It would be detrimental for the investors to limit their access to leveraged funds. Most investors know the risk of these funds and brokerages are doing a good job of making sure that investors know the risk before they invest in these ETFs. Putting limitations on who can and cannot trade these funds would only help the few.
Im more than capable of analyzing risk and choosing what investment opportunities to pursue. Government agencies should not restrict investment opportunities or make access to them more difficult through needless testing, cooling off periods, or be forced to explain my understanding of the investment and the associated risks.
Hi there, I oppose the proposed regulatory enhancements. I especially disagree with tying the ability to trade or invest in leveraged ETFs (or other "complex funds") to net worth. Nothing about having a high net worth guarantees a better understanding of complex funds. Someone with a small portfolio is capable of doing their due diligence before investing in or trading complex funds. I
Comments:Please allow an individual to make his or her own choices. The risk I take are mine, and mine alone. I rely on the SEC to keep thing honest, and to make sure people are informed. I have gained a great deal by employing higher risk index funds, and wish to continue. Thanks
The leverage and reverse ETF is an important tool for retail investors to hedge market risk. While institutions have so many tools to diversify their investment risk, retail investor can only rely on limited choices to offset the market volatility. It is important to make leverage/reverse ETF available to retail investors.
As an individual investor, leveraged and inverse ETFs are very important to my hedging and risk management strategies. Having used them for many years, I'm very well aware of the risks involved with these securities and do not need any additional education or certification in order to use them properly.
Inverse funds are important to me. It's a huge part of my investment strategies. It helps reduce risks when market goes down. I definitely don't want to lose the ability to access inverse funds. Personally, i understand the risks and how to properly use them. The restriction is unnecessary.
Please maintain my status to choose to invest in proshares accounts. I have invested in these types of agressive funds with success and understand the risk involved and feel I should be able to assess my own risk without interference from 'oversight protection'. Please remove yourselves from my investment decisions.
The only regulation investors need is for complete disclosure of the terms and broad discussion of the risks of complex investments. It ought to be up to them to decide how to invest, what risks to take, and which vehicles to use.
As a professional economist with over 30 years of experience, I see no legitimate purpose for Regulatory Notice #22-08.
All public investments should be available to all. Any access restrictions to leveraged or inverse funds is wrong. All investments have risks and those risks are taken by the investor not the regulator. Placing restrictions on funds or trading hours based your portfolio size or any other credential is wrongful discrimination.