I, like many others, am fully capable of understanding market risks and specific investment risks of leveraged and inverse funds. I am capable of doing research, understanding risks, and making a decision on whether to invest. The decision should not be taken away from me or anyone else. If people are allowed to freely buy lottery tickets then so should anyone be allowed to invest in any
Dear FINRA officers: I am a small individual stock/ETF investor, and I would like to share my opinion with you about the opportunities to trade ETFs, including those leverage and inverse funds such as my favorites: TQQQ and SQQQ, etc. Both of my funds and experiences are limited, but I still benefited from trading ETFs in the market. I understand the risks it may involve in trading, and I don
The "big guys" have enough power and tools already to influence the actions of the stock market and I believe in many cases individual stocks. It's important that individual investors have the ability to invest, or trade, leveraged investments and inverse funds to achieve their portfolio objectives. These vehicles allow specific sector investing, regardless of the
My name is ShiouChin To. I am writing to oppose limitations on my investments. I am a knowledgeable investor who actively manage my investment portfolio prudently. I assess risk carefully and do the investment based on my risk tolerance. I should have the freedom to choose the public investments that are right for me and my family in order to achieve long-term financial security. Leveraged and
My name is YuMing To. I am writing to oppose limitations on my investments. I am a knowledgeable investor who actively manage my investment portfolio prudently. I assess risk carefully and do the investment based on my risk tolerance. I should have the freedom to choose the public investments that are right for me and my family in order to achieve long-term financial security. Leveraged and
Comments: I've been using leveraged ETFs for many years and am well aware of the added risk. My experience is that the risk of the leveraged vehicle is not much different than investing in individual stocks. It is easy find examples of stocks that are far more volatile than the leveraged product. For example, a two year chart of ROKU with TECL would show that the leveraged ETF was a much
While I am not 100% opposed to new regulation on these complex products, I do want to caution that this could cause unintended consequences. For example, if I could not access leverage through options or through leveraged ETP's, both of my brokers currently charge me 8% or more on margin interest.
How does this help me to pay over 7% more than the Fed Funds rate? It helps and protects
I use the inverse funds to lower the risk in my long stock investments. I am retired and don't take much risk, so I need the inverse funds to lower the risk.
Comment Period Expires May 31, 1999
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As an informed and educated professional, I should have the right to invest in whatever funds I please. Leveraged ETFS in particular do not pose a risk to my personal financial freedom or wealth. As someone who has read the prospectus of UPRO, TQQQ and TMF, I feel that it is my right as an American to express myself freely supporting these leveraged funds. I know the risks that come with these