I am writing as a self managed investor in several of the Proshares leveraged funds. I have invested in these funds for more than 3 years. I visit the Proshares website, read the prospectuses and past fund performance, the degree of leverage being offered and the risks involved. The information provided is comprehensive. I am hereby advocating to keep investments in Proshares leveraged funds
I should be able to choose the public investments that are right, including leverage and inverse funds. 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.
Leveraged and inverse funds are important to my investment strategies
I should not be limited by any regulations in competing on a level playing field with the big guys.
OPPOSE REGULATIONS!
OUR GOD GIVEN RIGHT TO INVEST FOR MY FAMILY AT MY DISCRETION AND NOT BE REGULATED WITH WHOM NOR HOW! NO EXCEPTIONS!
I oppose the regulation to disallow trading in leveraged and inverse funds in a brokerage account. I do not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand the risk associated with those investments and I willing to take those risks.
I have done my own research and am aware of the risks and benefits associated with leveraged ETFs. I currently own such investments so that I can leverage the midcap class and I plan on buying more on my own accord in the future. I will be less inclined to engage in these strategies if I am limited by a regulator with regards to which funds I can purchase.
Cryptocurrencies are as important to the economy as the stock market. Anyone who can have a stock portfolio should be able to buy cryptocurrencies.
These types of funds actually reduce risk for retail investors who wish to short the market. Conventional short-selling's losses are theoretically infinite while trading inverse funds ensures you only lose a fixed amount of capital.
PLEASE DO NOT LIMIT MY ABILITY TO INVEST IN VEHICLES THAT I FULLY UNDERSTAND WITHOUT HAVING TO GO THROUGH SOME CUMBERSOME PROCEDURE THAT COULD PREVENT ME FROM ACTING IN A TIMELY MANNER TO TAKE ADVANTAGE OF CURRENT MARKET CONDITIONS. WITH INVESTMENTS, IMMEDIACY IS CRUCIAL TO PROFITING IN A TRANSACTION.
FINRA's entire concept of restrictions for leveraged and inverse funds and dozens of other popular investments deemed to be complex is totally un-American and smacks of nannyism at its worse.
No one is forced to make any of these investments and some people are more risk averse than others. Investors should know their own limits.
Sports betting or casino gambling have risks too, but no
