Leveraged ETFs provide a valuable benefit to shareholders of all kinds. They generally allow exposure to go long or short an index and magnify that exposure, without the use of complex options which can quickly destroy a portfolio just by the passage of time. I personally use these leveraged ETFs to take advantage of making trading profits such that I not dependent on a buy and hold strategy or
If an investor is savvy enough to invest in a leveraged ETF, then its their option to. Do not take that option away from them.
I am an everyday investor but have found leveraged funds to be a huge benefit. Do not limit our ability to make money and limit it to yourself, large corporations, and politicians.
What you are proposing is completely unethical and will only exacerbate the already growing wealth gap in America. A leveraged S&P 500 fund is an excellent vehicle growing wealth. Even people with just a few bucks in their Robinhood account can invest in it. You should drop your support for this bill for the same reason you wouldn't support the government doing this for
Free markets only work if regulation / government intervention does not impede them. Any reason for limiting investor access to any investment vehicle (after providing warning of complexity for novice investors) is likely anti-free market, and definitely government overreach. By allowing certain investors to invest in these funds, and not others, if obviously fraught with issues. The logic
I should be able to choose the public investments that I choose to invest and not go thru any special process before I can invest. Why should regulators put restrictions on my right to invest to leverage my accounts? I don't need regulators to impose any measures for me to invest.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I do not
need these measures imposed on me.
I oppose restriction to my investing choices I am well aware of the risk involved .
As an investor, an adult an an American, I am continually amazed and disgusted by bureaucrats who think that they are better qualified to decide what I should do than I am. The US Government is entirely populated with incompetent people who constantly stick their noses in the business of everyone else while their own employer is $30 trillion in debt and can't even perform the most
This is unnecessary and would be something I oppose.