I oppose any restrictions on choosing the investments that are best for my family. Regulations like this will handcuff small investors and hand an advantage to larger investors. That is not a recipe for a free or fair market.
I would not like anyone telling me what I can and can't do with my money and investments. I am more than capable of understanding risk for all my investments, including leveraged and inverse funds. I currently use leveraged and inverse funds to enhance my returns and protect my portfolio. Leveraged and inverse funds ARE NOT strategies the public needs to be protected by regulators.
I oppose restrictions to my right to invest as a retail
Ive been using leveraged funds e.g., UPRO for 14 years. Its a critical part of my trading strategy. I fully understand the risks, and in many ways, its less risky than borrowing money (i.e., margin account) to implement my trading strategy. My demonstrated success in using these funds as part of my trading strategy is testament to the fact that traders can learn through reading and experimenting
The leveraged and inverse funds give the non-professional traders the opportunity to cushion our investments by trading when the market is both rising and falling.
Please know I have been managing our (married) investments for approximately 15 years. This was after I fired our broker as their investment strategy did not produce the returns expected and the fees were excessive. Since taking control of our investments we are on track to retire in very good shape. This would not have been possible relying / paying others to manage our accounts.
The amount of
From my understanding, public investments should be available to all of the public, not just the privileged. This is my right to choose and invest all types of public investments as I want to, not being forced to invest on the selected section of the market.
I shouldnt have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse
Leveraged and inverse funds are important to your investment strategies.
I am the portfolio manager for a $280 million dollar RIA. But I am also an individual investor who is growing increasingly concerned about the regulatory creep which aims to impose additional restrictions on retail investors. There has been a long history of gatekeeping investments in the US, where only the very wealthy have had access to the full range of investment options. I have been pleased
There is no logical reason to change retail investor's ability to purchase any ETF as long as it is paid for in full and not on margin.
