Mahmoud Mihilmy Comment On Regulatory Notice 22-08
I want to continue using leverage etf
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I want to continue using leverage etf
I will not let my rights to invest, as I see fit, be infringed upon without fighting for them. Government oversight in the US has become ubiquitous and therefore unconstitutional. The restrictions that you're proposing on the majority in favor of the few is a fascist measure reminiscent of the Jim Crow Laws of the old American South and must not stand. If they are passed, they WILL be challenged all the way to the US Supreme Court, if necessary. I firmly urge you not to make that necessary.
Publically available leveraged funds form an important component in my investiment portfolio. I use them not only to improve investiment efficiency but also to de-risk by holding more positions in cash and treasury bonds.
I understand and can manage the risk with investing in leveraged funds. I oppose restrictions to my right to invest.
More regulations are a burden on an experienced investor like me. I have used leveraged funds since inception. Please do not try to limit my portfolio returns.
To whom it may concern,
The ability to freely trade with inverse and leveraged ETFs allows me to maintain an active trading portfolio without relying on the volatility of individual stocks. Therefore, if you remove the right of U.S. Citizens to invest in the funds they deem appropriate, they may be left to invest in ways that a bureaucracy feels is safe, but that is not really that safe.
Message to regulators; As an investor, I am totally opposed to restricting my rights to invest or make public investments. Also, as an investor, no one decides more than me which public investmens are suitable for my financial goals. Public investmens must also available to the public and not only to the privileged. In addition, as an investor, I do not have to go through a special process, such as passing a tes before being able to invest in public securities, as an investor an based on my investment strategies, I know the risk involved.
I should be able to spend, invest and allocate my own capital as I see fit without any interference from an outside regulatory authority. All investments are risky in nature and it is my responsibility to conduct my own research on each investment. There is enough information and regulations in place to protect me as investor to allow me to make an inform decision based on the public information given and my understanding of that information. Thats the inherent risk I take when investing.
Don't restrict peoples opportunities to lessen government dependence. Allow risks to be taken. Require honesty.
Keep your tax grabbing hands off the hard work of the people! Were sick to death of your theft
Restricting access for regular investors to purchase leveraged funds would only further favor the already wealthy and privileged.
Assuming that we are too stupid to understand the pro's and con's of these investments is insulting.