Leveraged and Inverse funds provide an important tool in managing investments. I've utilized these funds during the past several months to hedge my exposure in a challenging market. I've been able to remain invested in strong companies that pay dividends, while reducing my exposure to a substantial loss during market corrections. These funds provide an important tool to
I do not see any good reason for FINRA to restrict an individual investor from buying leveraged and/or inversed funds. Shares of any company can go down to zero so one cannot say that one product is safer than the other. FINRA should focus only on irregularities at Broker-Dealers, Capital Acquisition Brokers and not interfere with the investment choices of individuals.
Thank you
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REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The NASD requests comments on proposed amendments to the NASD mutual fund maximum sales charge rule that would subject
I fully believe in the freedom of the capital markets and my choice as a participant in those markets to remain unencumbered. There have been too many instances of the elite class not allowing the everyday person to use these markets. I use leveraged products as part of my trading strategy. It helps me greatly to have these products available to me. I think the current prospectus for these
Ive invested in ProShares leveraged ETFs, particularly SSO, for so many years. These ETFs have provided a lot of flexibilities to me, and in a lot of cases, they helped reduce my investment risk as it freed up my capital and thus lowered my liquidity risk. I wouldnt simply categorize these ETFs as risky investments only because its leveraged, and thus I oppose the proposed investment limitation
Leverage is a key part of my investment strategy. Leverage can be done using options contracts, but I do not have the capital to buy the options contracts necessary to reach my goals. I am a college student investing with money that I could afford to lose, so it would be a shame if leveraged and inverse ETFs are removed so that only high net worth individuals can profit off of their insights.
I am a highly educated adult with decades of trading and investing experience including venture capital and angel investing. Don't pretend that your regulations are protecting me. I fully understand the risks and am prepared for potential loss. Get out of my hair and let me go make money. The leveraged investment vehicles happen to be working incredibly well for me. Freedom America, not
As a retail trader, levered and inverse funds make it easier to allocate less capital to execute trades which has been very beneficial. Additionally it allows for a simpler way to get exposure to the options market. There are plenty of disclaimers and agreements before one can purchase those instruments so there's no reason to get rid of them other than to limit the abilities of the
Putting a capital requirement on freely trading leveraged etfs just adds another barrier to entry for lower income people to enter the stock market. All brokers already clearly state the risks when people trade these products so everyone should be able to determine for themselves whether its right for them. The stock market shouldnt just be a playground for the wealthy it should be for everyone.
You do not have authority to restrict US citizens from buying and selling funds of any kind that are available on the market. If you restrict individuals purchasing funds in any way, this contradicts capitalism. Experience, training and net worth are irrelevant in regards to my ability to purchase and sell funds as I please. I am a United States citizen and I can use my purchasing power as I
