Alex Howard Comment On Regulatory Notice 22-08
I oppose this regulation
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I oppose this regulation
I do NOT support regulation of leveraged, inverse funds. I am aware of the risks such investments carry. Furthermore, I am an adult and wish to make my own investment decisions.
Please do NOT pass legislation/regulation effecting my ability to invest in leveraged/inverse ETF's.
Thank you,
Mel Brown
This rule is excessive and unnecessary. Why would such a restriction be put in place ? The current process works. please keep current rules in place.
I am an adult, and can accept the responsibilities of my investing decisions. I don't need a regulator to tell me how to invest my personal finances. The lottery is perfectly legal and ran by governments as a tax on the poor.
Do not restrict our ability to buy leveraged ETFs. We are smart enough to know what we are doing and the ETF managers also know what theyre doing. No point in this whatsoever.
Before you restrict or remove an investors right to buy leveraged or inverse funds, you should consider that this structure allows educated investors to make these decisions without having to personally handle the underlying pieces that create these investments possible. Removal of these funds would not remove the risk, it would increase the risk as individuals do puts, calls, straddles, etc to have the desired investments.
Please dont force me to use margin to get similar exposure but with greater risk and expense.
Do not regulate my right to buy assets
I should be able to choose, I have been choosing for myself for 4 yrs and nothing has happened to me, I spend this new money and file my taxes on it. Have I lost some money from bad projects yes, but that was my choice, but I have make more that I lost, I have gained 80% and lost 20% and I am okay with that because I learned to do my home work on my investments, see want the project is solving and there partners and how they will be part of this New Financial system is key, if they don't have good use case it is best to walk away and more to those that will help the New System.
I am opposed to this regulation, Regulatory Notice 22-08, as it will unfairly restrict my ability to purchase funds.