I buy and sell leveraged ETF TQQQ frequently. I understand the risk in investment and use it as an important strategy to my investment goal. Right now I have a lot unrealized loss on TQQQ. If I am restricted from trading this leveraged ETF, then I will never recover my loss. Therefore, I strongly oppose any restrictions on my right to trade it. It is my investment and I should be able to
I am over 60 years old with more than 15 years investment experience in E-Trade. I should be able to choose the public investments that are right for my family and myself.
I have around $600,000 in my E-Trade account, and I understand leveraged and inverse funds and their risks. These leverage and inverse funds are only count for very small portion of my overall investment, and they help me to
I not regulators should be able to choose the public investments that are right for me and my 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 very capable of understanding leveraged and
I own dozens of leveraged closed end funds and do not want access to these types of funds hindered in any way. I am fully capable of understanding the risks involved in investing in these types of funds and do not need any legislation to protect me from investing in these funds which are an important part of my investment portfolio. I have owned leveraged funds for years. I would suggest you
I do not think that the use of leveraged and inverse funds need to be regulated. Any investor who would choose these types of funds has a specific purpose in mind, either of limiting risk without having to sell off positions, or of potentially increasing dividends--for example, in retirement. These investments are not that difficult to understand and can play an important part in a moderately
Educated investors such as myself should NOT be restricted from purchasing inverse and/or leveraged investment products such as ETF's with this investment objective available through Proshares and other fund managers.
The funds objectives and risks are CLEARLY stated in the prospectus for any investor to inspect for themselves and perform their own due diligence.
These types of
Please do not meddle with my rights to invest.
I must be able to decide when, which, and how I invest my money. I do not have to have any regulators or individual or governmental agencies to tell e how to invest. I have a fair understnding of the markets, risks, and benefits of investing. I must be able to make my own investments and portfolio balancing by using leveraged and inverse funds. As an
I oppose restrictions to my right to invest. I should be able to choose the public investments that are right for me and my family. I shouldn't have to go through any special process like passing a test before I invest in a public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me
To whom it may concern,
I strongly oppose restrictions on my ability to purchase leveraged and inverse funds.
Ive been a frugal investor for decades, and have used these funds as part of my overall risk balancing strategy. Any changes or restrictions will adversely affect me and require significant effort to overcome at this point in my life.
Please do not pass these restrictions and impose undue
Please do now impose on our/my ability to use leverged and/or inverse funds. These play important role in my investment strategies and some of us are unable to trade futures, so they are the only entity we have to trade in a leveraged fashion. I understand the risk involved and a believe that most that do trade inverse and leveraged funds also have that understanding. I'm sure some don
