I oppose the restriction of inverse and shorting stocks
Its my money my choice and I can choose To trade how I like, I understand the risks and are happy with them
Leveraged and inverse funds are important to my
investment strategies. They are far less risky than shorting individual stocks and are an important tool in my investment toolbox..
Everyone should be given a choice of what they invest in - stock , etf, option, leveraged etf, etc. No one is forced to invest in leverage etfs. I value it as an option.
I have been investing in the stock market for 50 years. Do not restrict me or tell me what I have to do re: leveraged and inverse funds.
I feel investors should have the right to purchase the proshares list of stocks and ETFs. It would be a hardship on investors to have their choices limited if this unfair law is passed.
SUGGESTED ROUTING
InstitutionalLegal & ComplianceOperationsSystemsTrading
On August 25, 1994, the NASD issued Special Notice to Members 94-68 (Special Notice) dealing with the NASD's recently approved short-sale rule (Rule). In that Special Notice, the NASD set forth a description of the Rule, provided answers to questions concerning the operation of the Rule, and included
I am deeply disturbed by the proposed regulation limiting access to leveraged and inverse ETFs (which are publicly-traded securities) to those with high net worth who pass a specialized regulatory exam and then jump through a series of administrative and timing-related hoops.
Leveraged and inverse ETFs are one of the few methods that the little guy has in order to protect his or her investments
I strongly oppose this proposed rule. Having managed my own investments for years, I am well aware of the dangers and potential benefits of leveraged and inverse funds. They have been an important part of my investment portfolio for years. I choose to manage my own risk subject to my own investing objectives, and deeply oppose the government regulators trying to manage them for me and others
I believe that inverse funds are necessary to effectively manage my portfolio. As an individual investor it can be very challenging to hedge against market volatility and large draw-downs in the market. Inside retirement accounts, I have very few tools to hedge my portfolio, shorting and options are generally not allowed. That leaves buying of inverse ETFs as one of the few options to provide
It is absolutely unfair that you would limit the ability of people to invest in an inverse fund or any stocks in general. This country was built on freedom. Dont restrict the people!
