I have a right to invest in my own future and for my familys future. I have enough understanding in inverse funds to be able to invest my own funds to receive the results that I am seeking without involvement of other brokers and/or advisors at my own risk.
Leveraged and Inverse products are required, we use it for hedging and we are aware of the risks involved. I should be able to use them without any restrictions. Investing products should be available to all not just for privileged. Please do not put any restrictions on these products. Thanks
Attend this session to hear from OCIE, FINRA staff and industry experts as they discuss how they intend to examine and inspect for compliance with Reg BI, including a discussion of implementation challenges, frequently asked questions, and issues that are being considered.
I occasionally use various ETFS that short major indexes or multiply returns on major market ETFs such as the DOW, the NASDAQ 100 or the S&P 500.
I feel that it is a restriction of my ability to choose my personal risk levels if you place limitations on these financial instruments.
Dan Eacret
I as a Investor understand the risks involved in L&I funds before investing on them. So no need for restrictions on these funds. As 90% of stock market scrips are risky anyway, I do not see any problems with these direxion funds. Please do not make any limitation on these. Thanks.
I have held Direxion leveraged ETF's for over 10 years, understand the risks as outlined, and have had no problem accepting the results of anticipating the market direction in specific areas. There are plenty of educational materials available. Don't fix what really isn't broke.
Comments: I sign a release with my broker for trading 3x funds... Like any investing and trading, the person needs to be comfortable with the risks involved. There is not a test for a person trading a drug manufactures when they are working with people lives and the negative possibilities surrounding medical products.
There are risks with all types of investments. The choices should be a matter of personal decision. It is true that leverage funds have the potential for higher degree of loss in a market downturn. The inverse is also true as they have the potential for a higher percentage of gain when markets are making positive gains.
I want the ability to purchase leveraged and inverse funds. It has helped my portfolio be able to protect against down markets. I am capable of understanding leveraged and inverse funds and their risk. We do not need more regulations. Thank you for hearing my voice
I am strongly opposed to regulation and tests to determine eligibility to make certain investments. I should continue to choose investments that are right for me and my family. Leveraged and inverse funds publish the risks involved and as an individual I understand them.
Please do not impose unnecessary regulations.