I understand that in your efforts to protect investors from themselves you are planning to impose yet more suffocating rules and regulations. Please don't. Over regulation is running rampant and is already doing serious damage to our freedoms and productivity. Thanks for thinking of us, but please refrain.
I am one of millions who appreciate having timely and relatively unfettered
I would urge you not to place any new restrictions on leveraged ETF products. I am a retail investor and am interested in investing in these products for a small part of my portfolio as part of a high risk / high reward investment. Leveraged strategies have been used by large institutional and high net worth investors for some time and leveraged ETFs democratize access to them. It isn't
Dear Sirs- I have been successfully using leveraged ETF's that follow a multiple of either the S&P500, The Dow, and the NASDQ to bolster my investment portfolio, together with bell shaped conservative funds, using a diversified mix of funds. I am an aggressive investor. I have had success with a 10 or 15% mix of 2x and 3x bull market etf's. I have found the S&
Dear FINRA, My name is Joshua Barnes, I live in Midland Texas with my wife & daughter. Im a part time retail trader, currently working full time in the energy field, with hopes of self retirement within 15 years. Part of my retirement plan consists of trading all kinds of revenue vehicles, i.e., common stocks, ETFs, stock options, leveraged ETF/ETN, etc. For what its worth, I do recognize
Hello - I am contacting you regarding recent communication I have received from my broker that may restrict my ability to invest in leveraged and other higher risk assets. I have spent the last two years studying these securities and understand them very well. I use well thought out risk management and diversity to ensure I would never lose a large sum of money in a major market move. For
It was shocking of knowing that our regulators plan to limit our right to invest in leveraged and inverses funds. Certainly, we understand the risk of investing and the choice of risk and reward should be left to the investors. The investment choices and the type of investments should be open to all, but not just a few privileged, i.e. the wealthy ones, and the investment firms...etc. As an
I think the leveraged and inverse funds are just like many other securities or any investment that you can lose most or all your money, not to mention the above funds are not a single stock investment so they are intrinsically diversified. Individual investors like us use the leveraged and inverse funds as important tools to hedge our main investment elsewhere. The public tools should be freely
Dear FINRA,
My name is Jose Reyes, an investor in index ETFs and also in leveraged ETFs such as UPRO and TQQQ. I strongly believe that no one has my best interest in mind than myself. That's the reason why, although I have a retirement plan, I also decided to manage my own personal portfolio and for the most part I invest in index ETFs that track the S&P and the NASDAQ. Those
Regulating those kind of investment is no free market. We should be able to invest in what we want, this is our money we are talking about. I use a strategy called Hedgefundie strategy, which consist of 55% UPRO/45% TMF, and I need to rebalance quarterly to keep that ratio. My entire TFSA is in that strategy and if we can't buy any of them anymore, I will have to sell at a loss right now in
Dear sir or Madam, Although I appreciate the concerns for the well being of the citizens. I find more regulation on any investor infringing and destructive. I personally have a Ph.D. in mathematics. I spend great deal of of time assessing risks, creating models to make sure I am making the right decisions. Using leveraged funds is vial in leveraging, since you use a little bit of money to "
