Philip Rosensweig Comment On Regulatory Notice 22-08
I use these products to hedge investments in current down markets.
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I use these products to hedge investments in current down markets.
The investors should have the rights and options to choose how to invest. Regulations should protect the interest of investors and holders of the ETF regardless of leveraged or non-leveraged. I oppose to close the leveraged ETFs.
It is more important than ever for the average investor to have access to leveraged products. Especially with inflation rising, these products can provide an amazing hedge.
I oppose any restrictions on my freedom to invest my money.
[REDACTED] I earn my money and I don't want to be told how I can invest it. The truth is that no one bothers to understand who you are, how to harm your career and your personal financial situation, etc. That can change. People need to fight back against their loss of financial freedom, freedom of speech, and the other freedoms our ancestors literally died so that we could have.
To my knowledge, public investments are available to all of the public, not just the privileged and I oppose your restrictions on my right to invest. I am aware that all investments come with a certain degree of risk, especially when you combine normal risk with the lack of transparency, T2 trading platform, recent rumors of Market Manipulation, Dark Pools, Fails to Deliver etc. I selectively choose to invest in companies which I believe will have profitable earnings and favorable returns. Your interference upon my right to invest are unjustified.
Allow poor people struggling to make ends meet to freely trade Crypto without being taxed again. This help will go a long way to wage war against joblessness , daily crimes ; decongest prison & promote safe society. Allow the poor to survive & live better .
I take extreme exception to your proposal to limit my access to buying any particular class of public funds. This is part of my investment strategy; I employ it as a hedge in my portfolio. It does not require special training or skills to understand the potential risks and benefits of using leveraged and inverse funds. It seems more likely to me that this is just another ploy of the privileged to manipulate and control the free market system, thus preventing people like me from protecting our investments and possibly capitalizing on volatile trends in the economy.
I oppose any restrictions to my right to invest in leveraged stock funds. We are fully capable of reading and understanding the risks and opportunities of these type of funds and don't need further regulations by public self-serving bureaucrats. Please leave us alone!