I understand the risk involved in leveraged funds. Public investments should be available to everyone. It is my portfolio and solely my responsibility to take such risks.
This is another rule that is supposed to be good for the retail investor but is awful for the retail investor. Like the $25,000 limit set to day trading, this is just another tactic to keep the average American unable to even get a chance to get out of the day to day drudgery of paycheck to paycheck. We need to pass a test to trade something we've been trading for years? Cryptocurrency funds
I oppose restrictions on my right to invest. We should able to choose our investment that is right for us.
The leveraged funds are excellent choices to diversify your investment portfolio. Don't limit them to the selected group of individuals. Otherwise, you are going to make the rich even richer.
I am comfortable trading x2 & x3 ETFs. Please continue that.
Public investments should be available to all of the public, not just the privileged. I am capable of understanding leveraged and inverse funds and thier risks.
I would like you people to explain to me why you think you and biden should have sole access too the high yield investments and leave us working people the low yield paper? Do you really believe exclusion can be legislated for your benefit only (the rich)? Take your Rule #22-08 and stick it as Johnny Paycheck use to say!
Inverse ETF's are important tools for me to reduce my tendency to churn my account. With my positions hedged by inverse trades I am OK with leaving good investments as they are, thus enabling me to collect dividends necessary for living expenses.
This appears to be a veiled attempt to disenfranchise retail investors to the benefit of institutional investing teams and financial managers. Even if that was not the intent, these proposed rules will have that effect. I object to being denied access to investment products others are allowed to access, regardless of the reason. If there are 'complex products' that are so