As a retiree and a widow, I have been able to make the best choices for a decent life in my years ahead. Those choices are critical to my health and my financial independence. I consult with knowledgeable advisors who have explained clearly to me the importance, for me, of public investments like leveraged and inverse funds. Please don't obstruct that part of my independence.
As an investor I should be allowed to invest as I please. The two experiences Ive had with financial planners, both certified and one a fiduciary, were disastrous. I lost significant amounts of money. Whereas when I have chosen my investments myself, including leveraged and inverse ETFs I have done much better.
Dont take that opportunity from individuals such as myself.
Personalized financial risk should not regulated or decided by a 3rd party. Individuals should be allowed under a freestanding republic to partake in behavior that is deemed by others as risky if it does not harm nor impose on others freedoms. This is such a case. individuals should be allowed to decide their own personal fate, not be dictated/FORCED by others no matter how well intentioned....
I appreciate your concern for my financial well-being,1 Corinthians 10:24. But it is my responsibility and decision to use those resources as I believe I should, Acts 5:4. The last thing we need is more intervention in our personal affairs. We are responsible to educate ourselves and use that knowledge as we chose.
This would be an encroachment on personal freedom and our constitutional rights.
I think shorting leveraged ETFs should be disallowed. Perhaps that'd go a way in reducing systematic market risk from these financial instruments? There are plenty leveraged ETFs designed just for shorting an index and it makes no sense to me that one might prefer shorting the ETF itself. It more easily con-volutes one's thinking than just buying the bearish ETF.
Im a financial advisor and only invest in these products for myself and have extensive knowledge in these securities and have been incredibly crucial to my investment strategy and DI NOT WANT TO LOSE ACCESS TO INVEST IN LEVERAGED ETFs. I am aware of the risks and the brokerage firms also make me well aware of the risks. Please do not take away access to invest in these securities!
I understand that an unprecedented threat by regulators is being considered. The implications will be negative in a free market and this should not take place, I have been trading long and short term leveraged equities for many years, and feel it is my right to do so I know you can stop this intended regulations being considered by the Financial Industry Regulatory Authority (FINRA) Thank you
Leveraged ETFs are very helpful financial tool for retail investors. They are important to my investment approach. It provides investors access to a basket of stocks and in general it has protection against short raids by hedge funds. Please keep these important investment options around. DO not make retail investors even more weaker by taking this tool away from them.
Do not take away my rights to decide how, when, and what legitimate investments to make. I am in charge of my financial future and make decisions based upon my situation, risk appetite, and personal goals. I can read risk documentation to understand my decisions and DO NOT want regulators determining what is right for myself and family.
As an individual investor, I find leveraged funds essential to my long-term financial plans. While I understand that such funds can be harmful to those who do not have discipline or training to use them well, many other individual investors like me use them profitably. Please do not curtail our freedom to use leveraged or inverse funds.
