Deborah Prost Comment On Regulatory Notice 22-08
I oppose the restriction of me not being able to invest in what i want..... DO not regulate my investments in funds such as PRO SHARES.
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I oppose the restriction of me not being able to invest in what i want..... DO not regulate my investments in funds such as PRO SHARES.
Leveraged and inverse funds are important to my investment strategies. These leverage and inverse funds help protect (hedge) my investments and provide enhanced returns, and are as a limited part of my overall portfolio.
I am a retiree who has invested for years and I have come to rely on leveraged index funds to provide the long term returns needed for retirement. I fear if this investment option is restricted or eliminated that I and many others would simply not be able to save the funds needed in todays economic environment. Please do not restrict my ability to support myself.
What law or authority dictates the need to regulate people who buy and sell leveraged and inverse funds? Investing in the stock market is risky, but people have successfully invested for hundreds of years and many people have not been successful. I have invested in stocks for over 60 years and have lost money and have made money. I have gambled many times and have always lost money. Before hamstringing investors, the same restrictions should be imposed upon gamblers because I have seen the terrible impact that gambling can have on people's lives.
Do not want regulations on how I can invest my money.
We have the right to make $ too.
Regarding FINRA Regulatory Notice #22-08
Each investor should do the necessary research to better understand the risks involved.I strongly oppose any new regulations that would hinder my ability to invest in all leveraged and inverse funds.
Another freedom of choice the Gov. is trying take from me, I have been Investing in Leveraged & Inverse Funds for many years, I fully understand the risks that apply and fully capable to deal with them.
Leverage & Inverse Funds are an important tool in my Investment strategy.
It is my right to invest my money as I see fit, I don't need you to guide me.
On the other hand , if you want to protect me as an investor look into who is Manipulating the Stock Market, that would be helpful to all of us
If leveraged funds are restricted to accredited or wealthy investors only, the wealth gap in the country will increase as the rich get richer in sophisticated products while everybody else languishes in plain old index funds. The system is already under question by common investors investors. Leaving products only for the few will certainly intensify any mistrust.