Lawton Duncan Comment On Regulatory Notice 22-08
Please don't restrict our investing options
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Please don't restrict our investing options
Our country should lead in innovation and capitalism. This space should be our pinnacle of achievement. Don't let the legacy banks and systems kill our future. Regulate deftly and with an easy touch. Let us lead again!
Rendering legislation that stop any experienced investor from employing leverage ETFs as a strategy is ludicrous and is really none of your business, with all due respect. Focus on areas of impact for the country, including but not limited to eradicating guns, improving public education, recognizing that there is such a thing as climate change and doing something about it, educating people about REAL issues, and implementing new rules that bar idiots from being elected to Congress! Ted Cruz, MTG, Lauren Boebert, and others should not be lawmakers anywhere in the world.
You should not have access to my crypto. It's money I worked hard for. It's money that has already been taxed and overtaxed. So anything I earn or lose is none of your greedy business.
Investment is a personal choice. Investor has right to decide what is best for him/her. Every investor knows that stock market presents risks and rewards. Individual investor has right to choose investment vehicle available, based on his/her experience and risk tolerance. Government may be able to restrict risky investment for uneducated/inexperienced, even if suggested by an advisor or money manager or stockbroker.
I do not need the State to protect me from my own investment decisions. I know what I'm doing. I need the State to protect me from unstable people who can get guns anywhere they choose. And I don't need any more unnecessary bureaucracy. Please stop making life more complicated than it actually is.
To whom it may concern, I feel that I should be able to choose the public investments that are right me and my family. Public investments should be available to all of the public, not just the privileged.
I use leveraged funds as an important investment strategy to leverage and to help hedge my investments. I also use them to enhance my returns.
I dont understand why the government wants to come down on the folks who pay their salaries. Its despicable how since obama and their minions think that they own us!! They are already very wealthy from their own illegal acts and associates ie pelosi Schumer etc it disgusting!!
Its okay for regulators to make regulatory actions on financial markets. However, I have found the proposals of Regulatory Notice 22-08 unacceptable.
I should not have to prove my net worth to invest in certain securities. Plenty of people with low net worths have the self-knowledge to invest safely in any security they want. You are not responsible for my money. I am. I will no longer have any faith in the US market if this rule is not thrown out.