Just because some people don't understand the risks involved in owning leveraged ETFs is doesn't mean that everyone else shouldn't be able to invest in them. Some people don't understand the risks associated with driving a car, yet we still allow that. You can't fix stupid, stop trying.
I understand the risk of leveraged investments including leveraged and inverse funds. I think it should be my personal choice. these investment/speculative invested can help me hedge my risk just like a pro's. I prefer to decide for myself what I do. Not a government agency. Goverment/FINA/SEC should focus on fraud and illegal activity.
I can't believe this is seriously being considered. Let people decide to do with their own money.
People know the risks or should know the risk
Stay out of our way and let us make money or lose it. Don't save people from themselves, let them make mistakes if that is what happens
I oppose the regulation to disallow trading in leveraged and inverse funds in a brokerage account. I do not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand the risk associated with those investments and I willing to take those risks.
I understand the risk of investing in tqqq I don't need the government telling me "it's to dangerous" and "its to complex for you so where doing this to protect you" I'm perfectly capable of making my own investments and judging my risk tolerance I don't need the government telling that I can't invest in tqqq
SEC's task is not to omit individual investors from their rightful ability to elect what risk levels they can accept through various investments.
Requesting to have continued access to trade leveraged as before. We all can read and know the risks associated with leveraged/hedged investments, without being held back.
I am an investor that should be able to invest in products of my choosing. I review the products, understand the risks and can make my own decisions. Please do not restrict access to inverse funds or leveraged products. These are a effective tools to mange risk and hedge equities exposure. The public should have access to these tools.
As an Fellow of the Society of Actuaries (FSA), I have a strong understanding of risk. I use leveraged funds to obtain a beta in my portfolio of ~1.25. People use these leveraged funds to a desired level of risk that they are comfortable with. Taking away our ability to invest in these funds is taking away our freedom to obtain our goals.
I have good understanding of the risk in these securities. I have been investing and trading for over 25 years. It could have a very big impact on my investments if I was blocked from being able to continue trading positions I already hold. In many cases I use these securities to hedge risk in other positions. Thank you
Continuing Education Planning