Please, do not stop access to invest in leveraged and inverse funds. It is my responsibility to take extra risk associated with them as well as ability to get rid of them if I find myself uncomfortable with them.
Thanks for understanding
Boris Svoyskiy
Investors should continue to have choice in investments ... if you want restrictions, let the brokers establish limits and not the government using a broker based form to allow an individual investor to be approved prior to making such investments and to make sure they are aware of the risks
I use inverse funds to hedge my risk against black swan events, such as the 2020 pandemic.
I (not regulators) 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, not just the privileged.
I fully understand the risks associated with leveraged and inverse ETFs. I study my investments diligently and believe I have the knowledge to continue investing in these ETFs, especially during these times when inverse ETFs allow to hedge against the market going down.
I am a former series 7, 6, 63 from 1994 to 2001. Back then people knew risk, with all the information now the public is so much more well informed that regulation should be MINIMAL. Minimal meaning more of a mediator than a regulator.
I want to retain my right to choose public investments without having to pass a test or other special process. I am capable of understanding leveraged and inverse funds and their risks.
Please do not restrict my right to invest in public investments.
Inverse ETF funds like those offered by Proshares are an important tool to help me self manage my stock portfolio. Rather than sell stocks to achieve a desired risk level, I frequently use inverse ETFs to hedge.
I oppose any restrictions to my right to invest in leveraged stock funds. We are fully capable of reading and understanding the risks and opportunities of these type of funds and don't need further regulations by public self-serving bureaucrats. Please leave us alone!
I should have the right to take risk and be able to manage my own money without FINRA interference. Its unfair to me that I work so hard and yet someone else can tell me what I can and cant invest in.
We would like to have the choice to invest in leveraged and inverse funds and ETFs, as they play an important role in my investment strategy. I am capable of understanding these unique products and associated risks, and do not need any special purpose tests.