Please no restrictions on ETF investing.
I strongly urge that there should be no interference and excessive regulation for using personal funds towards any legal investment vehicle that is, and should be, available in the free market of the US. Especially for directly correlated and leveraged ETF/ETP, the complexity is not that great where the common investor cannot understand the leverage on the underlying portfolio or market strategy
I am capable of understand leveraged and inverse funds and should not be made to "jump through hoops" in order to continue trading as I wish. If you must regulate access to these funds please do not target your regulations at those of us whose trading accounts clearly demonstrate we are performing in line with the market.
That being said I agree there is a problem with
I not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged
I do not need regulators to protect me from leveraged and inverse funds. I have used them prudently for many years. They are an important tool in my self-directed retirement investing.
I would strongly oppose adding hurdles to invest in inverse/leveraged ETFs because I think it would prevent people like myself from expressing their investment views freely. While I am a qualified investor, well versed in how to assess risk, and a CFA charter holder, I would recommend many inverse/leveraged funds to friends and family who are not as trained as me but can still understand the
To Whom it may Concern,
The thought of keeping a common investor out of these funds is not at all fair! For instance through my ability to investment in such funds as TMF, GUSH, TMV, UCO, SCO and BRZU made me have the ability to have forever changed my wealth status and get a huge jump on retirement.
If anything provide further access to education regarding leveraged funds and don't
99% of investors understand the risks of investing. When investors choose to invest in leveraged and inverse ETFs, they understand the risks they are taking on. Leveraged and Inverse ETFs are a very simple concept to grasp, and returns on these investments are much easier to calculate than, say, option contracts. Please don't make decisions off the false impression that people do not
I have the right to invest on whatever financial property while I am fully aware of its risk. It is unfair if the access to the rather complex investment becomes limited only to institutional investors. Please leave them as is.
I don't understand why people can be allowed to invest their life savings into a single stock that may crash and go to zero, but leveraged etfs are where we draw the line? People are always going to find a way to be risky in the stock market, leverage is one of the more well thought out ways to do it.
