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I disagree with your proposed regulation to restrict the purchase of leveraged and inverse funds and dozens of other popular investments deemed to be complex unless you:
Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a high net worth
Get special approval from your broker
Attest to reading certain materials
Go through cooling off periods during which
So I have used leveraged and inverse ETFs for approximately 10 years as a way to channel my investing when I believe a certain segment of the market has been oversold/overbought. Further, I may use them to hedge my existing positions. I believe it's my right to choose these investments as I see fit without having to pass some artifical test. After all, the firms that I trade with have their
I strongly oppose any restrictions on my right to decide what I can and cannot invest in. I currently invest in 2X or 3X products, both bullish and bearish. I am a grown adult, with 30 years of experience in the markets and do not need additional protection from regulators. I take personal responsibility for my decisions and would prefer that you leave me alone to invest how I prefer. I find
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST My education - a Ph.D. from a university in the U.S. and mathematics as my Bachelor Degree's minor subject, I am capable of understanding leveraged and inverse funds and their risks. I - not regulators - should be able to choose the public investments that are right for me. I shouldn't have to go through any special process like taking a test
I have been active investor for over 20 years and have successfully managed my SEP IRA and investment accounts during that time. I should not be required to take any tests to invest in any stocks including leveraged and inverse funds. In particular, leveraged and inverse funds allow me to take advantage opportunities using less capital as well as hedge risk. Please do not restrict and/or make it
Hello People: I am disturbed that you are wanting to strictly regulate many types of public investments, and, in my case, inverse funds, to name one. I am a 73 year-old single woman, and I have been investing my IRAs and brokerage accounts for decades. It is unnecessary for me to submit to testing or training, as I understand the securities I invest in. I have invested in an inverse fund only a
I vehemently oppose this proposed regulation. It is my RIGHT to choose which investments are appropriate for me. Regulators are not elected by ME to make choices for me. As a person with a degree in Finance and work experience with a Wall St. bank, I should not be required to pass any test that a bureaucratic regulator writes. Members of the public who use their funds in such investments are not
Individuals not regulators should be able to choose the public investments that are right for them and their family. Public investments should be available to all of the public, not just the privileged. One shouldn't have to go through any special process like passing a test before one can invest in public securities, like leveraged and inverse funds. We are capable of understanding
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, in the spirit of free-market capitalism. No one should have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds
I oppose restrictions to my right to invest in leveraged and inverse funds. These instruments should be available to the public, and not just a privileged few. They are an important part of investment strategy that can help me hedge/ protect my stocks investments, and sometimes help me achieve enhanced returns when I use them as a limited part of my overall portfolio. I should not have to go