I wish to continue to have the freedom and flexibility to invest my money as I see fit. Disclosures are already provided on the risks of levered investment products and our education system thankfully teaches every American how to read. If I were an accredited investor I wouldn't NEED to take above average risk for a potential above average return.
This would further increase inequality
Please reconsider reducing access to leveraged and inverse funds. Although volatile, they should remain available to small investors such as myself.
As a retiree and a widow, I have been able to make the best choices for a decent life in my years ahead. Those choices are critical to my health and my financial independence. I consult with knowledgeable advisors who have explained clearly to me the importance, for me, of public investments like leveraged and inverse funds. Please don't obstruct that part of my independence.
Please don't restrict me from making MY choices.
I use the leverage etfs to cover the 3 days I would need in some cases for funds available. In other words I use a method that follows the trend and goes long and short depending current conditions. So I use a double and double inverse at 50% of my total amount to get the same effect of go full size long and short. If it was not for these funds I would not be able to do this in my small account.
I have been trading Leveraged ETF's for several years and I know the risk. I have had stocks go to zero and ADR's disappear without notice. I feel that I have the right to trade what I want and it should not be regulated for certain individuals. Why is it OK for some and then not for others?
Please let me be the judge of what I want to trade
I do not believe regulators should take away the ability to invest my own money in inverse or leveraged funds. Every investor is given proper disclosures before they invest their own money and should take precautions where they see fit.
I probably would not need to hedge if our dear Government would stop printing money out of thin air, live within there budget and go back to a gold standard - if we have any left. An entity that makes 39 thousand a year spends 57 thousand a year is bankrupt. Clean up your own house first.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST!
I have the right to invest in different stock options. Way does it make it right for the wealth to be able to buy different stocks. When middle class person has just as much right as anyone else.
