Kelvin Jasper Comment On Regulatory Notice 22-08
Let freedom reign. Current requirements already have built in protections.
Why does it seem every governing authority is bought off by big money interest groups looking to screw the little guy?
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Let freedom reign. Current requirements already have built in protections.
Why does it seem every governing authority is bought off by big money interest groups looking to screw the little guy?
I use inverse funds to hedge my investments. I am fully aware of the risks involved with leverage and I understand how inverse funds work. Additional restrictions will only limit my ability to protect my investments. I have already used options in the past to leverage and to protect positions. But options are time limited and expire. I have found that leveraged and inverse funds are actually safer since they do not have an expiration date. I only need to be correct about the direction and not both the direction and time frame simultaneously.
The choice should be mine
Dear FINRA, It has come to my attention that you are considering restrictive regulations on various final investment options that are currently offered for public investments. I am a small-time investor and do not have the same type of wealth that hedge fund and wealthy investors have so, I appreciate having the type of funds that are available today which offer various well-defined strategies. This gives me the option to invest in some of the same types of strategies that the big players use. For example the use of leveraged and inverse leveraged funds.
Too much regulation is not a good thing. The rules are arbitrary and put forth because of one particular type of investment. It could lead to literally any stock investment having restrictions, leading to unnecessary volatility in certain situations.
Dear Sirs, I have been investing over 40 years and understand that investing involves risk. Especially leveraged funds. However, I feel the potential advantages of the leverage afforded by leveraged funds provide an opportunity to improve the performance of my portfolio. Life consists of risks and they cannot be eliminated. Please do not restrict my ability to amplify the returns of a small portion of my net worth.
I vigorously oppose any and all restrictions to my right to invest how I see fit for my family and our unique circumstances, including limitations or prohibitions on investing in leveraged and/or inverse ETFs. I am retired and have been investing many years and understand the complexities and risks of the products in which I invest. Elitists in the government should not be dictating the instruments in which I can and can't invest, nor should they be introducing new qualifications and processes I have to go through to utilize those instruments.
To the FINRA I oppose limitations on my ability to buy the funds. Want to maintain the freedom to invest public securities of my choosing.
Please allow us to invest.
I dont need or want any regulations by the government or any one else as far as investing of any kind. What and how I spend my money is my business and my responsibility.Therefore I oppose FINRA Regulatory Notice #22-08: