Dear Sirs: Please DO NOT make ETF investments more expensive or more difficult. Leveraged ETFs are the corner stone of my, in retirement, investment strategy. Leveraged ETFs provide an index for specific sectors that i havent been able to find anywhere else. The premiums on options for leveraged ETFs are also beneficial. I dont understand why you are planning a disruption of a beneficial
Comments: As an individual investor who understands the use of leveraged and inverse funds in my portfolio, I find it appalling that FINRA would swoop in to "save us". The risks are ours to take and adjusting government regulations is not needed. If we make an investment of any kind it is our sole responsibility to recognize how it fits into our holdings. Please do not put restrictions
Comments:In my view. 2X, 3X and Inverse Investments should be traded only*after* the brokerage firm has qualified the investor, just as is currently done for investor trading in IPO's.
Comments: These products are no different than any other etf. Read the prospectus Do the investment or do not. Buyer beware.
I'm writing in support of allowing continued use of leveraged and inverse etf's. I use these one a frequent basis as an investor. And, as a result pay a higher amount of federal income tax from profits related to trades involving these investments.
Do not limit investors ability to invest in L & I products by "enhancing" existing rules.Comments:
Comments: My comment is I study the markets daily and I have a MBA in Finance. I understand the risks of the leveraged and inverse ETFS. I trade the products as part of a comprehensive overall strategy on a short term trade basis.
The Direxion L & I funds offer unique and easy access to important investing products and concepts. Please stay away from changing access to these concepts which make it easy for everyone to use small investments. Everyone understands the risks and should always have trouble-free access.
Comments:I have used L& I funds for investments for many years and find that they are safe predictable investment tools.
Comments: Please don't underestimate people's ability to understand complex products. We have enough hurdles and unanticipated consequences to deal with without big brother butting in even more. Leave the ETF rules as they are.
