I manage a small RIA firm. In one of our strategies, we use a leveraged S&P 500 fund for some of our clients several times a year when our indicators show the market is trending strongly. We have stops in place and usually exit the position after a few weeks. For several years, we have been able to give our clients some extra return with very little added risk. Please do not take
Individuals not regulators should be able to choose the public investments that are right for them and their family. Public investments should be available to all of the public, not just the privileged. One shouldn't have to go through any special process like passing a test before one can invest in public securities, like leveraged and inverse funds. We are capable of understanding
The right to freely invest our money is no different than any other fundamental freedom in this country (although many are constantly under attack). Consumers have both the right and responsibility to educate themselves about the risks & rewards associated with any investment, make the personal choice, and accept responsibility for it. Financial regulations always have the perverse effect
I believe I have the right to use leveraged or inverse ETFs as part of my investment strategy. Since shorting stocks is not allowed in a retirement fund, inverse ETFs give me the freedom to take advantage of situations where market conditions are unfavorable. Likewise, options can be used at far greater risk than leveraged ETFs. That said, some might enjoy the use of options to hedge a large
I oppose any restrictions on my freedom to invest in the stock market. This is a overreach by the SEC. I use leveraged funds in my day to day trading to increase returns minimize losses in down market situations. I have been using these type of funds since 2018. I should not have to go through any special processes, approvals or delays in trading. Its my money and the right to do as I wish with
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, in the spirit of free-market capitalism. No one should have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds
I have been Trading Stocks & Options since April 13 1963 when I Turned 21 . My First Exposure was a Brokerage Firm at 30 Rockefeller Plaza in N.Y.C.
I have been very Successful over the last 59 years and I Understand the Risks Involved in Leveraged - Inverse Funds. My Roth Ira is the only Account - I use for this Type of Accounts . My Wife and I have many other Accounts at other
Dear regulators, I am very concerned about your new proposals to limit the ability of individual investors to invest in leveraged or inverse funds. While this is being pursued under the guise of protecting individual investors, it instead harms individual investors by limiting their ability to invest in vehicles which are available to institutional investors. While I can understand having
FINRA -should not limit my choose to invest in leveraged and inverse funds. With inverse funds I can still manage to potentially make gains in an IRA account as I cant short in this type of account. If you limit this I can only go down. I have a collage degree and understand the risk associated with any type of trading or investment. I have gone to school for trading and am doing what I love to
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EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC) has approved an amendment to Article III, Section 28 of the NASD Rules of Fair Practice requiring an associated person to notify the employer member in writing