This idea of regulation is only to block the average citizen from becoming financially secure. For whatever reason our so called democratic government is striving to keep the common citizen from attaining wealth. This is a classic case of creating a Cass system. Shame on our government for trying to keep the majority poor, when there is more than enough to go around. In keep the majority poor the
Closed end funds are not so sophisticated an investment that it would require further regulation.
I believe I should be able to invest in what I choose
My personal investment strategy incorporates leveraged ETFs to better and more effectively hedge and grow capital in my personal accounts. These products are more cost effective and liquid than using otc & listed options or other margin-like products and facilities. Do not ban or limit their use by individual investors!
Dear sirs:
Please do not increase restrictions upon investors unnecessarily.
Please don't implement new regulations that attempt to protect stupid people from themselves. Leveraged and inverse products have been incredibly useful to me to hit my investment goals.
I believe that leveraged ETFs have their place. They allow a smaller dollar amount of capital to be at risk for roughly the same potential returns. They certainly are not for everybody and one should be made very aware of the risks, tracking errors, and internal costs. It should be stressed to the public about the pros and the cons of their usage and the importance of position sizing if
I oppose restrictions on my right to invest my money in the manner that I see fit, including use of leveraged funds. These funds should not be restricted to just the priveleged or wealthy, but should be made available to anyone who desires to make the same type of public investment. I do not need or want special measures imposed on me to restrict my ability to make these investments with my own
I just find it funny that youre now oh so concerned with our knowledge and ability to use leveraged ETFs now that the market is falling to crap. You just dont want the everyday Joe making money on the way down like the big boys do. Inexperienced traders lose money everyday on all kinds of stocks and all you fat cats profit from it but now you care about us not losing our money. I call [REDACTED