Wenbo Liu Comment On Regulatory Notice 22-08
I am against this proposal, it is investors' right to choose any products they like.
Wenbo Liu
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I am against this proposal, it is investors' right to choose any products they like.
Wenbo Liu
As an investor I should be allowed to invest as I please. The two experiences Ive had with financial planners, both certified and one a fiduciary, were disastrous. I lost significant amounts of money. Whereas when I have chosen my investments myself, including leveraged and inverse ETFs I have done much better.
Dont take that opportunity from individuals such as myself.
I am aware of the risks involved with leveraged ETF's I do not need new measures imposed on me,
Thanks
Please keep leveraged funds, I'm a small investor who's informed in my knowledge of how to trade and invest. My strategy is to buy and sell when it's going up but hold on when going down, so I'm not causing volatility in a down market or contributing to exacerbating a market panic. Please keep markets as free as possible. Thankyou
There are already several restrictions in place that make the public markets unfair towards those who are not institutional or professional traders as is demonstrated by the GME debacle. The risks of leveraged products are well advertised and there should not be government restrictions on those who choose to take those risks. Leveraged investments vehicles as those from ProShare/Direxion provide a cheap way for the home investor to include some leverage in their portfolio and even the playing field with large institutions who have cheap access to leverage the small investor does not.
I strongly oppose any new regulations regarding leveraged and inverse ETF's. I am not a high net worth individual. I depend heavily on these instruments to grow and secure my own retirement and savings. The risk I take is my own to manage, not anyone else's. Regulations are supposed to protect people like me, not reduce the tools and opportunities I have to improve my economic well being. Preventing me from using these instruments shrinks the tool bag I have to grow my wealth.
Dear sir/madam,
I purchased a lot of shares (about 100000 shares) of YINN in both cash and IRA accounts around $8. It is trading about $4.00 today. I would like to have the trading ability of this ETF until it comes back to its original price. I am 60 years old and don't have a normal job. My wife was laid off this March. Potential loss of 400-800 thousand dollars will have a great impact to our life.
Please keep my request of trading ability.
Thank you very much.
Finra, you should investigate big hedge fund who are manipulating the market rather than going after small guy. People know what they doing when they invest in leveraged funds. There are clear warnings from broker. These securities do not pose any significant risk to the market. In fact, these securities are the safest way to express bull or bear interest in particular sector or broad market. Stay away and do your real job.
Theses leveraged ETFs have been in place for many years and serve investors well. They ate flexible and trade efficiently Thanks
Hello,
I utilize a volatility averaging strategy for part of my portfolio. Leveraged products such as TQQQ and MVV are essential tools to maintain the strategy. I am asking you to not make it onerous or impossible for a self-directed investor like myself to make use of these tools.