I use these inverse funds to hedge my earnings against rising inflation and economic instability. In my opinion, it is overreaching and punitive to not be able to invest the way I choose to. No test of financial literacy nor any other restrictions should be put in place to invest in these products.
Please do not impose unnecessary restrictions on my ability to buy and sell securities you may deem complex. I should not have to go through any type of screening or pass through any type of process before using such financial instruments.
Customers should be able to choose what is right for their investment strategy. Making changes would cause many to need to do leveraged complicated futures trading to accomplish the same goal and causing great financial risks compared to a simple leveraged fund.
Regulating leveraged ETF's is a terrible idea. Leveraged ETF's are a important financial tool that retail investors can use to get returns like professional investors. Regulating them will hurt retail investors and restrict access to an important part of the stock market.
I should be able to choose the investments that are right for me. Public investments should be available to all of the public, not just the privileged. Regulators have no idea of my financial needs and especially right now, it is imperative that I get the ability to invest in a declining market.
I don't want my rights to invest in leveraged ETF be limited under the pretext to care about my ability to make my own decisions. I am a mature adult who understands the risks related to making financial decisions to invest in such a funds.
This rule would take valuable tools out of the hands of everyday investors, limiting them to the wealthy and corporations. This doesn't help anyone; it takes the tools away from them which help them succeed. This rule is shameful and antithetical to financial freedom.
Dear Sir, I fully understand the leveraged and inverse funds and its risks. Please don't deny me the freedom to choose investments that could help me balance and achieve long term financial security. Thank for your consideration! Pou-Fong Lee
These are important financial instruments designed to protect investment dollars, not waste them. The geared and levered products provide important alternatives to options and other derivatives that are traded like stocks and with improved liquidity. I support their continued use and recommend no increased limitations on their use.
Comments: This is wrong. Limiting access to financial instruments to the wealthy and having them pass a special set of requirements will further drive the wealth gap in this country, and is wholly undemocratic. People should be able to invest as they please, gain and lose their own money as they please.
