To whom it may concern,
The prospectus is clear and the financial instrument is behaving as intended.
Dear Regulators:
I use a leveraged ETF on the Dow Jones as a SAFE way to invest and supplement my income in retirement. The moves are relatively small , up or down, and because the market - unlike stocks moves in both directions as opposed to stocks which move in a trend - my losses can be minimized or offset. Please do not take these index funds away.
You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to your investment strategies. Consider explaining ways you use leverage and inverse funds, including that they help you protect (hedge) your investments or seek
I oppose your attempt to prevent investors from making personal choices as to what public investments I and my family can make. Naturally, you are opposing inverse funds just as the markets have entered a new regime and likely prolonged bear market. Inverse and leveraged ETFs play an important role and allow individual investors advantages similar to hedge funds in providing return
To whom it may concern,
I am alarmed at the new regs that I understand you are considering re: leveraged and inverse funds.
I use them for a hedge not a ridiculous amount of leverage.
I appreciate you looking out for me but I've been licensed several times, I majored in finance in college, and I've taught financial info for over 30 years.
Please, reconsider this action. If you
I am deeply concerned with proposed increase regulation and oversight of leveraged and inverse funds. I have spent years reviewing and learning about leveraged funds, watched their performance and understand their risks. With careful measures, I have had success using them to increase my portfolio considering in excess of the market (eg SPY). And have steps to cover losses in bear markets. To
I have held and trade the leveraged Proshares such as TQQQ and UPRO since 2009. They have been important investment vehicle for me and my family. To restrict my right to trade such ETFs is going to great harm to my financial well being. I urge the regulators not to restrict my right to trade these ETFs.
We do not need more babysitting from government, allow me to decide how will I risk my own money
The United States is a free capitalist country where people have freedoms guaranteed by the Constitution. This should reflect from the freedom of investing too--people should have their freedom to choose what and how to invest their money. We save and invest to better our future lives. I diversify in my investments. Leveraged and inverse funds, though by no means of a large portion, are important
I assume all risk as I invest.
