Given that our government continues to promote low interest rate environments where elder savers are punished, inverse etfs are an excellent tool to hedge income based stock portfolios. Instead of focusing on singular market events to evaluate etf tracking error, the government should endeavor to actually study long term inverse etf tracking error and counter party risk. Leveraged etfs are
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you. FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used
I not regulators should be able to choose the public investments that are right for myself and my family. Public investments should be available to all of the public, not just the privileged! Leveraged and inverse funds are important to my investment strategies. The leverage and inverse funds protect my investments and enhanced returns and are very improtant parts of my overall portfolio. I have
I am opposed to you limiting the investments I can invest in. I have a masters degree in Finance and have been managing my own money for 24 years. I should not have to pass a test or demonstrate high net worth to be able to invest in leveraged or inverse ETFs. I know full well the risks involved and I use leveraged ETFs as a vital part of my overall investment strategy. These types of investments
I strongly oppose limiting access to public securities for the select few who pass unnecessary tests. The public is perfectly capable of reading and understanding a prospectus and the associated risks and making wise investment decisions for themselves and their families. The securities under consideration for additional regulation such as leveraged and inverse funds are a key strategy to my
I have used leveraged funds in all my accounts both retirement and taxible accounts since they have been available. I use the funds in several ways one as a hedge and the other as part of a longer term strategy and am aware of the risks associated with these types of accounts and how they operate and close out positions each day. I do not want to have to jump through any more hoops to be able to
Please regulate the manipulation of our free market system. Companies should not be able to bypass rules set in place following 2008 or we risk another black swan event and lack of trust in our financial system.
Mr. Chairman and Members of the Subcommittee: NASD would like to thank the committee for the invitation to testify regarding securities arbitration.
I run a systematic investment plan where leveraged ETFs are the key component. These funds are extremely important to my investment plan and have provided me with improved performance over the long term compared to standard market measures. I fully understand the leveraged effect the funds and use it in a responsible manner to my advantage. I do not want or need a third party evaluating my
The events leading out of Jan 2021 and continuing into this year should make it abundantly clear that leaving any positions unreported or obfuscated results in a lack of faith in the fairness of US markets. That paired with a speculative bubble puts all investors at risk. I request that FINRA pushes for more reporting of short positions.