Michael Harrington Comment On Regulatory Notice 22-08
Leveraged ETFs have been helpful in my retirement planning. I am aware of their risks and limitations
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Leveraged ETFs have been helpful in my retirement planning. I am aware of their risks and limitations
I have been investing in leveraged funds for many years and have been doing just fine. I should not have to go through any extra steps than I all-ready do when I research what I'm investing in and how I plan my portfolio. Regulating these funds would be detrimental to the future of my retirement plan.
Please do not do this to retail investors. We have a brain capacity to think and know the risks that are associated with certain funds. Its our money, so we have the freedom to use it however we like, and you have no right to take it away from us.
This is such an asinine regulatory action.
Let investors make their own decisions.
Regulations dont stop gamblers from gambling in casinos.
So regulations shouldnt stop people from actually developing and using complex investment strategies and complex investment products.
This regulatory malpractice because it prevents the people who need to use protective options the most from having access while making sure the rich don't lose. The regulations needed should be to ensure retirement funds have funds available with protective puts or other safeguards. Brokers not telling people about these is shameful. Trying to regulate against the short side is scandalous. You will be rigging the markets to benefit the rich. No way. I have an 8th amendment right and a 5th amendment right to control my property and make investment decisions.
I would like to chose funds for my own investments and wouldn't like to have restrictions on it
This is a disgusting overreach by the government.
Retail investors and retail traders should be allowed to invest and trade in whichever financial products that are available to them. We sign numerous disclosures and acknowledge numerous warnings that are standard and provided by our brokerage platforms. We have the capacity to engage in this and should be allowed to take risks as we see fit, and take responsibility for our own actions.
Here is another example of the big and Privaledged people get some advantage and middle class are excluded. I use these as a market hedge rather than shorting with unlimited risk. It is my money and my decision on how I use these and why do I need to prove that I know what I am doing? It is the same as any other ETF investing product offered accept it can be double or triple percentage moves which is useful when hedging.
I want the freedom to invest in public securities of my choosing.
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 the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies. They help me protect (hedge) investments or seek enhanced returns, I use them as a limited part of my overall portfolio.