Comments: I understand and use the leveraged and inverse funds of Direxion to protect and hedge my other investments .Limiting my access in any way is foolish. I find the disclosures of risks, transparency and education provided is excellent with the funds at Direxion. I find Fidelity brokerage also adds a very protective layer by requiring users sign off on their understanding of the risks of
I am writing to request that leveraged and inverse finds remain open to average investors. These products do have their own risks and my broker places several warnings before I can make a trade in an inverse or leveraged product. These are meant for short term and day trading only and there are many warnings that they are not intended for long term and you can lose everything if you do. I think
Comments: I fail to understand why FINRA and other governmental agencies always need to insist that I cannot do whatever I want with my own money. Let me do what I want. If I make a mistake, let me take responsibility for it.
Comments: I would like to voice my opinion about leveraged & inverse products. I believe inverse products provide an inexpensive opportunity for individuals and advisors to hedge / short positions. Other options such as Puts are far more complex and expensive. As for leveraged ETF's, my simple thought is there is no need for these products whatsoever, with the key word being need.
I agree fully with Direxion in this matter.
Comments: As an RIA and CFP Professional with over two decades experience I can tell you that retail investors are far more experienced, savvy and informed than when I started in the business. Teenagers invest through their phones, something I never dreamed of at their age. The disclosure and consumer warnings required by leveraged products providers more than addresses the risks involved in
Comments: leveraged ETFs are right for me
Comments:Leveraged and Inverse ETC. I am aware of the risk involved in these vehicle and suspect that most are also aware. Please do not limit my options Stocks get extremely difficult to short. Thank you! Glenn Williams
No changes are needed. I have traded these products for years. They are neither "confusing" or "complex." Stop insulting us.
As an institutional and self-taught individual investor, I have utilized leveraged and inverse funds successfully for twenty-five years. I believe them to be a valuable strategic/tactical portfolio option. While I agree that knowledge of these complex products is imperative, the ability and willingness to self-educate or receive training is too readily available to require an onerous process to
