NO regulator should choose the public investment that are right for me. There should not be any special process to go through to trade leverage and inverse funds if i want to trade them. Leverage and inverse funds are a big part of my trading. I some time use it as a hedge fund. I understand all risk and trade responsable. I don't need a regulator to tell me how to trade them. Since i
Sirs, I have been made aware of some potential changes in how I might trade equities. I am a retired physician, with no formal training in finance. However, I have trained myself rigorously in order to successfully trade securities and maintain and grow my investments. I rely on many leveraged and inverse funds to hedge my long term investments and manage risk, to acquire income for cost of
More regulations no sirs. There are to many now that limit the small investors like me that contribute to the benefit of our economy and others retirements. With out this type of strategy available I will be pushed out of your system and take my money elsewhere . I am putting up with your current rules because I still feel I can get ahead with out risking it all. I feel the majority of people in
My husband and I have been investing in the market for 22 years without a personal broker. I feel public investments should be available to all of the public,
I invest in stocks and options and I hedge my funds with Leveraged/Inverse Products, including ETF (Proshares Long and Short). I write covered calls on my stocks and ETFS to protect my accounts from the downside in the market and rely on
Do you remember the tax act of 1986, it took back what was granted to investors in the 1981 tax act and slammed the entire economy into reverse for about five years. This is the same kind of action.
I would not use inverse ETFs, or short market.
I keep the exposure as s small portion of an overall portfolio, and have a large cash balance. So, using these, I can keep cash % larger.
Biggest single
It is alarming that FINRA wants to prevent me and my family from making money using leveraged ETFs during this current market cycle. I am able to use these funds such as SQQQ to hedge my portfolio during the current volatility. This has prevented my account from being negative for the year. I have also used some of the commodity funds to take advantage of the rise in oil prices. I am not a
It has come to my intention that FINRA is considering taking measures to prohibit or regulate self-investors & traders from buying and selling leveraged and inverse funds. I 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 have spent 100s of hours building my
Please know I have been managing our (married) investments for approximately 15 years. This was after I fired our broker as their investment strategy did not produce the returns expected and the fees were excessive. Since taking control of our investments we are on track to retire in very good shape. This would not have been possible relying / paying others to manage our accounts.
The amount of
Leveraged and inverse funds are important to my investment strategy. As someone who cannot invest a large portion of my income, these funds give me the leverage I need to maintain an appropriate growth rate to be able to retire in the future. I have been investing in these types of funds for years and am well associated with the risks. I did dozens of hours of research before I ever invested a
I am strongly opposed to any legislation that restricts or prohibits my free decision making ability to make investments as I see fit.
I'm an experienced investor and I both enjoy and am good at market research.
I can/do make decisions on my retirement investments on a weekly basis.
Anyone that is uncomfortable making investment decisions should consult a professional and common sense