I understand the risks of leveraged and inverse funds.
It does not make sense to restrict these even more than options which have even greater leverage and higher chance of loss.
USA is a free country.
Why should somebody decide where I can invest and how much ?
Far too much governments overreaching to control all........ !!! Cease and DECIST!!
investment advisor with decades of experience across the spectrum of investments. As i believe we are now in a bear market, i want the flexibility of protecting my clients assets. In most cases selling positions not a good option as i have large unrealized gains. Not allowing me to use VXX and/or SH is preventing me from protecting their portfolios. I resent bureaucrats thinking they know as much
Is this more government overreach? It seems so. I would think that most investors would consult their broker before engaging such products. Furthermore, people should only be investing money they can afford to lose, correct? Perhaps extra warnings are warranted, but not extra regulations.
Land of the Free..... to Invest....
The government has no right to regulate how or where I invest my money. Seems hypocritical that the people who are guilty of insider trading and backroom bribes want to control how "We the people" invest.
I should be able to maintain the right to choose my own public investments and not be forced to go through any special process in order to do so. I understand the risks and would like to maintain that I freely choose my own variety of investments including inverse stocks. What is the real reason behind this proposed restriction? The veil to the truth is very opaque and I, for one see truth and
I have the right to invest my hard earned money when and where I choose.
Live and let Live equality for all human rights isn't owned by one side nether should our future be!