The government doesn't have any business telling what they can and can not invest in. Period. We don't need to be told that an investment is "too complex" like were a bunch of idiots. We know what the risks are and accept what we are willing to I vest in and the risks involved. Get out of our business.
Leveraged and inverse funds should be available to anyone looking to make investments without restriction. The risks associated with such products are not uniquely difficult to understand and they enable a wide array of hedging strategies for individual investors at all levels of risk tolerance. Making these products more difficult to obtain would be a great disservice to individual investors.
I'd suggest not limiting access to these products, but rather increasing the education requirements and understanding of these products. The risks of the products should be spelled out plainly, not lost in some lengthy document that none of the investors are reading. In big bold letters and a concise one page document, all of the risks are summarized and distributed regularly to
I should be able to make my own decision in what I invest in. I understand the risk and only invest a portion of my money in risky investments. I do not need the government's protection. You end up stifling freedom. This country was founded on people being able to take risks and get the rewards or failure from the results.
Hello,
I have employed inverse Etf funds for several years and understand the risk entirely.
Mostly I invest in them as a moderate defensive hedge my investments, and occassionly to add to returns. Due to the risk I never hold inverse stocks overnight.
WIth my experience and understanding, I for one see no need to regulate these vehicles.
Sincerely,
Comments: I as an investor am using leveraged ETF's to hedge against the risk. FINRA should not just block individuals from accessing these ETF's and leave them accessible to hedge funds and mutual funds and other large investment.
Such suggestion is simply an action against small individual investors who wants to carefully manage their risk.
I should be able to choose the public investments that are right for my investment practices and risk tolerance. Public investments should be available to all of the public, not just a small percentage of the total pie. Also, I know that I am perfectly capable of understanding leveraged and inverse funds and their risks, and as such, regulators should not impose these measures upon me.
It is discriminatory to allow certain individuals to invest in some security classes while restricting others. Individual investors should have the freedom to do as they deem appropriate for their own risk tolerances. Leveraged and inverse funds allow all investors to have a diversified risk profile which is important regardless of total net worth.
Effective December 19, 2007, locations that solely conduct final approval of research reports are exempt from the definition of Office of Supervisory Jurisdiction.
I use these leverage ETF as tools to offset risk on long holdings and hedge against the market one way or another. To remove this too would be detrimental to my ability to asses risk and protect my account holdings. Please call, text or email anytime. Kevin R Kieffer, Broker Associate | Compass | [REDACTED]