To Whom it may concern: I am 54 years old and have been an active investor since 1997. During that time I have utilized many different investment vehicles to achieve my investing goals including stocks, bonds, options, mutual funds, etfs, leveraged etfs, and even inverse etfs. It was with great disappointment to learn that federal regulators are considering restricting individual investors
Leveraged and Inverse ETFs are very important for portfolio construction. Leveraged inverse ETFs are an inexpensive way to hedge a portfolio. For example, I was hedged with SPXS and SQQQ in March 2020. As a result, my portfolio did not go down as much as other people I know, and I wasn't stampeded out of the market. I held on and the market righted itself. Without leveraged inverse ETFs
I have 30 years of investment experience, and my strategy is conservative. I use leveraged and inverse funds as a hedge, and understand the risk of maintaining these holdings over an extended period of time. My investment in these funds never exceeds 3% of my portfolio.
with almost 50 years of investing and advanced degrees and a CHFC certificate to boot, i really enjoy having to sit for a test by someone who has no idea what is my situation. adds delays to investing that may be costly. millions of people are waiting for refunds for the past few years. not enough staff to process and old computers systems etc. how will this bad system be any better. waste of
I believe that the FINRA is overstepping it's authority with these proposed regulations. People who invest know the risks and do not need these unnecessary obligations.
It is my belief that a market should be open and fair and that each market participant regardless of funds or experience should be able to have access to the same tools and be able to take on whatever risk they feel comfortable with. By denying some investors access to products and not others, you are creating a two tier system which is the antithesis of a free market. You are also giving one
This is a public investment it should not be regulated into an opportunity for only a privileged few. Leveraged ETFs have been an important part of my portfolio for years and I do not want to lose that opportunity.
As an infrequent, low value investor, any regulations that inhibit my ability to invest as I see fit is strongly opposed. I understand that I don't understand every nuance of investing. However, I also take full responsibility of learning what I don't know before I invest. This is a personal responsibility that should be taken seriously by all investors in all aspects of their
Aloha. Mahalo for doing the best to your abilities to protect American citizens without infringement on their freedoms and financial success. We are at an inflection point moving from the old financial system into a new financial system. The decisions you and your peers agree upon has potential impact on 100s of millions of lives. Let's make sure your team and the American population is
I believe that individuals, *not* regulators, are capable of making their own decisions as to what to invest in. If we've learned anything during the pandemic, it's that people are smart and able to figure out their own needs quite well...and investments are no exception.
Leveraged and inverse funds can be a useful part for a *portion* of someone's investment strategy,
