Patrick Foster Comment On Regulatory Notice 22-08
Please do not restrict my rights!
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Please do not restrict my rights!
Please note I've been investing with 3x leveraged ETFs (e.g. TQQQ) for over two years with no concern about the volatility of these instruments. The math should be simple for most people .... if 3x the underlying security, then invest only 1/3 of assets to obtain equivalent volatility of underlying security. This has proven to be beneficial since more funds are available to invest in more conservative funds to obtain less volatility of the total portfolio.
I am a senior tax specialist and this sounds to me like just another way for the already wealthy to place obstacles in the way of those trying to create wealth of there own
I want to make my own decisions of what & where I choose! I demand that my government keep you slimy hands off our freedom!!!
I shouldn't have to go through any special process like passing a test before I can invest in public securities,
including cryptocurrency funds such as BITO. I believe that I am capable of understanding cryptocurrency funds such as BITO and their risks.. I do not want or need
these measures imposed on me.
Patrick J Sherman
I am against this regulation, as it will waste taxpayers' money on restricting free trade, which is all Wall Street is about.
I oppose limitations on my investments!
Don't mess with my crypto!
I understand that you are considering legislation that will further restrict investors from investing in a broad range of public securities designated as complex products. We already receive prospectuses which spell out risks. What is your reasoning for adding more restrictions? As a small investor I want the right to invest in any publicly traded stock or ETF of my choosing. We do not need more government control. If you want to help investors take away paying taxes on investing. It is tough enough making a profit in the market without the government taking a share of any gains.
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 and not just the privileged.