Meng Jiang Comment On Regulatory Notice 22-08
people should be able to decide for themselves on what they can buy/ not buy. Especially we are all adults
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people should be able to decide for themselves on what they can buy/ not buy. Especially we are all adults
Keep your Greedy hands limited to everything else.
Regulators have no right to restrict or limit investment decisions made by private citizens. The proposed regulations are onerous, burdensome and impractical. Investors must have the ability to protect themselves in a down market.
Please do not place any restrictions on any of my investment choices! I am able to decide what risks to take and how much risk that I am willing take!
I am an experienced investor, self-educated, who has used leveraged and inverse products to great effect, to protect existing financial assets, and to responsibly participate in market uptrends, for my family's wellbeing. I am aware, given the abundant statements from brokers and financial media, of the effects of price trend and volatility on leveraged products' returns. Responsible investing in these products is less risky than casino gambling, which has limited regulation.
With the world economy in the state it's in, it's imperative that investors have the right to invest where and when they so choose, without any regulations. I've been investing in leveraged and inverse funds for year, and fully understand all risks and rewards associated with them. Leveraged and inverse funds have helped me meet my retirement goals with their enhanced returns, and helped protect my portfolio during bearish cycles.... I strongly oppose any regulations being considered that may limit my ability to invest in them.
Thank You
Please stop with the limitations on my investments. Every change has its consequences and negative effects. Thank you.
FINRA is violating their role in protecting the public by grossly overstepping their boundaries by unilaterally deciding what type of investments are deemed appropriate. There is absolutely nothing wrong with investments like leveraged product. As long as the proper disclosures of risk are disclosed, these type of investments are no more riskier than equity options and other investments.
Instead of denying my right to own leverage etfs in the name of the public good. Why not investigate the Ark Fund by Cathy Wood. Her investors are getting hammered. I, we and the rest of the public deserve and demand to have products to help defend our money from the Federal reserve, the us treasury and mistakes by congress. Leave us alone
SEC is [REDACTED] Not investor friendly