Kazushi Tatsumi Comment On Regulatory Notice 22-08
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.
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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.
I oppose restrictions to limit my right to invest.
I oppose restrictions being implemented that limit my investment choices. I have used a few of these products safely without the need of regulation. No one should have to go through special processes to invest in these securities.
Inverse funds provide a far safer way to hedge investments to the downside vs. shorting stocks directly. They play an important role in any portfolio.
I write to oppose this proposed regulation. Baring the little guy, the average American, from having the same investment tools as the sophisticated institutional investors only perpetuates keeping the poor poor and the rich rich. It flies in the face of our capitalist system. It does nothing to "protect" investors. As an investor I could legally go to Vegas and lose every penny in a casino overnight, but this regulation would prevent me from investing in an SEC regulated and approved, fairly commonplace investment strategy.
If investments are available on the open market you should be allowed to purchase in your accounts without regulatory interference.
Here in USA we believe in freedom, and that it bears responsibility for your choices, including the potential loss of invested principal. While i'm not really concerned about a knowledge test (which i find tho useless, easy to cheat on and just another taxpayer and investor added cost), brokerage approval or certifying reading the materials, as we do believe education is important before making an investment decision, i do oppose limitations that would make these innovative alternative investments unavailable to the general public, retail investor, including me: 1.
Stop interfering in our wonderful free markets.
I, not you are best able to determine what types of investments are best for my wife and I. WHY are you proposing regulations that may limit my ability to structure our investments the way I have successfully done for over 50 years, in part using leveraged and inverse funds? Are you trying to protect investors from themselves, perhaps trying to reduce volitility in the markets, or just have time on your hands to think of something that may "do good" for investors?
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.