I currently hold these types of inverse volatility funds and am against not being able to buy and sell them. Please don't change the regulations!! Thank you.
I use leveraged and inverse ETFs as a part of my investment plan for my family. It's easy to understand what they are and how they work. No restriction on who can buy them should be made.
I determine what investments are right for me and my family. I'm capable of understanding the risks of leveraged and inverse funds. I have a right to hedge my portfolio without the permission of the government. This is simply an attempt to harm the retail investor to the benefit of large investment firms.
I will take my own risk on my investment. I have freedom and right to select which kind of investment I make under my account, don't worry, thank you.
I've personally concluded that these 3x leveraged ETF's were a criminal enterprise by Direxion Funds and others, and yet were authorized. These should not be offered, and I wish I knew better before I bought them and they proceeded to do MANY reverse splits to where my holdings were worth less than 5% of where they started....
I find that having access to leveraged and inverse etfs provides balanced hedging in my portfolio, allowing me to retain a mostly-cash position for long-term financial security while also participating in market movements. Please don't add hurdles to use of leveraged and inverse ETFs
I have several of the funds and investment vehicles you are talking about regulating in my portfolio. As an average citizen, I am completely capable of researching and understanding risks and rewards of different investment products. I do not appreciate being called unworthy of investing in these products. Wall Street is already rigged toward the privileged and wealthy. These types of funds are
Worry about the hedge funds overleveraging not retail investors taking too much risk
America is a free country. You can't block my trading preference. Do NOT block my leveraged and inverse funds. Go ahead to stop crypto currency first. Those are scam.
