Michael Incata Comment On Regulatory Notice 22-08
This is well beyond your authority
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This is well beyond your authority
I have made my own investment decisions for over 40 years and I do not want regulators telling me what I can and cannot buy and sell. I have a high net worth and use leveraged and inverse funds to hedge and protect my assets by writing weekly options as part of my overall strategy. The regulations are fine the way they are and I do not want to see any more restriction !
This ruling unfairly limits the ability to invest and profit or lose accordingly. Requiring education to the investor is reasonable but prohibiting access is rigging the game. It's understood that this environment carries heightened risk for these products. Putting a ruling like this in place now will restrict individuals access to these products in the future when risk is much lower, thus preventing access to profits.
This ruling is in no way fair to retail investors.
Please do not restrict my ability to trade leveraged or inverse ETF's. These are a great money maker for me. With respect, I probably have a better understanding of how these work than anyone at your agency.
What the heck is wrong with you? Another way to take away our freedoms. I oppose limitations on my investments! I should be able to choose public investments that are right for me and my family. These investments should be available to all of the public not just the rich! Stop trying to hurt the people who are trying to get ahead in this disgusting economy.
James madison wrote we have rights in our property and property in our rights.the right to invest to make a better life for ones self and family is according to blackstone a fundamental right which NO AGENCY CAN IMPAIR....BE CAREFUL AS YOU WILL HAVE TO DEFEND YOUR POSITION SHOULD YOU CHOOSE TO IMPAIR THE WELFARE OF CITIZENS.
I oppose the new restrictive measures. As a citizen of a free country, I believe in my right to maintain my current freedom to invest in public securities of my choosing. And as an educated retail investor, I should be able to buy leveraged and inverse funds to protect my investment portfolio.
I believe I should be able to choose my investing instruments freely.
No regulations on our investments, it is unconstitutional.
Our lives are already being destroyed by taxing us to excess. Stopping us from making money is against all our country is supposed to be about. Hands off the crypto.