Joel Eskelsen Comment On Regulatory Notice 22-08
I wish to comment that I oppose the restrictions proposed in the FINRA Regulatory Notice #22-08.
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I wish to comment that I oppose the restrictions proposed in the FINRA Regulatory Notice #22-08.
I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just privileged. I should not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies.
1. Investor should be able to choose the public investments that are right for them and their family.
Public investments should be available to all of the public, not just the privileged.
2. Leveraged and inverse funds are important part of investments or seek enhanced returns and if used them as a limited part of your overall portfolio return.
Freedom to evaluate my own risk tolerance and invest in leveraged or inverse funds as registered securities on listed exchanges is the essence of a free market. I abhor the idea of more regulation vs less and strongly oppose proposed regulation that would inhibit my abilty, my liquidity and freedom to choose such investments.
I should be able to choose my investments in keeping with my strategy. Public is public not just for a select few. Keep it open.
I have 15 years experience trading leveraged ETFS
I have invested since 1998.
The only "game" in town is Government backed digital currency, a corrupt USSA government, and a worthless fiat, paper money.
Gotta go. Need to buy more silver.
Less government = less stress for non government humans.
I want to keep my right to invest using the TD Ameritrade. I will be able to choose the public investment that are right for me and my family. Thanks.
I use leverage to build capitol. With the exception of the January, February 2022 pivot in the market I have done very well in leveraged accounts. Perhaps a limit of 30% of your total account should be available for leverage would be a better solution for those who tend to leverage to much. Thank you for your consideration.
Max
I consider my Pro Share investment an important part of my investment strategy. Changes or restrictions could materially negatively affect my investment.