I think that access to leveraged ETFs should not be limited because each investor knows the risk and they are a very useful alternative for the investor, any investment carries a risk and that is something that the investor knows
Comments: These L&I funds allow for simple day trading without the complexity of initiating margin and shorting procedures to obtain the same results. The platform on which I trade notes that these funds are not for long term investments and it details the risks. These funds are what allow me to easily outperform the market. Without them, I would need to waste an inordinate amount of time
Comments:I am an individual investor who trades ETFs. I strongly request you don't try to control my trading because you are trying to protect the person who would use a hair dryer in a bathtub full of water. In other words you can't fix stupid. So stop trying to fix it by limiting everybody else who are capable of reading and writing.
Comments I, an educated and experienced investor for over 50 years, utilize Direxion leveraged and inverse ETFs for my portfolios. All Direxion leveraged and inverse ETFs are intended for investors as I, with an in-depth understanding of the risks associated with seeking leveraged investment results, and I do actively monitor and manage my positions. I am aware that there is no guarantee that
We already sign disclosures at brokerages warning us about the potential dangers of leveraged products. This is a huge slap in the face for retail investors and a ton of unnecessary road blocks for us that would separate us even further from institutional investors. The HUGE detrimental affect this would have on me would be insurmountable. I have leveraged ETF positions that are currently in the
I would like to say that I like the Leveraged and Inverse Funds from Derexion. They allow the regular investor a change to trade both sides of the market. This is critical because of machine trading by Hedge funds. Thanks Greg Maher
Comments: I would be against limiting access to the leveraged indexes. These provide both diversity for small investors, while providing outsized returns at a lower cost than mutual funds. The TQQQ grew from $19 in March 2020 to $200 by Jan 2021 before a 2/1 split. It was up 1200% from Sept 2016 to Sept 2021. If FINRA is really looking out for investors, how is limiting such returns in the
Yes I ask that FINRA puts limit on how much money can be invested in L&I funds, it should be no more that 20% of portfolio, brokerage should limit purchase in this funds as these are extremely high risk funds that most investors do not understand. Sending a disclosure does not help as most people do not read it or undersand the language, it should be restricted by brokerage.
Comments: I am a licensed 6,7,63,65 FA, it has been 17 years since I passed my series 6 exam. I have a BS in Business and a MBA. I have almost 30 years of banking and finance experience. Leveraged ETFs are misunderstood and misevaluated by regulators and investors. If you examine the returns of leveraged ETFs that track major indices you will find that while they do not offer a superior "
Enhancement to current rules
