Hello,
I use leveraged ETFs as a limited part of my portfolio to seek enhanced returns. Its a very helpful way for me as a small investor to get some leverage otherwise not easily available to me. I understand that investing is inherently risky, and that it is my personal responsibility to understand the risks and rewards of any investment. I fully take this responsibility on myself, and do not
To: FINRA
From: Timothy J Mortimer, Ann Arbor, MI
Regulators should not be able to choose the public investments in which I may invest. Publicly-traded investments should be available to all of the public.
I should not have to go through any special process[es] before I can invest in public securities like leveraged and inverse funds. I am fully capable of understanding leveraged and inverse
Please don't limit our ability to choose what we would like to invest in, whether it's an inverse fund or exponential or both. I shouldn't have to go through a special process or test. I get warning already when I purchase or sell leveraged ETFs so I'm quite aware of the risks associated with the investment strategies. Thanks.
I don't need the federal government telling me how I will invest the money that I make. I use levered and inverse funds to protect against taking all of a potential loss and maximize my gains.
It is not up to the government to babysit us as investors. Please keep your hands off of our money.
Thank you,
It should be my decision if I want to trade in any public investments not the regulators, nor that I have to go through a special test. These investment should be for everyone not only for the privilege.
Quit trying to [REDACTED] bubble wrap citizens and leave decisions to the individual. We are free
DON'T DO THIS As a small investor for over 20 years who has made many mistakes. I know that the individual should be responsible for their own destiny. one needs to make mistakes to succeed. It is not the governments responsibility to protect everyone.
I love investing with leveraged funds. That must not be taken away from me.
Please let the investors make their own decisions in witch investment products they want to invest. More regulation will only lead to higher fees and limited choices. Thank you.
