I absolutely oppose ALL of the proposed actions in this notice!!
STOP TRYING TO PROTECT INVESTORS BY PASSING RESTRICTIONS LIKE THIS. Most investors dont even know what leveraged/inverse ETFs are; those of us who do, are sophisticated enough to understand the risks involved and we dont need any more protection that limits the free market.
I use these investments to leverage some savings to insur retirement as I do not have a retirement fund.
They are an important part of diverse growth.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST! We - 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 public, not just the privileged.
Please do not restrict my ability to trade ETF's such as TQQQ, SQQQ, UPRO, SPXU. These leveraged funds are VERY IMPORTANT to me in my Fidelity 401k Brokeragelink account. I am an experienced investor, and believe that I should be free to continue using these valuable ETF funds in my trading strategy. Especially the inverse funds, which allow me to make money while the market averages
I'm an ordinary person and I routinely use leveraged and and inverse ETFs to take advantage of special situations at a minimum of risk.
TQQQ, for example, allowed me to gain exposure to the tech market during the COVID-19 bust with only a small fraction of the capital commitment that it would have otherwise taken. TBT enabled me to hedge against interest rate rises without having to
I strongly oppose this rule of banning the 3x leverage ETF. Its so unfair to take away our normal peoples limited resources away from us. The big institutes and the rich have all resources to do their investments. The stock market is the most important way for us to grow our assets and 3x ETFs are an very important component or it. I strongly oppose the ban of 3x ETF. Its not fair for us.
Hi,
As an investor, I own a few leveraged ETFs which are critical part of my overall asset portfolio. I strongly oppose any plan to restrict access to these ETFS by any means because investments in these leveraged ETFs are my rights and setting any restrictions may hurt my wealth. I fully understand the risk and rewards of the leveraged ETFs and hence make my own investment and trading decisions
I have years of experience as an institutional analyst/portfolio manager. The notion that I cannot invest my own funds as I please due to a gov't agency trying to protect me is absurd. If you want to protect investors, eliminate accounting fraud and the use of nongaap earnings in analyst reports.
To Whom it May Concern,
I have been an active investor for several years, and invest in 3x Leveraged ETFs (both long and inverse), and they have been a very important part of my strategy, although I am not a 'high net worth' investor. Without these, I'd have to have 3 times the capital to get the exposure I need in order to succeed.
I know these products are important
