Randy Kight Comment On Regulatory Notice 22-08
Any rule that keeps me from purchasing something that doesn't harm anyone is not in line with a free people
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Any rule that keeps me from purchasing something that doesn't harm anyone is not in line with a free people
If my financial planner or I review a registrred ETF, Mutual Fund, stock, bonds, etc, inclusive of its prospectus for an investment and if after said review I deem it approved as a viable investment, why should the government tell me I cannot do so? Isn't it within my rights to do so?
At 64 years of age, holding 7 professional certifications & having experience in industrial, education, medical, law, & CPA/Financial Planning fields, I feel I am more than qualified to control & invest my retirement funds as I see fit! I DON'T need FIRA to "save" me from myself! The option to invest in PUBLICLY traded funds should be just that - an option for the general PUBLIC, not just the wealthy. This is DISCRIMINATION at the highest level. SQQQ has been an invaluable portion of my retirement that I am counting on going forward.
My ability to study market trends and use a small portion of my retirement account to invest in an inverse leveraged fund, has been a wonderful tool for me. It has allowed me to make postive gains while my regular 401k has dropped in value. I want my rights as a small investor to be honored, and not infringed upon. This should NOT be an investment vehicle for the rich and powerful only, but for all investors who apply due diligence. Please respect my right to be a small, individual, ProShare investor. No further regulations are necessary.
You're making a big mistake not allowing everyone to invest where they want! Let everyone invest in the funds they want to invest in!
Greetings,
I am a retail investor and have enjoyed (carefully) investing in inverse and leveraged funds.
I understand the concern and desire to protect individuals, but to gatekeep these investments isn't helpful -- it's controlling.
I need approval from my broker to do things like short-sell because I could owe more than I invest, and that makes sense. But inverse and leveraged investments aren't as dangerous as shorting, in fact they're safer alternatives.
Stop regulating and thinking of more ways to tax middle class investments
I want to maintain my current freedom to invest in public securities of my choosing.
I want the government (regulators, or whatever you choose to call them) OUT OF MY BUSINESS!!
Please don't change the cryptocurrency rules.. you already tax it.. thank you