It is my belief that it is my right as an American to choose the public investments that are right for me. I should not have to go through a special process to invest in leveraged or inverse funds. I am an adult and capable of deciding what risks are appropriate for me. I do not need to pass a test to prove to a third party that I can do this, instead I ask: what makes regulators think they
I find it VERY intrusive and limiting to deny individuals with small capital the opportunity to invest in leveraged funds. These funds are professionally managed, providing defined risks to the investor, and should be viewed no differently than a mutual fund with risk and reward based upon a fixed investment strategy that actually limits risk to the investor while providing access to securities
As a 'retail investor' I support these measures. I have investments with professional financial advisors/brokers as well as my own self guided investments. I can honestly say if I were to get into complex products such as options, leveraged funds, etc I would not understand the true risks I was taking. I trust my financial advisor/broker to understand and manage these risks, so I would
Request for Exemption from the Provisions of NASD Conduct Rule 2710
I totally disagree with the proposal to regulate leveraged and inverse ETF's. They should be available to everyone, not just high net worth individuals. I understand the risks and use them strategically as a small fraction of my overall portfolio. I do not need anyone telling me what to do, or having to prove myself capable. I also totally disagree with the current regulations that restrict
Hi SEC, I am a regular investor, investing myself for my money growth to help my family. The 2x and 3x leveraged ETF's give me a brilliant way to carefully craft my strategies for investment needs. I use it very carefully with proper hedging and fully aware of the risks of the downside. It would be pain to see these products go-away from the marked for individual investors like me who is
Hi, I'm writing with concern that my ability to hedge my portfolio volatility via inverse ETFs is under consideration of being limited or taken away. My only comment is that the ability to hedge downside risk via inverse ETF is one of the few ways other than outright selling to cash that I have to reduce risk in certain environments. In a rising rate environment in particular bonds are
Wait!!! Youll let hedge funds and other large investors take risks- that is basically bet against the market but you want to restrict that to investors who dont have the money clout but have the smarts. What a scam. Protect the wealthy tax ball out folks but dont protect the investors trying to fund retirement and college funding. Yes its risky, but without taking risk we are then stuck with
Why should an investor use Leveraged Funds? 1) Better Outcomes: Yale professors did a study on the use of leverage on retirement investing from 1871-2004 (1): “By employing leverage to gain more exposure to stocks when young, individuals can achieve better diversification across time. Using stock data going back to 1871, we show that buying stock on margin when young combined with more
Pro shares leverage has made me tons of profit and I use it to hedge risk. Do not limit my ability to hedge risk while you guys in the government increase the debt, destroy the dollar, and destroy the economy because you guys werent prepared for Covid. To cover up your mistakes you too leveraged and hedged risk to save the economy but it is us the tax payers that have to pay for your screwups. If