I completely disagree with the proposed regulations to impose restriction or any limitations on my ability to invest in leveraged or inverse leveraged funds. The risks associated with these investments, like any other investment vehicle, are clearly detailed in the Prospectus documents which are readily available to the public. I oppose Government regulators imposing what I view as arbitrary and
Risk is associated with everything in life, such as driving a vehicle, going to college or entering the workforce, or even accepting a job promotion. We make decisions such as requiring auto or home owner insurance. If I already understand the amount of risk of my investments, I do not need an exam to tell me how to invest. By maximizing my return on a diversified leveraged fund (such as UPRO -
As an individual investor I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am
capable of understanding leveraged and inverse funds and their risks. If I am not familiar with the investments then that risk lies solely with me. I can enlist the help of professional management if/ when needed
I should have the right to be able to choose the public investment that suits me. It would be unfair that public investment should be open to all members of the public, not just the privileged. I understand the risks of leveraged and inverse funds in my investing process. I'm also operating while I can take the risk myself, and regulators don't need to impose restrictions.
Limiting investors ability to invest in leveraged ETFs and funds and having to prove high-net worth and presuming that equates to understanding risk and investment knowledge is unnecessary. Investors are widespread and have to be responsible for their investment decisions. Taking away the opportunity from people who do understand the risks is thievery. It's like telling a person who's
It is imperatively important that investors can choose the public investments they want to invest in. These investments should be available to all public investors, not just the privileged ones. I am capable of understanding leveraged and inverse funds and their risks and have been investing for many years. I do not need your regulations imposed on me. My trading investment activities are my
I believe investors should be able to choose what investments that they want to invest in. I used these investments as a hedge for my portfolio. I do think that the acknowledgement of risk and investment experience should play a role in whether investors can invest in leveraged products, but the approval process should be similar to the process for getting approval to trade stock options. It
I am opposed to the proposed rules adding restrictions on purchases of leveraged investment products for individual investors. Individual investors should have the ability to choose what strategies to utilize and the equities they purchase. Investing with leveraged and inverse ETFs provides me the ability to take advantage of market movement and sector activity without risk of concentrating into
Comments: To: FINRA,
I have been an active trader for many years using Leveraged and Inverse (L&I) Funds fairly successfully. I understand their limitations and risks from various literature/warnings and from my own experience. I strongly suggest that investors and brokerage firms do not need additional regulations to effectively use L&I Funds. This would only make these
Ive been using leveraged funds e.g., UPRO for 14 years. Its a critical part of my trading strategy. I fully understand the risks, and in many ways, its less risky than borrowing money (i.e., margin account) to implement my trading strategy. My demonstrated success in using these funds as part of my trading strategy is testament to the fact that traders can learn through reading and experimenting