markets. Without these
Please do not stop, block or create hurdles in my rights to be able to invest in Leveraged funds because it allows me and all investors equal access to hedge against down turns and minimize ir recoup losses faster and it also provides market transparency and liquidity and allows increased returns.
As an investor its my right to be able to participate & decide how, when and what to
I am writing to express my objections to the proposed regulations limiting access to leveraged/inverse ETFs/Funds. In particular the need to demonstrate a high net worth in order to purchase these assets is unnecessarily discriminatory and fails to take into account that someone without significant assets may still be able to employ a reasonable, successful and profitable strategy by using these
Me 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 have the sophistication to invest in this project and should be allowed to do so.
This is egregious that I should even have to comment on this and a hinderance on free markets and capitalism.
I understand that youd like to restrict my ability to invest in certain investment products, namely leveraged mutual funds. I invest in these risky products only with money that I could afford to lose. I invest more than enough in broadly diversified, low cost index funds to cover a comfortable retirement. The money I use to invest in atypically risky ways is above and beyond what I need to meet
I dont believe regulators should determine if I as an individual investor should be able to invest in inverse funds.
