I use and have used leveraged and inverse funds as part of my overall portfolio approach. They provide a valuable hedge at certain times and in certain investment environments. These should remain available to the investing public.
I oppose these possible restrictions on my right to invest in these funds. Furthermore, I'm curious why FINRA may impose these restrictions.
Please do not limit my ability to buy the Funds. I should have the freedom of choice to make the public investment I think is right for me and my family.
As an experienced investor who has successfully used leveraged and inverse ETF's in my portfolio for years, I feel they are a useful tool that helps me get the returns I need for a secure future. At times I use inverse ETF's to protect my other investments. At other times I use leverage when risks are low. I don't believe the concepts of leveraged or inverse ETF&#
Please do NOT limit my ability to invest how I see fit. If there is no test at the polls to check your net worth, knowledge of candidates, or issues, why would you limit investment opportunities? These are public investments and shouldn't be limited to any group.
Leveraged ETFs provide great value to me in certain times when I need to hedge or take risks with small parts of my portfolio. Without them, leveraging with daily reset would be a lot of manual work I need to do every day and there is a tax drag. Please dont ban them
The rights of investors must be protected. It is the responsibility of the investor to educate himself as to what is a proper trading vehicle for the investor personally vis a vis financially. The brokerage firm in which I trade has transparency and risk disclosure for such short-term active trading. Direxion Leveraged and Inverse ETF Education Center is very good tool to guide the investor to
This investment option is in important hedge during severe voltitally in the market
This proposal is an egregious regulatory overstep on the part of FINRA.
a) This is antithetical to American values of freedom and equality. Letting some access these products while presumptuously assuming that those without multi-millions don't have the knowledge or sophistication to use these products is incorrect and frankly and embarrassing stance for FINRA to take.
b) Complex and
Comments: I find the recent discussions about leveraged funds silly. It's been discussed in detail on various online forums how leveraged funds are good for short term trading, and are also fine for long term investment *provided* the investor is sufficiently informed about the rules. See, for example, the famous "hedgefundie adventure." Yes, there is volatility drag,
