Good afternoon, I write to you today as a retail investor who is building a small portfolio. I have found leveraged and inverse ETF products to be integral to my trading strategy, as they allow for enhanced returns. When I first began trading and trying to find ways to enhance my returns, I tried options and nearly wiped out my portfolio. I had to start all over again, and vowed never to use
We, the US investing public, need the ability to "short" stock market indices, equity sectors, currencies & commodities, just as the institutions do, to hedge our portfolios and protect the downside in our investment accounts. To not be able to do so would punish the "little guy" and provide all the benefit to the big institutions. We individual investors are acutely
Please Do Not Pass this legislation restricting our ability to invest in these types of funds and other investments as most of us know what we want when investing in these stocks or funds.
Individual investors should be free to determine their own level of acceptable risk. The responsibility should be on those offering securities to clearly explain the risks and in individual investors to accept those risks. Individual investors should not be required to pass tests or meet a bar of net worth in order to purchase publicly available securities.
I firmly oppose restrictions on my right to invest in leveraged funds at my own risk.
It is unethical for only the rich to be able to see an opportunity in a market and not be able to invest into it. During unusual activity or volatility in the market it is essential that we all have the opportunity to invest and survive times like these.
I am capable of understanding leveraged and inverse funds and their risks. I don't need Government regulators making my investment decisions They help you protect (hedge) myinvestments or seek enhanced returns,and if you use them as a limited part of your overall portfolio.
1st of all I was a 30 yr account executive/financial advisor. inverse and leveraged investments are an important tool to counter volatility in your portfolio during extreme market conditions and over valuations. As I have seen in the past that 10 years of earnings can be erased in 2 months. We need these funds to insure our financial well being especially in retirement years. We can't
Please do not remove my ability, as a small investor, to trade leveraged ETFs. I have used such positions many times over the years to hedge against specific risks and without these, I would have had no way to do it, either out of a lack of access or because it would have been too expensive or too complex.
Inverse ETFs are very useful hedging instruments for smaller investors like myself. Please do not discriminate against individual investors by taking away the freedom to choose our own investments.
