As an informed and educated professional, I should have the right to invest in whatever funds I please. Leveraged ETFS in particular do not pose a risk to my personal financial freedom or wealth. As someone who has read the prospectus of UPRO, TQQQ and TMF, I feel that it is my right as an American to express myself freely supporting these leveraged funds. I know the risks that come with these
Regulators - Please do not restrict the ability for the average investor, like myself, to invest in "complex" products. "Complex" products is subjective to everyone and would be disadvantageous to the average investor. I would rather make the decision myself and learn from my mistakes than having regulators dictate what is best for me. For example, anyone of
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 public, not just the privileged. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding
Any changes to existing regulations may result in the closure of some of these leveraged funds which could result in major realized losses with no easy way of reestablishing the position. Additionally any impact to ETPs would likely result in investors having to resort to margin which is vastly more risky (due to margin calls and high interest rates). I strongly oppose any additional regulations
I personally would like the ability to invest in whatever legal options are available, regardless of my skill level or net worth.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
I not regulators should be able to choose the public investments that are right for me and your family. Public investments should be available to all of the public, not just the privileged.
Leveraged and inverse funds are important to my investment strategies in many ways, including helping me protect (hedge) my investments, or seek enhanced
Dear Sir/Madam
I find the leveraged ETFs very useful in my trading as part of my portfolio. Please do not restrict access to this useful tool.
Leveraged and inverse ETFs offer regular investors a safe way to invest in a wider variety of securities, achieve higher returns and meet financial goals faster. Without these instruments, achieving these returns would require investors to take risky short positions or margin trade, which are much riskier than being able to invest in these funds. My brokerage already has adequate warnings about
I oppose restrictions to my right to invest in public investments when I am aware of the risks.
If you limit access to leveraged and inverse securities you should do the same for ARK etfs. They are treacherous. Many common stocks represent more risk the the leveraged etfs. I realize that the etfs don't track exactly at 2X or 3X but they are close enough. Look at a long term chart of SSO or UPRO. They are far more predictable than most common stocks or ETFs. The "Big Boys"
