Comments: Do not limit access to leveraged and Inverse ETFs. Rather you may encourage vendors to provide very specific illustrations showing exactly how and when to use Leveraged and Inverse ETFs.
Comments: I think it's insulting to think investors can't fathom the simple idea of leveraged investing. Leave the American public the freedom to invest as they please.
Comments:very familiar with products And have complete the Schwab acknowledgement for trading these products
Dear FINRA Policy Makers: ETFs and complex inverse and leveraged ETFs have now been around for almost two decades. Why do you want to make "enhancements" that are actually are in fact "detractions" for individual investors and put them BACK into a position of not having access to ways to protect their portfolios, use hedging strategies without having significant amount of
These products are not so complicated that most investors would not understand their risks. Limiting access to these products would hurt the average retail investor. By further limiting access to a market that institutional investors have access to. This would put them at a greater disadvantage that already exists to the retail investor.
Comments: I believe the rules are stringent enoughand most investor traders know these are short term instrumentsleave the rules alone
I use the inverse leveraged products to hedge my risk. For example, I bought a share of Google upon the advice of a broker acquaintance. I was worried about the upcoming earnings report, but wanted to hold onto my stock for the split coming this Summer. So I bought an inverse leveraged product for a few days to lessen my risk during earnings season. I did have an issue with the ProShares UVXY ETF
Restricting trading of leverage products is unwarranted. The brokerage companies give you ample information and disclosures about the risks. This type of product is fast moving and should be monitored throughout the day. It is a short-term trade. Overnight positions are extremely dangerous. A product that offers 2X or 3X the underlying index is not complicated. It merely has higher risk reward
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
