As long as they do not closing funds and still take money.
I not regulators 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 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 am capable
of understanding
I am writing to oppose increased restrictions on investing in leveraged and inverse funds. I believe that these publicly traded securities should be available to all participants and not just the privileged elite. Im perfectly capable of understanding the risks of investing in these funds and do so as a part of a diversified portfolio (ranging from defined benefit pension, target date funds, and
these regulations are extremely excessive. Investors in such products do not need you to assume that just because we invest via leveraged ETFs that we dont know what we are doing or understand the risks. In my opinion leveraged ETFs are one of the most effective ways to invest. I believe this so strongly i am teaching my children how to incorporate them into their portfolios as they are starting
Please do not take away my right to invest as I want
I was a financial advisor for 35 years (brokercheck.org).
The damage you have already done to the industry is the reason why so many individual investors have lost so much money during the current bear market and will lose so much more before it ends.
Your regulations have basically forced advisors to place clients into 60/40 plain vanilla portfolios that are being decimated by rising interest
The job of government is not to take away voters' rights to make their own financial decisions. Regulations like this always have unintended consequences. Let people win or lose based on their own risk and reward philosophies and willingness to do the homework.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I'm appalled to hear that regulators want to restrict access to these investment products. Why is it that all of a sudden they are considered with complexity and investor protection when they weren't before. Do they fear that there isn't enough liquidity in the market to support the potential valuation of these products as the stock market continues to be volatile and
I am a retail a user of leveraged ETF products. I do not support or want any additional government interference in my investing. Free markets means it's MY problem to understand what I invest in, NOT the governments problem to insert itself into in order to restrict my choices. Leave it as is.