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If Direxion is going to be penalized for creating more complicated investment ETFs.. Then I hope that the retail investor will have a fair way to exit these more complex investment vehicles.
This notice will automatically make it more difficult to utilize triple leveraged ETFs etc.
I oppose restrictions to my right to Invest:
1. I have sufficient to invest leveraged fund.
2.I feel comfortable to invest in leveraged funds with profits since 2013.
Keep taking our rights away and see what happens... Free market [REDACTED]
I totally understand about the risks and I believe that I can handle it.
I should have the right to choose my investments. I pay taxes on my income so there should be no restrictions on what I invest in.
This is a travesty, allow the opportunities that other have had and made millions because of.
I should be able to invest in the same opportunities that billionaire fund managers can invest in. You shouldn't restrict my family from opportunities that exist in the free market. Leveraged and inverse funds are important to my investment strategies.
Individual choice to invest in the securities that an individual considers the best for their financial well-being should be respected.
Leveraged and inverse funds can be an important part of one's strategy - let the individual decide, not the regulators.
High net worth individuals already have access to such products; why deny the same right to low net worth individuals?
Respect for
Why are regulatory busybodies thinking that I am 3 years old and need to be "protected" from myself?
I'm a grown man and can make my own decisions. I strongly resent any attempt to deprive me of this right.
My trading plan uses leveraged ETFs as a part of reducing the volatility and risk of my entire portfolio.
I insist that no changes be made to rules/regulations
Please do not limit my ability to take care of my own money.