We - not regulators - should be able to choose the public investments that are right for us and our families. Public investments should be available to all of the public, not just the privileged.
I/We shouldn't have to go through any special process like
passing a test before we can invest in public securities, including cryptocurrency funds such as BITO.
We are capable of understanding
To whom it may concern,
I am a lifelong investor that has been using leveraged ETF's for the past decade. I buy them on a monthly basis as part of a calculated strategy, including hedging. Without them, I would be unable to continue outperforming the market to the degree that I have the past 15 years. I am fully aware of the risks involved. Banning my ability to procure leveraged ETF
In the darkest financial times that we have faced since the Great Recession, FINRA proposes to limit our ability to save ourselves through smart, principled investing. Negative inverse ETFs are about to be a godsend. Yes, they are risky investments. What else is risky? The Federal Reserve setting monetary policy is risky. Our markets have booms and busts because of government interference in
I oppose the proposed additional regulations for investing in leveraged and/or inverse funds. I am fully capable of understanding the risks involved and currently use some of these investments to hedge my long positions during the recent and ongoing market downturn.
In fact, without such investment vehicles being available, my financial position would be much more deteriorated than it is
Hi. I understand your concerns. But I believe that using criteria such as tests or high net worth to determine who is eligible to trade securities that are deemed "complex", such as leveraged ETFs, is unnecessary and can actually do more harm than good to my long-term financial security.
I can assure you that I am an active trader and that I know what I'm doing. I am
To whom it may concern,
Please stop trying to tie the hands of lawful citizens trying to improve their lives by freely investing in the financial markets that have turn the United States into the greatest creator of wealth the world has ever seen. Your proposed regulations would harm working class Americans and raise costs for everyone all because you cant stand not having power over an area of
I use leveraged and inverse funds sometimes to hedge or balance positions or respond to geopolitical changes: it is difficult enough to profit in the market without more unnecessary regulatory hurdles I have not encountered any of these ETFs that were especially opaque, hard to understand, or misleading: these products' labels do not need to be any clearer than they already are, nor
Anyone capable of understanding what a stock or bond is, is more than capable of understanding 3x daily leverage on a product.
Leveraged ETFs are a valuable tool for responsible investors and are integral to mine and many others' financial planning.
More importantly, the fund websites already have lengthy disclosures regarding the risks of levered instruments. If someone is going to
Public investments should be available to all of the public, not just the privileged. I not regulators 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 can invest in public securities, including cryptocurrency funds such as BITO. I am capable of understanding cryptocurrency
Remember back when we used to say "it's a free country"? Remember back when our guiding mantra was personal responsibility? It's not too late to recover the essence of American freedom. That means LESS regulation, not more. Wealthy financial institutions may have convinced you that we plebs are too unsophisticated to make good decisions, but even if that was true, it wouldn
