Mary Savage Comment On Regulatory Notice 22-08
I am using UPRO and TMF in a portfolio that is balanced frequently.
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I am using UPRO and TMF in a portfolio that is balanced frequently.
I have traded stocks for over 35 years and one of the most important rights we have as investors is the ability to make our own decisions on what specific investment vehicles we choose to buy and sell. Regulators should not limit this ability for individuals and should instead focus on finding those individuals or corporations abusing the system. Anyone that is investing should do their own due diligence and determine the risk they are willing to take. I have made money and lost money while investing but I do not want someone telling me what I should or should not be investing in.
I am disagreeing with the concern and motion put forward to regulate ETF products with leverage and inverse properties. As an investor, I am capable of making an informed decision in regards to the risk I am willing to take on with my investments and therefore do not agree with the proposal to restrict these financial products to those with FINRA authorization or special knowledge. If there is an assumption that these things require specialized knowledge and are restricted to a private setting, then I am not being given the full American authority to pursue my goals with risk.
Less ts better especially when it comes to control issues by gov. This is America! The home of the Free and the brave. Right? Make it right.
I have been investing my own money from my self owned business for 50 years. I understand that these and all investments carry a risk and it is my responsibility to investigate the risk and judge what part of my assets I am able to risk. To limit my ability to invest in all products, including leveraged and inverse funds, also limits my ability to participate in the gains, when available. These investments should be available to every investor, not just the privileged.
Please don't limit my ability to invest as I choose.
Look FINRA, I can decide the right type of investments for me. I'm have made a large sum of $$ on complex investment vehicles and leveraged index ETFs. I don't need you to tell me where I can and cannot invest.
Yes, I am one of the privileged, but that doesn't mean that I should be permitted to invest in equities that other less fortunate and educated people cannot. Do not restrict these type vehicles such as ProShares from the common investor.
Regulators should not be telling my what I can & cannot invest in.
I am a long term private investor in 401.3, SEP and general investing. I do not need to have my skills questioned. My history of investing has been positive almost always.
Leveraged and inverse funds investing in are my decisions to make without regulators telling me otherwise.
I oppose on restriction to invest in leveraged & inverse funds.
I should be the one to decide what I want to invest in. There shouldnt be tests or exams to determine this first. Crypto currency is an important part of my investing strategy. Dont hurt the small time, working class Americans with these restrictions.
I oppose the proposed restrictions to leveraged and inverse funds as well as other investment strategies that are considered "risky." The primary reason I use options are to minimize my risk because I have to invest in the market. Let the buyer beware and suffer or reap the rewards of their own investment decisions.