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
I am against added restrictions to my ability to buy and sell complex products and options. As an adult, I am capable of understanding the risks involved and can judge for myself my desire for these types of products. It has never been easier to gather your own research as a retail investor than it is now, and I condemn further regulations that only attempt to fence off my ability to invest.
The
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
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
I oppose any restrictions on the right to make investments in leveraged and inverse ETFs. These investments are critical to my investment performance and successful trading strategy. I do not need to jump through a bunch of hoops to be granted "permission" to freely contract and do something that I have been successfully doing for many years.
These ETFs already have plenty of
Please do not restrict the rights of investors to invests in the securities of their choice.
As an investor, I use inverse and leveraged funds as a portion of my total investing activities to hedge risk against adverse market moves and to improve my overall investment returns. These securities are a financial tool for me and provide liquidity for broader markets in up and down markets.
My
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
It is undemocratic and unAmerican to limit investors right to invest in financially sound investments such as leveraged and inverse products. These are necessary to ensure a level playing field for individual investors seeking diverse assets and non-correlated strategies versus the institutional giants that now dominate finance. It is unfair for the government to take away our rights to invest
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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
