Richard Ford Comment On Regulatory Notice 22-08
I oppose this regulation
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I oppose this regulation
The ability for individual investors should never be restricted or otherwise limited by the Government. Investment opportunities should not be limited. Investors are capable of making decisions and should not have their hands tied in doing so by having regulations put into place that limit their ability to make their own investment decisions.
Implementation of this regulation to limit investment opportunities should NOT be put into place.
I invest in different securities to protect myself mostly from government decisions like this one. If this new policy is put into place I will most likely lose even more money from government incompetence. The congress over spends our money and produces nothing. The government needs to put their efforts into protecting our security and our economy.
Government regulations need to stop interrupting American citizens lives by taking away our freedom of choice and speech. We should be able to invest as freely as anyone else no matter their status or financial state. Free to choose is the right of ALL Americans. You have no right to take this away from anyone!!
It is not necessary to implement additional regulations on leveraged and inverse funds. It should be up to each investor to decide what to buy. Regulators should focus on hidden fees and unethical business practices that banks engage in.
This proposal reeks of special interest and lobbiest trying to eliminate these trading products from the retail investor so that only the "pro" traders have access.
I use these products to protect, and hedge my wealth from episodes like the 2010 flash crash. Taking away the tools that allow me to protect my account from predatory traders is akin to giving these parrasities the green light to further skew the already uneven playing field.
Please let us continue to utitlize inverse etf's, these are essential to protecting my retirement nest egg as we go through periods of volatility in the market. I use them to hedge my positions in stocks without having to sell any stocks and incur long term gains or excessive trading of those assets in ira accounts.
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. Not only I think I have the right to share my views, but I trust the regulators will hear my concern and my right into consideration in deciding whether to move forward! Thank you for taking action.
Dont do this. Regulation has its place and is critical for truthful reporting and legitimacy of entities but this goes too far. It is not the place of government agencies to decide what the public can or cannot invest in. The United States financial system is not perfect but this is a solution to problem no one has asked to be fixed. Our capital markets offer tremendous opportunity to everyone and this regulation would tip the scales against the general public.
FINRA,
This new rule seems to badly discriminate against small personal investors. Why are you chasing me out of my current positions in leveraged ETFs? It is a bad plan to make the market for leveraged funds an oligopoly because it comes with the exclusion of disciplined personal investors who are capable of accepting risk.