Hello
I want to keep using levered products in a controlled and responsible manner
I am not a gambler or speculator, rather a long term investor with slightly higher than average risk tolerance. I am young with a high paying job, this is the timing that makes sense to take on higher financial risks for me.
It is very important for me to have financial flexibility with my investments. I dont always think the S&P 500 will go up and I like the ability to invest in an inverse S&P 500 fund without needing to pick individual stocks to short. Please dont take away my investment flexibility.
Dear Sirs/Madames,
I invested in these financial products over ten (10) years ago. They were part of my investment strategy, and are still today. They made sense then, and still do. Thank you for your concern, but I am aware of what I am investing in.
Warm regards, Eric Sims Gerken
I am an experienced trader who was a series 7 rep on Wall St. I understand leveraged funds and am completely comfortable trading them. They are important to my overall investment strategy, and it would be harmful to me financially if I were not allowed to trade them. Please do not place any restrictions on them.
The leveraged funds are the great funds for normal (not advanced) retail investors to use the advanced financial tools without the use of option and future which can risk most of retail investors.
I am really excited to have the leveraged funds in a free form. This is essential for my long-term investment portfolio.
I am opposed to FINRAs proposal that would limit my freedom to invest in public securities of my choosing. FINRAs proposal on complex products is arbitrary, unworkable, assumes I am not capable of making my own investment decisions. Dont restrict my ability to achieve long-term financial security.
Please do not take away tools from small, individual investors. There are too many ways the big guys have to beat small investors with their unfair rules. The markets are rigged to their advantage. I NEED to use inverse and leveraged funds to avoid financial disaster in my retirement account.
I am retired and rely on my investments to provide income. I swing trade the market when it reaches extremes of bullishness or pessimism. By using leveraged and inverse ETF's I make money without risking my entire portfolio.. These products are not complex for someone who has no financial training but follows the market.
Instead of focusing control of smaller investors why not focus on manipulation of the market and securities by the larger financial groups practicing Short Selling. That faction ruins a "fair" market for all and is apparently legal theft and manipulation. I thought the point of "fair and equal" market rules and regulations was to prevent theft and
I oppose restrictions on my ability to invest in leveraged and inverse funds. I'm an adult with an ability to think and understand both potential risks and rewards. A person's understanding is not correlated with his net worth. Continue to allow me the benefit to make money with a variety of financial instruments in a variety of market dynamics.
