Zino Berry Comment On Regulatory Notice 22-08
Stop preventing Americans investing our money in crypto. Stop this nonsense. America is the land of innovation and opportunities!
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Stop preventing Americans investing our money in crypto. Stop this nonsense. America is the land of innovation and opportunities!
We do not need regulations limiting smaller investors abilities to take on risk. There is adequate warnings already in place for levered ETFs. Small investors already cant access many investments that the wealthy can such as private equity and venture capital. This will push more investors into taking riskier margin loans rather than a managed leveraged product.
Ridiculous to remove, however, having someone acknowledge that they are OK with the inherent risks would make sense.
You shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am capable of
understanding leveraged and inverse funds
and their risks. Regulators do not need these measures
imposed on me.
Please do not meddle with my rights to invest.
I must be able to decide when, which, and how I invest my money. I do not have to have any regulators or individual or governmental agencies to tell e how to invest. I have a fair understnding of the markets, risks, and benefits of investing. I must be able to make my own investments and portfolio balancing by using leveraged and inverse funds. As an individual citizen of these US of A, I do not want any restrictions on my ability to invest however I choose.
Hi...if you look at the ETF SQQQ you will see that this ETF has dropped from $501,913.00 in 2010 to $47.00 today 05/05/2022....this is shown on the monthly chart ....AS you can see this has been disastrous for those who have held on....please have the Securities Commission investigate if any fraudulent activity took place....many thanks....Nagesh Chulani...[REDACTED]
I do not agree with limiting these leveraged investments the prospectuses information fully appraise the risk I have owned them for 10 years and they are the most profitable investments I have had by far so I do not believe that regulating them is necessary
First I want to say that the money I use to invest or trade the market is mine and I should be able to use it as I see fit. I often use inverse funds to hedge or take advantage of short term pull backs in the market. It seems to me to be a lot easier to buy an inverse fund than to acquire shares to short or use an options strategy. I also often use long leveraged funds to take advantage of the short term upside in choppy markets. again it seems easier for me to buy a fund than to use options or pick stocks to go long.
The regulation makes no sense to me.
An investor has material available to make a decision.
We all know the risks involved with any investments, but it's my money and I should be able to invest it as I see fit.