This is trash. If passed you're deleting the middle class entirely. You [REDACTED]
This is to respectfully request that you DO NOT apply blanket and arbitrary rules that restricts investors access to publicly listed and traded securities. All investing incurs risk. Rules such as these could actually enhance liability as it implies other investments are "safe". Should investors assume "ZOOM" was a "safe, non-leveraged investment?
Leveraged and Inverse funds help protect and hedge my investments or seek enhanced returns,and use them as a limited part of your overall portfolio.
Not sure why you trying to control or limit my ability to my money into levered or inverse funds. I am a novice investor and try to read about various products and decide where i want to put my money. Please don't control where I put my money, no matter what the risk. It is fair for you to ask the investment products to fully disclose the risk, but that risk is mine to take. Thank you
I am not understanding why you should restrict these funds from the public. We should have the same freedom to invest in any Funds that are available to big banks and Wall Street.
It seems things change when the market is going down. But not when its going up.
A lot of 3 x leveraged and inverse stocks have been dropped down to 1.5 and 2 X
Worse is the big drops down for no reason and the reverse
Adding additional regulation in advisors and ETFs seems misguided and misplaced. Regulators should be focused on what is creating the real wealth destruction for individual investors which is options trading done by novice investors. By regulating ETFs in this manner it is placing a barrier to using an effective hedging tool that has been in existence long enough for advisors and BDs to know
Thank you for the opportunity to comment.
I am an informed investor. I have a plan in place to be able to maximize retirement moneys. I have used a leveraged fund for several years (TQQQ).
The nature of TQQQ is volatile. I clearly understand the volatile nature. I depend on the volatile nature of this fund as if gives best opportunity for growth.
I oppose the proposed regulation. In this
Its fun to see how scared the other side seems when the tables are turned and they can no longer use fiat currencies as a weapon, but see how it could be turned against them. As with all things , it only takes time and pressure for things to break.
Go ahead and regulate whether I'm smart enough to invest my own money. Take away the inverse ETF's and leveraged funds, but please let me have access to insider trading like the rest of you crooked politicians. Or maybe just send the rest of us every day Americans to prison like you did to Martha Stewart. OR you can let legislation pass that allows us to take our social security
