David Leisure Comment On Regulatory Notice 22-08
I am capable of understanding complex funds and should not have regulators limiting my choice in which funds I can purchase.
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I am capable of understanding complex funds and should not have regulators limiting my choice in which funds I can purchase.
I strongly oppose any restrictions on the trading of any of the fund types in the notice particularly leveraged and inverse ETFs or ETNs involving indices or volatility. Risks are clearly laid out in the prospectus. Not the governments job to restrict the freedom to invest in these products in order to protect people who cant be bothered to read the prospectus and then get burned by risks clearly outlined in said prospectus.
Leveraged Proshares are an excellent way to manage risk in a modest-sized investment portfolio. Please do not add additional limits and/or regulations on these instruments for investors like me. Thank you.
Hi,
I don't agree with limiting my ability to investing in leveraged and inverse funds. I can do my own research and make my own decisions regarding where and how I want to invest my money. I also don't think the government should be limiting what I can invest in versus institutions.
Thanks
Pratap Challa, MD
"I oppose restrictions to my right to invest"
To Whom It May Concern,
The regulations proposed interfere with my right to invest. I oppose restrictions on your right to invest in public investments.
There should be no special process, test, or financial status associated with public investments.
Risk is associated with everything in life, such as driving a vehicle, going to college or entering the workforce, or even accepting a job promotion. We make decisions such as requiring auto or home owner insurance. If I already understand the amount of risk of my investments, I do not need an exam to tell me how to invest. By maximizing my return on a diversified leveraged fund (such as UPRO - 3X S&P 500), it allows a small part of my portfolio balanced towards different growth potentials.
I oppose thr proposed rule. I want to be able to choose the public investments that are right for you and your 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 you can invest in public securities, like leveraged and inverse funds. Leveraged and inverse funds are important to your investment strategies.
It is my constitutional right to invest my personal funds in any form I choose to invest them. Any and all forms of legislation prohibiting an individual from doing so would be a serious overreach and threat to our constitutional rule of law!
Myself certainly not regulators should be able to choose the public investments that are right for me and my family. These investments should be available to all of the public, not just the privileged. I do not need to "pass a test" to know that these are valid investments and entail risk, like ALL securities. I ask that you not limit my availability to these choices in order to secure a retirement for myself and my family. This is of utmost importance to myself, my investments, and my freedom.