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Going through any special process like passing a test will be a great burden to me since I am 72 years old.
For numerous reasons I am opposed to any regulations that makes it more onerous on an individual to make any investments of their choosing whether they may be individual securities or leveragred funds.
I strongly oppose any regulation limiting my choice in public or private investments. There should be no 'test' to invest in public securities, like leveraged and inverse funds. I am capable of making my own financial decisions, and reject additional government interference regarding my finances. I implore you to not impose additional measures prohibiting my decision to invest
The government should not be adding more burdens/hurdles to managing ones finances. We do not need more red tape or more paternalism from the government preventing investors from having access to funds such as these. And given the risk of these funds are lower than a large number of stocks the investor might otherwise buy (or such legislation might drive more investors into options) this will
I cannot believe in the United States that we would be limited in what we can invest in the stock market. I could believe it if it was Russia but it's not. I have an MBA an engineering degree, a pilot's license and I'm scuba certified. I think I'm smart enough and I should be able to invest my own money the way I want it to be invested
i oppose restrictions to my right to invest
Do NOT, repeat, do Not interfere with the trading of Inverse and Leveraged ETFs and ETNs. Find another way to collect fees besides interfering with investors ability to freely trade these instruments.
What hard data are you basing this potential decision on? Has that data been made public?
Many studies have shown that attempting to limit trading to only one direction in freely trading markets invariably fail. Generally, politicians love to jump on this bandwagon, largely due to their ignorance. Also, limiting flexibility through minimizing inverse funds that accommodate leverage will increase volatility, not decrease it. Do your homework.
Hi,
I have been an active trader for the last 10 years and have used many trading tools, ranging from simple stocks to complex derivative strategies. Leveraged ETFs/instruments are excellent tools I use to hedge my trades and enhance performance. One of the main reasons these are excellent assets is their ease of access. While they carry more risk (clearly stated with every brokerage platform I