I'm against any Rule/Law which makes me go through special training to invest in Public Offerings.... also, the ETF I'm invested in is part of my Long Term Investment Strategy.... and it would be unfair to my Future Position in the Stock Market.... Thank you for your consideration.
It is very important for me to have financial flexibility with my investments. I dont always think the S&P 500 will go up and I like the ability to invest in an inverse S&P 500 fund without needing to pick individual stocks to short. Please dont take away my investment flexibility.
I have been investing in the stock an commodities markets since I graduated from the USC school of business in 1973. I have been investing in these markets for decades using leverage and inverse funds and do not need any regulations to help me at this point. Our markets should remain free and open.
Dear Regulators,
Please dont put more limitations on my ability to buy the funds. Leveraged and inverse funds are so important to my investment strategies when the stock market is going down like right now. I should be able to choose the funds and the manner to invest.
Thank you.
Investing in stocks, real estate and any other legally available forms should not be restricted to retail investors only. The individual should be restricting his/her own according to his risk and benefit. If the government limits the access to leveraged and inverse funds to only the retail investors, it creates an unfair field,
I have used inverse and leveraged stocks for many years to help keep me afloat in down markets. There should be no idiotic process to determine my ability to invest in them. I, not you, should be able to choose which public investments are right for me and my family. And not just the privileged few!
Leveraged funds are better than buying stocks on margin. I understand the risks and shouldn't be punished. Additionally, having leveraged funds acts as a hedge against some trades. If you want to police the market, ban options trading which is far more intricate and can empty an account in hours.
Given the horrible performance of the stock and bond markets this year, it is incredible that the government would attempt to limit, or make more difficult, access to products that can be used to hedge positions. This sends a clear message that individual investors are disadvantaged relative to large, politically powerful market players. This is a terrible idea.
Please do NOT make any regulations or changes to the ways leveraged funds are traded. Especially with the recent downturn of the stock market, you would take away people's chances to recover from the recent downfall, and regulations would cost individuals thousands, if not hundreds of thousands of dollars, per person.
Comments: I purchased $80,000 of FAS in a client account prior to Wells banning it in 2008. We did not trade the position and recently sold it for $1,000,000. The position was paid for in full and not leverage. It beat holding individual bank stocks, by triple. Leveraged funds if used conservatively fulfill a need. Keep them.
