Paula Simon Comment On Regulatory Notice 22-08
Public investments should be available to everyone, not just the privileged. No one should have to pass a test before they can invest in public securities, including cryptocurrency funds.
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Public investments should be available to everyone, not just the privileged. No one should have to pass a test before they can invest in public securities, including cryptocurrency funds.
Note: Derivatives or leveraging is an everyday tool used to maximize profit. I understand leveraged and inverse funds and I know how to use them and there should be no outside interference in my usage of them. When the trend is up, I'm long the market and when the trend is down, I'm short the market. You have no right to limit my profit.
It's critical that my ability to trade leveraged and inverse funds is not blocked. Leveraged funds in particular are a critical part of my investing strategy. It doesn't seem fair to restrict access to investments such as this.
keep your big nose out of peoples business
I strongly disagree with any government or regulator-imposed restrictions regarding investment in inverse and levered ETFs. These are a key part of my investment strategy, especially in my 401(k) account where I am unable to hedge and take a short position in securities and am unable to purchase (be long) options.
I am writing to protest the planned FINRA regulatory notice #22-08 that would restrict my right to invest in leveraged and/or inverse ETF products. These types of investment products are not for everyone but they do serve an important role in hedging and investment strategies for experienced investors who understand and can managed the inherent risks. Furthermore, banning these investment products would unjustly devalue the private property of investors who currently hold these types of products in their portfolios.
FINRA : I am telling you I oppose limitations on my ability to buy the Funds.
I should have the right to invest as I choose. I invest in many different assets, from high risk (options) to low risk (farm land). Again, my investments should be my choice & should not have restrictions.
Thank you for allowing freedom of choice.
I dont understand why anyone would make it hard and try to regulate or boycott any individual, no matter how much knowledge they may have, or how much capital they feel like investing. It feels like they are trying to take even more rights away from people in order to keep people in financial categories. Its our human rights and natural nature to want more of anything that we have or aquire.
Leveraged , inverse, and other complex strategies are an important part of my investment profile. They allow me to be precise in the risk and asset class of my choosing compared to corporate equities which in fact encapsulated many more risks.