I'm an ordinary person and I routinely use leveraged and and inverse ETFs to take advantage of special situations at a minimum of risk.
TQQQ, for example, allowed me to gain exposure to the tech market during the COVID-19 bust with only a small fraction of the capital commitment that it would have otherwise taken. TBT enabled me to hedge against interest rate rises without having to
Dear Regulators,
It is very important that ordinary investors, including those beginning with modest means. Everyone knows cryptocurrency investing has high risks, just like other investment types, but it also had the potential for immense earnings, and that should not be limited to those already rich.
But even more importantly, I am concerned that this is an effort to sabotage the cryptocurrency
Id like to offer that further restrictions or changes to what qualifies an investor to use leveraged and or inverse products are not needed and can cause damage to the portfolio of investors beyond the governments tools that already cause damage, add unneeded complexity and detriment to retail investors. It is disengenuine and presumptive to allow the fed and various lending facilities to manage
Hi, please do not restrict leveraged ETFs. They are a powerful tool for retail investors to get leveraged exposure, without having to go through margin, options, futures etc.
- I should be able to choose the public investments that are right for me
- I shouldn't have to go through any special process like passing a test before you can invest in leveraged funds.
- I am capable of
I am vehemently opposed to restrictions to my right to invest in any and all leveraged and inverse trading funds.
I believe 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,
not just the privileged.
I shouldn't have to go through any special process
like passing a test
The Series 24 exam — the General Securities Principal Qualification Exam (GP) — assesses the competency of an entry-level principal to perform their job as a principal dependent on their corequisite registrations.
It is invaluable that you continue to allow access to asset trading of crypto currency futures etfs and frankly any asset available to professional traders. By restricting trading of these assets to high net worth individuals you continue to promote a society where the wealthy have more opportunities for wealth growth than the average person. You may deem that it's better for average
I oppose restrictions to my right to invest in public investments. I not regulators 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, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, including cryptocurrency
Leveraged and inverse funds are important part of my family investment strategies. We, not regulators, should make the decision about public investments.
Don't be fooled by those who think investors are need more government oversight. We are smart enough to understand these products. They play a role in letting the small investor protect and enhance their investments. Small guys like me
Comments: 1. I agree that while allowing investors to trade Options, they need to understand the product well. This can be ensured by (a) looking at their qualifications and /or experience in Finance; (b) if (a) is not satisfactory, then look at their tranck record of trading options to see if they have made 75% or even up to 90% losses; if so, they need to undergo educational guidance before