Lisa Lam Comment On Regulatory Notice 22-08
I oppose restrictions to my right to invest
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I oppose restrictions to my right to invest
Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to my investment strategies.
I believe investors should be free to select the securities they deem best in pursuing their investments goals without restrictions or special processes/requirements.
I use TBT and PST to hedge the market and my bond positions. I don't see how these are any riskier than commodities or options. If you fill out a brokerage application for options, you should be able to use these.
I oppose the regulation.
As investors, we should be allowed to buy leveraged index funds at our own judgments.
I should be able to choose the public investments that are right for me, without the government putting restrictions in place such as a test to determine my fitness to invest my own money. It is my hard earned money and I can invest it as I see fit. Leveraged and inversed funds are important to me in my overall portfolio.
Should remain available to everyone.
Dont need you to mess with this
I have been investing in leveraged ETFs for at least 30 years.
It is very unfair to see my TQQQ s dropping from almost $90 to the current level of $36, I kept adding to my investment as the price dropped and now that I have the opportunity to buy cheaper regulators want to prevent me from investing to add to my devalued position. I know exactly what Im doing, it is on my own risk and the US is a free market economy (or so I was told)