This is wrong and you will face your atonement will be justified.
I believe everyone should have the same privilege to choose their investment. There shouldn't be a special test for the public investors to gain right to invest in such investment like leveraged and inverse funds. I believe in the US economy and long term leveraged bet on US economy is the only way to gain the financial freedom. Please don't take this away from me.
I don't recall retail investors ever being bailed out by the Federal Reserve, Congress, or even their own brokerages. If the tools to counter extreme market forces are removed, I will have to find other arenas or venues in which to invest.
Don't do anything! This is freedom country
I strongly oppose any changes to regulation as it relates to leveraged products. They offer a funding mechanism for people who cant save. For an aggressive investor, they are much safer that concentrating assets in one stock, with similar volatility and results.
I firmly believe that investors should have the option of investing in any securities we choose. The onus of understanding market risks, how to invest, and what we invest in should be on the investor.
Public investments should be available to all investors, not just the privileged. I am capable to understanding the risks and making decisions on what is best for my portfolio. All financial decisions have risk, including doing nothing. There is sufficient information presently available in a variety of channels to educate the public of the risks which makes this legislation unnecessary and
I believe it would be a mistake to reduce access to these popular and useful short to medium term trading funds. There is more than enough information in the market web sites on how to use a x3 fund. Extreme risk lies only on a " black swan" event and these events pose similar risks to all investors. I believe that I have benefited from my use of x2 & x3 funds on the SP500. It
This idea of regulating trades is an overreach against private investors. Where does such power end?
I ask that you abandon this bad idea...thank you