Mark Kavlick Comment On Regulatory Notice 22-08
I oppose limitations on my investments.
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I oppose limitations on my investments.
I oppose the restriction on buying leveraged and inverse funds. I am an independent non professional investor. The restriction will limit my ability to protect my retirement funds.
Please do not reduce the investing freedom of individual investors. We should be free to make our own investing decisions, whether they are wise or not - that is our decision to make. This would further stack the deck against individuals, when institutional investing firms already have myriad tools and freedoms that are not given to average people. Furthermore, these firms have shown no better judgment - see Bill Hwang or the entire banking system in 2008.
Please do NOT restrict my right to invest as I choose. That is NOT why you were elected.
I dont agree with adding restrictions on public investments. I like having a variety of fund vehicles that allow me to tailor different parts of my family portfolio to best align with our plans. I am planning to use some of these vehicles to hedge retirement withdrawals, so we won't be hammered by reverse-dollar-cost-averaging. New restrictions will not prevent irresponsible individuals from decimating their familys assets because their proclivities will cause them to gravitate towards even more risky investments such as gambling.
All efforts need to be made to protect unexpecting investors from zero sum Ponzi/Pyramid/Greater Fool schemes like Crypto-"currencies"! => Why bitcoin is worse than a Madoff-style Ponzi scheme: https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0
Yes, I should be able to CHOOSE my OWN investments!!
My Choice, My Gain, My Loss!
I do understand that it is the regulators' intent to protect the naive investor but.....
Enough with absurd government regulations!!!
Hello,
I am an individual investor (albeit a sophisticated individual investor with a financial engineering degree) and being able to use leveraged inverse funds helps me hedge and execute trading strategies without having to structure the hedge from scratch (e.g., using options or futures contracts). Therefore, I strongly support general access to leveraged and inverse funds.
The additional restrictions and regulations will impede a "free- market" trading system, distorting true price discovery in public securities. It also puts greater control in the hands of certain parties (with "specialized" knowledge) who will have advantageous and timely access to leveraged and inverse exchange-traded funds. It is not fair to restrict investments to certain or select parties only.
As an investor, it is my right to have free access to the entirety of the public securities markets without arbitrary restrictions. Please respect and protect my right!