Robert DeBiasse Comment On Regulatory Notice 22-08
I oppose Limitations on my investments.
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I oppose Limitations on my investments.
I think the proposed regulations violate my freedom to use my own funds to invest whatever public securities I want to invest in. I am perfectly capable to understand and assume the risks inherent in any kind of public security I choose to buy when I choose to buy or sell it.
I am a long term investor and in times of extreme volatility it is important for me to have inverse funds readily available to use in my portfolio. I use these to cover losses on my other investments and to maintain the stability of my portfolio.
This regulation doesn't address the root of the problem and serves only to penalize and burden responsible people.
I oppose restrictions to my right to invest. I have invested in leveraged funds for years with significant success. I am clearly a small investor and have learned about the importance of knowing when to get out of an investment of any type. If you follow your plan you can limit your losses when the market turns against the investments you have made whether leveraged or not.
I should be able to choose investments that I deem appropriate for me. I primarily use inverse funds to hedge my fixed income portfolio. This enables me to collect interest on my investments while limiting downside exposure to my principal in a rising rate environment. Not having the ability to do so would unnecessarily cost me loss of principal. In addition, I also use inverse treasury funds as an investment in times of rising interest rates such as now. I don't see any greater risk in that than buying Treasury notes.
I should be able to pick whatever investment I want because its my own money and my risk tolerance. FINRA should not decide or Put limitations on my options.
All that is needed is a warning before the trade is executed, such as my brokers Ameritrade and Schwab are doing already.
Leave this fund alone . I have 3700 shares i love this fund .
Nobody should be telling people how to invest,people are responsible for their own actions
Respected Regulators, I want to bring your attention to this change. I feel this is not correct for the following reasons: a) I (and my family) should be able to choose the public investments which are right for me as long as I understand the risks and the rewards. Public investments should be available to all of the public, not just the privileged. I don't want others to decide what I can do or not and where I should invest the money.