Equal access to leveraged and inverse ETFs should be protected. Anyone with the knowledge, strategy, conviction, risk appetite etc who wants to buy these securities should be able to. Please do not take away this right. It only requires conviction and thought. It shouldnt be a special restricted thing.
I like to buy leveraged and inverse funds once in a while to hedge my portfolio when circumstances are right. They never take a large position in my strategy because they can be dangerous. But knowing the risks and the rewards, I believe that using or not using them should fully be my decision.
Investors are already aware of the risk that these funds bring. Why limit access? If the goal is to prevent people from not understanding the consequences of their actions, create a warning that brokers must display before purchasing these kinds of investments - don't limit investors from access to funds we love!
There are already disclaimers set up at several brokerages regarding high risk investments such as leveraged funds. Fidelity had me sign one already because I changed my investment style . It is up to the individual to gain the knowledge one needs to make informed decisions, not the government .
I oppose any proposed regulations that could limit or restrict my ability to purchase or sell inverse or leveraged funds. I do my own homework, and am aware of the risks involved with these types of investments. It should not be the job of FINRA to protect me from myself.
Thank you.
Please allow all investors to retain access to leveraged and inverse funds. The risks of such things are well documented and investors are warned adequately prior to making buy and sell orders. Allow us to invest how we feel is most beneficial for our own well being.
I do not agree with this proposed new regulation, especially with making it available to only high net worth individuals. I am not a high net worth individual, but I do fully understand the risks associated with investing in these securities and I am using these instruments as part of my overall investment strategy.
Dear regulators, The use of public leveraged and inverse funds should be my and other investors' decision and not be restricted. They are very useful as part of an investment strategy. Investors are more than capable of understanding their risks and a special process like passing a test is unduly burdensome and unnecessary.
I periodically use inverse mutual funds and ETFs to my advantage. I have a high net worth, and over 25 years experience trading. I do not need the SEC to restrict or control my access to any investments. I clearly understand the risks, and use ETFs appropriately.
Regulators have no place to seek a product too complex for investors when the regulators have messed everything up. It is our right to use our money how we see fit and it is our risk to take contrary to what you control freaks think.