Charles Earnhardt Comment On Regulatory Notice 22-08
I have the right to choose the investments of my choice. You have no right to limit my freedom on what I choose to invest MY money in.
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I have the right to choose the investments of my choice. You have no right to limit my freedom on what I choose to invest MY money in.
Leverage accounts have been a part of my portfolio for years. It has given me a chance to make smaller dollar investments with the opportunity to make nice gains.
It definitely helps individual who do not have enormous amounts of capital.
Removing leverage accounts is un-American.
I strongly oppose limitations on investments.
This rule is unacceptable. There is no place to limit "risky" investments from the people. If someone decides to invest in something they do not fully understand, they are accepting the risk that they may loose significant amounts of money. There is no reason to protect people from these. Everyone should be provided with free choice to invest where they wish. Worst case scenario, they loose their money, which is their own risk they have accepted.
It is un-American to have the government tells us what we are allowed to do in our investing strategy. This is NOT Russia and/or China or is it!!! Bruce Gottlieb MD [REDACTED]
I do not need the government telling me how to invest, what to wear, what to think, who to love, who to respect. Why don't you regulate people that lie, cheat, break the laws, and live off the backs of taxpayers like me. I, along with millions of others are sick and tired of elitist officials ruining this country that I love so.
Federal can not have control
I dont trust anyone to regulate my money
I am a Registered Investment Advisor representative and over the past 17 years have used leveraged ProFunds mutual funds (1.5x to 2x) for select clients. The clients are personally selected as to risk/reward factors in addition to their total investable assets available. These leveraged mutual funds make up no more than roughly 20% of total investable assets available to the individual client. THEY ARE AN IMPORTANT CHOICE OUR CLIENTS AND OUR FIRM WISH TO CONTINUE TO HAVE AVAILABLE.
I should be able to choose the investments that are right for me. 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 am capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies and are a limited part of my portfolio. Therefore, I do not need these restrictions imposed on me directly or indirectly through my managed accounts.
I, Labros Panos, am fully aware of the risk and charges of Pro Shares short ETS's and ETPs such as the symbol DOG which currently I have in my account. I find it easy and pleasant to pass time and to follow the markets.
Thank you for your concern.