FINRA, Please consider maintaining leveraged and Inverse funds and ETFs as viable investment tools for retail investors. Proshares and Fidelity always advice about the risk associated on using this products and I am full aware that this are short term investment products and as such they must be monitored frequently.
I understand the benefits and risks of investing in both leveraged and inverse funds. I make my own investment decisions. These funds are public securities. Regulators should not establish any rules or procedures that would inhibit my ability to invest in leveraged or inverse funds. Thank you.
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
You shouldn't have to go through any special process like passing a test before you can invest in public securities.
Explain that you are capable of understanding your
investments and their risks. Tell regulators you do not need
these measures imposed on you.
Regulators should not choose what investors or traders can put their money to work. I have traded in inverse and leveraged ETFs and that is my choice and my risk. These vehicles are an important part of a trader's tools. Do not screw this up by denying traders the ability to trade these vehicle.
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.
I'm in favor of trader/investor *education* but not additional restrictions. In fact, I oppose PDT because $25000 is an inappropriate amount of money to risk while learning. $1000 would be plenty to learn how to trade. It's the transaction quantity that builds experience. Thousands are required to learn effectively.
Restricting these products to only high income individuals is not protecting smaller investors but limiting their options and creating an unfair playing field. Require these etfs to disclose risks but do not increase the inequality in investment options that already exists between high and low net worth investors
I have not used leveraged funds but inverse funds are an important part of my investment strategy as protection against market downturns and also for selling options. Brokerage companies already issue appropriate warnings to their customers re: risks. Please do not restrict access to these funds.