I have traded these leveraged and inverse funds for many years. They should be available to all not select few. The test is just another unnecessary bureaucratic hurdle for people who can read and understand the risk. These funds are useful in short term trading as an overnight or 2-3 day vehicle that can be used with less leverage than a futures contract. Your consideration appreciated.
Leveraged products are key to the risk management of any retail investor. These new regulations and especially the high net worth requirement will only enlarge the inequality between the rich and the rest of us, who already have way less instruments and hedging opportunities to resort to. You should protect the retail investors rather than making their investing a living hell.
We as Americans has the right in invest in stocks and bonds of our choice, not regulators. Why should we have to pass a test to invest, we can do our own research and decide if it is worth the risk to invest our money. Many of us have been in the market for decades, it is not up to you what bonds or businesses we support.
I do not think this is fair for low networth investor who may not have opportunity to earn high return vs high networth investors. It is discrimination because public investment should be available to everyone without restriction or requirement to obtain any special training. You can give notice of high risk speculation but cannot regulate public investments.
I oppose any legislation restricting my right to invest in any public investments. I, not regulators, should be able to choose the public investments that are right for me and should be available to all of the public, not just the privileged. I am perfectly capable of understanding leveraged and inverse funds and their risks. I shouldn't have to go through any special process before
I am advised that I am now incapable of making my own investment decisions re leveraged or inverse investments This is quite surprising as I have been doing this for decades, with much satisfaction and no regrets I am quite content working with my own risk parameters and object to others telling me what I may or may not do, and oppose such efforts and oversight
Investors should be able to buy instruments of their choosing. The restrictions on trading in the expert markets have already ruined pricing and liquidity on many equities at the expense of small investors. Please don't continue harming investors through restrictions. Leveraged funds have many useful purposes including limiting risk through hedging and avoiding use of margin loans.
I oppose limitations on my ability to buy investments. I know what I want to invest in, and what is best, for me & my family - not regulators. I should not have to jump through any hoops, or go through any special process before investing MY money into PUBLIC securities. I am capable of understanding risks - regulators do not need to impose on me.
Investing in publicly traded securities is an individual investors right and they are fully accountable for the results (positive or negative). You may ask them to sign an additional waiver / acknowledgment of the risks but you should not restrict them. Additionally, You may put disclosure requirements on these leveraged and inverse funds to improve transparency to the investors. As a regulatory
I believe as an experienced investor that I should be able to use leveraged funds to enhance returns on my portfolio or in the case of inverse funds to hedge and protect on the downside for my portfolio. If not allowed to choose my only option would be to open a margin account and use leverage open myself to possibility of margin calls or to potentially short a stock that has unlimited risk.