Roy Peer Comment On Regulatory Notice 22-08
I oppose any new governmental imposed restrictions that would in any way limit or impede my ability to buy and sell market Funds.
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I oppose any new governmental imposed restrictions that would in any way limit or impede my ability to buy and sell market Funds.
Please do not create a caste system of those able to invest and better themselves and those who are not.
Please do spend this energy on financial education and enforcement against fraudulent actors.
I do not appreciate the government telling me what the right investments are for my family. I also do not like the government making one set of rules for the middle class and another for high net worth individuals on wall street. Please leave crypto investing alone, there were 85,000 new millionaires from cryptocurrency alone last year and I like to invest in worthwhile projects in that space. Any president that oversees and allows cryptocurrency to be curbed in any way other than rooting out fake projects will sound the death knell for their political party.
I oppose the regulations currently under consideration that would constrain my rights to choose investments that are best for myself and my family. Nor should there be any convoluted, special process that is used to deny my rights to trade in investments in leveraged and/or inverse funds which are often important to managing risk in any investors portfolio. I have substantial experience in investing and do not need BIG Government protection in such matters!
Leveraged and inverse funds play a critical and essential role in my investments, particularly in times like today where the risk of a recession requires the tools to hedge my portfolio. With both bond and equity investments declining in value, as a super senior citizen I can't afford to have my portfolio gutted by inflation and bad economic management by my government.
Government has absolutely no business in my money or investments
I am opposed to the Extreme regulations that you want to put on people who want to invest.
I am an individual investor not having high net worth.
I use leveraged funds with a small amount of my investments as a hedge. I don't use margin.
I have been doing this for decades. Losing this option would be unfair.
In no, way, fashion shape or form does the government have any business telling investors whether they are 'permitted' to invest in any investment and this includes but is not limited to:
1). the regulators have no business telling me what I can or cannot invest in. this is way to much control on their part.
2). I shouldn't have to prove I can invest by going thru some sort of test. its my money and I'll invest anyway I like.
3). I seek enhanced investments like pro shares to increase my overall return for my children and grandchildren
Everyone or no one. Complex strategies should not be limited the domain of the well connected and or large banking firms, while restricting access to the general population.