Mike Adams Comment On Regulatory Notice 22-08
This is a stupid rule.
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This is a stupid rule.
I should be the one to choose my Investments, not the regulators.
Please do the right thing. As long as the fund owners are not deceiving investors, everyone shall be allowed to invest. If they are deceiving, then they should be prosecuted.
I think we, as investors, should be able to choose the public investments. That is the right for myself and my family. Public investments should be made available to all the public, not just the selected classes (people with high net worth etc.). We understand the risks associated with leveraged and inverse funds. They are important to my investment strategies, which took me over 10 years to develop. I also think by put limitations on these investment vehicles will cause more issues in the stock market.
I do not agree with the regulations that are being propose for Leverage or inverse ETFs. They are an investment tool that have produce great results for me and my family. This regulations could hurt my ability to make money with these tools. I, not regulators, should be able to choose the public
Traded securities including leveraged and inverse funds should be open to everyone and not just the rich or the privileged. Their risk is not greater than picking a security that may go down to zero (Kodak, Sears etc.). As a matter of fact, they are safer than single stocks, penny stocks, highly leveraged companies etc. because they represent an investment in an index of multiple companies. Going this way is a absolutely a terrible idea because where does it stop? Are we going to ask brokers to interview their clients before each trade?
It's not the place of federal regulators to decide whether an investor is "smart enough" for particular commodities, nor to impose means testing that discriminates against the less affluent. Further, such rules could impose a disparate impact on minority communities given the current wealth distribution, and village civil rights laws.
Let us do what we need to stop the control.....
I oppose the proposed restrictions on securities that the public is able to buy. I understand the risks of such securities and believe the freedom to choose is important to being an investor. Thank you.
I oppose limitations on my investments in leveraged and inverse funds. I want to be able to invest freely.