Rendering legislation that stop any experienced investor from employing leverage ETFs as a strategy is ludicrous and is really none of your business, with all due respect. Focus on areas of impact for the country, including but not limited to eradicating guns, improving public education, recognizing that there is such a thing as climate change and doing something about it, educating people about
As a regular investor I educate myself and use a wide variety of funds to invest in the public markets. Leveraged and Inverse funds provide tools which help me to complete on a more level playing field with professionals, hedge funds and bankers. I need all the help I can get playing against the big boys/girls and taking these fund types away will make it harder for me, the average investor. If
Dear FINRA,
I dont believe it is your right to give financial directions to retail investors. Inverse funds are part of my investment strategy. Just like larger institutions and high net worth individuals, I use these to hedge. It would not be considered a fair market practice if I am cut out from these investments due to my net worth or experience level. Again, FINRA or any regulators are in no
My account balance is under $10,000 and I have used the triple leveraged ETF's for over 3 years. The bid/ask spread on option prices expands during volatile market drops making it near impossible to buy/sell contracts. Meanwhile I'm still able to enter and exit trades in triple ETF's during these trying market periods. Do not take this investment opportunity from small
It is none of your business what I choose to invest in, and you are not some god-like incredibly talented people. You are just typical government employees trying and failing to appear smarter than the rest of us. We do NOT need you or your rules to "protect" us from investment risks.
We all understand the stock market has become a casino which the SEC refuses to properly
With over 40 years trading experience, inclusive of options, I utilize inverse ETFs as a means of insurance against unknown market events; typically limited to less than10% of total assets. These market tools are valid investments and like all tools in all disciples, when used correctly, enable individuals to complete tasks. Education NOT restriction should rule the day. We live in a free
Government has no place in our ability to invest as we see fit. Nor or they so smart that they should be in every matter of our lives. We the people govern ourselves. Learn our constitution and back off! We have had it with those who think they rule over us. Trump was for America. Yall just didnt want to be exposed so you did everything yall could to divert our attention. But let me tell you, we
I am totally against SEC Proposal Rule #S7-24-15. I do not need the Politicians of Washington to protect me from my own decisions on how to invest my hard earned money. I certainly understand the risks in investing in a variety of assets as well as the potential benefits. If you want to focus on areas that are important to me:
1. Hold Chinese businesses to the same standards of review as U.S
I do not support this rule change. Using leveraged etfs has been essential to many retail investors including myself. They have helped me hedge my portfolio in certain times and generate excess returns during other times. If you take leveraged etfs away it will cause retail investors such as myself to lose a lot of money, especially if you take these away while the market is far down from all
It's my money and I should be able to invest it how I desire! All investments are at risk! Other instruments do not require such ridiculous proposed mandates which limits a U.S. citizen's ability to invest. This is a travesty to have government dictate who can invest in which instruments based on knowledge, wealth, and permission from his/her financial advisor. Please vote against this