It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
I should be able to invest my money the way I choose to invest it. My money my choice. Thank you,
I do not need regulations on risk. For a market to be fair, I must be able to assess my own risk. At the most, offer a signature requirement to accept risk. I do not hold anyone but myself liable for any losses that I have taken.
I have been using inverse funds as a hedging tool since they were first introduced. I am currently using them to minimize portfolio damage, both in equities and fixed income. I am not a "licensed professional" but have been doing self-directed investing for over 50 years. I am totally opposed to any restrictions on my ability to invest in all available funds beyond those
To whom it may concern,
Leveraged funds play an important role in my overall portfolio management program. I am fully aware of the volatility that these funds experience. I use this fluctuation to enhance my returns, although I rarely trade them. I usually just buy them and let time provide the returns.
I feel that investors are fully aware of their decisions and regulators should not question wisdom and/or knowledge of risk involved taken. Markets do have risks and should not be viewed as a casino. Real investors do know of risks involved.
As a small independent retail investor I find leveraged and inverse funds a valuable tool in hedging my investments. They enable me to ride out ups and downs of the market without having to sell, short, and/or rebuy securities in turbulent times. Such funds are an invaluable asset, and access to them should not be denied, or limited to high net worth, professionals.
I find the very premise that in the largest capital market system in the world, there are regulators that are attempting to not allow inverse or leveraged ETFs. To say this is disingenuous would be taking it easy. Lazy is another word. Brokers, and financial advisors exist for reason as does compliance departments. The reality is the average investor is not going to know how to short or buy
I agree that investor education is critical and that both high level and detailed materials should be made more available that explain these products in terms that the average investor can understand. I oppose putting hurtles in the way of investors who want to use these products. Net worth limitations would be especially egregious.
Please stop regulating everything and everyone. Thank you.
