To Whom It May Concern:
I want to express my concern against for the proposed regulation that would limit or eliminate my ability in invest the leveraged and inverse ETFs which I currently have in my portfolio that I personally manage. I have used these effectively for years to grow my wealth and therefore:
> I, not regulators, should be able to choose the public investments that are
To whom it may concern,
I oppose restrictions on my right as a US citizen to invest in PUBLIC investments as this SEC Proposed Rule #S7-24-15 is trying to do. As an investor, I should be able to choose the investments that are right for me & my family. Public investments are just that - investments that need to be available to ALL of the public, not just those who have large
Please reconsider making any changes to the current regulations
for 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 should not have to go through any special process,like passing a test before I can invest in public securities, leveraged and
Hello FINRA, I have been using leveraged ETF's in my portfolio using a strategy based on an algorithm that helps me decide when to buy and sell and I have been successful using this strategy. I have a firm belief that I, not the regulators should be able to choose the investments that are right for myself and my family. Public investments should be available to all of the public,
Dear Sir, Mdm,
I want to make a clear statement about my need to be able to trade LEVERAGED AND INVERSE FUNDS. I am now able to buy a house, and pay for the education of my two children, thanks to my trading of the last years.
I believe I not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the
IMO this is excessive overreach by regulators. There is very little about leveraged or inverse funds that is any more complicated than their ordinary counterparts or mutual funds. I would venture to estimate that fewer than 1% of mutual fund owners could name the top three holdings in any mutual fund they have. Most of these inverse funds are even simpler: they have basically ONE holding. How is
I used to day trade, buying and selling options and penny stocks. I specifically quit those risky behaviors because I saw a more stable opportunity in leveraged ETFs. It allows me to gain the most out of my investments, which I make with my hard-earned money.
I always thought that this country was built on the principle that *anyone* could work hard and live free. I'm a grown adult who
- I am just a regular investor, I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
- I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I invested in options years ago. I understand
1. Leverage to the extreme has gotten us into a lot of financial problems ... people, companies, cities, states, the country as a whole and the world. Mortgages with no money down (total leverage), 5X and 10X leverage bond products sold prior to the 2008 crash or 3X funds for stocks or commodities.
Often, when these investments break down, the issuers get off with a slap on the hand and the
Regulation, in almost every instance of its implementation has never been what it has been sold as. It is almost never to protect investors and almost always serve the self interest of those regulating it like a Trading platform removing a buy button from specific stocks.
There are thousands of sources of information for investors to research and understand these complex inverse ETFS. The only
