Hsienchung Lin Comment On Regulatory Notice 22-08
Freedom of investment for everyone.
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Freedom of investment for everyone.
I 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 the privileged.
I use these issues to provide protection for specific positions in my portfolio, and there is often no other vehicle to that I can use to accomplish this purpose. Perhaps not everyone would be able to use these products effectively, but you could say the same thing about options, for example. Also, you should not punish people who can (and may need to) use the "complex products" because a few people don't know how to use them. They are a little less "complex" than puts and calls and straddles. I don't see what the problem is.
Stay out of my ability to invest in the crypto space enough said or you will lose the true interest in Bitcoin and this it's true value will be devalued to the point nobody will want them stop trying to regulate it
I respectfully oppose restrictions on my right to select public investments. Investors have access to a large amount of investor education, including courses, magazines, and newsletters, to help them make appropriate decisions. Investors can also use strategies such as trailing stops, position sizing, and diversification to limit potential losses and enhance their returns. I urge regulators to allow investors to make their own decisions and not limit investment choices to a privileged few.
I believe that restrictions on the ability to invest in inverse and leverage funds should not be made. I use triple leveraged funds to get greater returns/market exposure while maintaining some free cash in my portfolio to invest. These should be publicly available as it allows the average investor to have many more options available to them. Even with low amounts of starting capital, a savvy investor can get good returns. Individuals should be able to determine for themselves whether they want to trade these financial products, not regulators.
To whom it may concern,
If Direxion is going to be penalized for creating more complicated investment ETFs.. Then I hope that the retail investor will have a fair way to exit these more complex investment vehicles.
This notice will automatically make it more difficult to utilize triple leveraged ETFs etc.
I oppose restrictions to my right to Invest:
1. I have sufficient to invest leveraged fund.
2.I feel comfortable to invest in leveraged funds with profits since 2013.
Keep taking our rights away and see what happens... Free market [REDACTED]