Christopher Meister Comment On Regulatory Notice 22-08
Please do not restrict small investors from investing in Leveraged Funds
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Please do not restrict small investors from investing in Leveraged Funds
I am opposed to limiting my ability to purchase levered ETFs like upro, tmf, and tna. These funds allow small diy investors like myself to gain leverage without complex option strategies.
Paired with a good risk parity style portfolio it offers less volatility than 100% equity investing and similar or greater return.
I want to be able to use leveraged an inverse ETFs as a tool to hedge portfolios in volatile markets or invest less capital with leveraged ETFs to gain exposure to a theme. I want to maintain my right to choose from these investments
Hi, please do not restrict leveraged ETFs. They are a powerful tool for retail investors to get leveraged exposure, without having to go through margin, options, futures etc.
I understand that restrictions on leveraged funds are being considered. I have been investing in leveraged and inverse leveraged funds for many years and find them a useful way to hedge and occasionally enhance returns. I always read the prospectuses and think that since they are not marginable or nearly not marginable then they present minimal risk. They are a useful tool and less onerous than investing in a basket of options, I am knowledgeable and would resent any kind of restriction on these types of investments.
Hello, I would encourage all involved to restrict regulation on these types of investments by stopping access. Use other tools. I've invested for 25yrs on my own and made money. I have also lost. I learned the most by losing and this experience motivates me to do research. Impose educational notices and let AI bots do the work. I will be able to secure financial options for charities and other do to my investments over these decades.
We should not make it harder for people to invest there own money. I do agree in that investor should be able to be given a notice, that what they are about to invest is very risky and should take it in to account that they might lose all or part of their investment. I do hope that whatever the decision is put forward that it would benefit the whole investing community as a whole. Thank you again for taking the time to read this and Im sorry for all the grammatical errors I made, I was never good at writing.
I, not regulators, should be able to invest for myself. I shouldnt have to go through special process & testing before I invest my money into leveraged and inverse funds. I am capable of understanding leveraged and inverse funds. I dont need regulators to impose measures on me. Leveraged and inverse are important investment strategies to hedge other accounts.
I've been trading and investing for nearly ten years. This is not the first time I've seen proposed restrictions to leverage ETF trading. I'm disappointed to see this coming up again. The last time it appeared was around the same time the crypto market was starting. Given the size, mess, and potential for fraud and chaos that crypto is presenting I find it infuriating that FINRA is spending its time trying to remove access to trading leveraged ETF's.
I already had to acknowledge that I knew what I was purchasing. I don't think anything more is needed.