Dear Sirs and Madams: I feel that I have the right to invest in any investment that fits my financial requirements without having to 'pass a test'. These proposed regulations treat US citizens as children! I do not need 'help' from Federal Regulators to manage my money. Leveraged and inverse funds are an important and critical part of my investment strategy. When markets are
I oppose restrictions on my right to invest in public investments
Please allow a free market to function. Dont limit investing to just the wealthy. All must be able to make mistakes to learn and grow. Dont try to protect us from ourselves. Please protect us from those trying to infringe upon my rights to use my money how I want to.
There are many ways to design a portfolio as one tries to balance growth and risk. One method is to create a low volatility portfolio and use leverage to achieve the desired growth rate. There are many ways to achieve leverage in a portfolio such as margin, options, and futures. Leveraged ETF's provide another mechanism to leverage a portfolio that is much simpler and potentially cheaper
RE: SEC Proposed Rule #S7-24-15, I believe that the proposed rule is radical, unworkable, and harms investors. Use of the term complex is vague and confusing leaving open the possibility of all sorts of unintended interpretations. It is an investors right to freely access the entire public investment market without unnecessary restrictions.
After 50 years of investing including the use of leveraged and inverse funds; I believe I have the right as well as the responsibility to control my own investments. I do not need or want measures inacted that would only impair my investing. I use inverse funds to stabilize my portfolio and to offset some of my long position. I started trading these funds when I was young. That's how I
leverage and inverse funds are important to my investments strategy. Please, reconsider the decision.
I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
I am capable of managing my own trades and should be able to make a choice about leveraged trades. These restrictions are unnecessary and I oppose them.
Leveraged funds are excellent vehicles to maximize returns on invested capital, it is my money.FINRA should focus on selling orders of brokers customers to the frontrunners , market makers , scalpers & fast traders firms. I do not feel I need any special process of passing a qualifying test to be able to invest in these instruments, some Option strategies are even a lot riskier than these
