Christopher Eger Comment On Regulatory Notice 22-08
This makes no sense and goes against free trading rules
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This makes no sense and goes against free trading rules
It poses a severe threat towards market fairness. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
It poses a severe threat towards market fairness. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
As an adult who has invested for decades, Im well aware of the pitfalls and benefits of investing in leveraged funds. Limiting these funds to only high net worth individuals is further assuring that only high net worth individuals can prosper in the investment world. Havent poorer people been kicked to the curb and prevented from prospering long enough? Havent regulators presumed that poorer people are stupid people long enough? Do not take away the right of adults to invest as they please.
I should be able to choose the public investments that are right for me and my family.
I should not have to go through any special process before I can invest in public securities, like leveraged and inverse funds. I am completely capable of understanding leveraged and inverse funds and their risks.
I do not need regulators to impose these measures upon me.
These leveraged ETFs are less risky than many individual stocks that are available to anyone. They are predictable- ie 2X or 3X. Individual stocks are not! The secret is getting out and the professionals do not want to share.
I oppose any restrictions to my right to invest public investments. I want to be able to choose the investments that are right for myself and my family. I believe I can understand the risk of investments. I always try to study, research and make inquiries to my advisor about these important matters concerning my financial future.
Leveraged and Inverse funds are an important part of a modern portfolio. These tools are essential in providing protection for ALL investors regardless of "accredited" status.
I dont have any problems with leveraged ETF and am used to these products. So I will ask you to continue to let us invest in them. Thanks
Please do not eliminate the ability to use leveraged and inverse ETF's to only high net worth individuals. Everyone should have the ability to choose whether they think these products are appropriate for themselves or not. There is already plenty of warning from the brokers regarding the potential dangers of these ETF's. Limiting these products to only to high net worth individuals makes no sense. People with lots of money aren't inherently "better or wiser" investors. You are just locking a segment of the population out from these products based on pure elitism.