Comments: As someone with the CFA designation that uses triple leveraged funds for their personal investment strategy, I do not feel that this rule should be passed. In economic downturns line were are experiencing, the use of triple leverage funds can be extremely advantageous for investors that understand the risks associated with such investments and track their investment performance.
How can you possibly think that leveraged ETFs are more risky than options trading? Leveraged ETFs are easy to understand and can be understood just by reading the prospectus. Options on the other hand have various factors that need to be accounted for, the majority of which common investors do not understand. As it stands today, investors must already acknowledge the risk of leveraged etf
Good afternoon, Chairman Reed, Ranking Member Allard and distinguished Members of the Subcommittee. NASD is grateful for the invitation to testify regarding the regulatory consolidation of NASD and NYSE Member Regulation.
Comments:FINRA should restrain from limiting access to leveraged funds. These funds are suitable for any investor that understands how leverage can be effective in achieving a financial goal. Obviously these funds are more for short term trading so the trader should be vigilant. Long term inexperienced buy and hold investors are better served elsewhere. Any investor should have access to these
please don’t close or restrict leveraged ETFs. Those are for many years and people made money. If you saw a risk on those you should take action when market was hot during November 2021. Retail investors like me lost money on stock market. If you close or restrict trading thess probably I will not get back my money. I think this is a regulatory scam. Request your kind consideration to have those
Comments:I believe that between the investment risk disclosures from my broker (Schwab) and my full understanding of the necessary monitoring of my accounts on a regular basis relative to these riskier types of investment/trading instruments it should be left up to the individual investor as to whether they feel adequately educated to fully understand what these instruments entail. I don't
Comments: Limiting access to leveraged and inverse ETF's does not fit into the framework of "free and open markets". Most investors who use these ETF's have a sophisticated understanding of equity and fixed income investing and use these instruments as part of their comprehensive investment strategy. These types of ETF's are great tools for investors. Limiting access will
Yes i understand the risk of the fund, and i am happy to invest, it is very directly, the fund is using leveage, in a nut shell borrowing money to invest more, and is mananged to pay the cost of the loan and to also provide extra growth. It is a good system, and their needs to be more funds like this. In fact many Real Estate investments work on the same concept. Leverage, the 8th wonder of the
I Oppose restrictions to my right to invest. And I should have the right to invest in leveraged and inverse funds just like the big wall street firms, hedge funds, etc. I am fully capable of understanding the risks and do not need to be tested or have additional barriers placed in front of me to proof to a regulator that I know what is best for my portfolio. This is too much oversight and I don
I don't believe that regulators should prevent the public and individual investors from having access to investment opportunities that are made available only for the privileged or professional. You can never adequately prevent the risks that investment inevitably has connected with it. To attempt to do so only continues a policy of giving some, shall we say 'elite' investors the
