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I have been invested in leveraged and inverse funds for several years and want the freedom to continue doing that. I don't need regulators choosing my investments. I am fully capable of understanding leveraged and inverse funds and their risks.
All financial investments come with risks. Yes, some people will gamble their money away, but protecting people from themselves is not the appropriate role of this regulatory body. This is not an issue of protecting retail investors from fraud. The risks are well known and disclosed.
Hello,
My name is Davis Jonland and I am a happy retail investor and user of 3x leveraged ETF's from Proshares and Direxion. Specifically, I invest in the ticker symbols UPRO and TMF in a responsible risk parity approach. These funds have personally benefited myself and my family. Being unable to invest in such funds would be detrimental to me and I humbly ask US FINRA regulators to
The current products are good and sufficient
I should be able to make my own choice on who I wish to invest in not some public regulator I am an adult and I am capable of critical thinking I dont need anyone to make decisions for me
I do not wish for further regulations on what I can or can not invest in
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 am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged funds are important to my investment strategies. TQQQ leveraged ETF is good. STAY [
Investing is a fundamental right for all US citizens and should it be stripped of them, then the economy will plumet further.
My financial advisors tell me that these instruments are a necessary part of my financial program. Please do NOT eliminate these important investment instruments. Jeannette
Do not take away my right to invest in leveraged ETFS. if you want to protect investors focus on naked short selling, corrupt analysts that publish bogus information, and large brokerages who manipulate stock prices.