Roger Makar Comment On Regulatory Notice 22-08
I am 88 years and have been making decsions for myself and donot need regulators telling me what I can do as long as it's leagal.
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I am 88 years and have been making decsions for myself and donot need regulators telling me what I can do as long as it's leagal.
Dear Regulators,
Please dont put more limitations on my ability to buy the funds. Leveraged and inverse funds are so important to my investment strategies when the stock market is going down like right now. I should be able to choose the funds and the manner to invest.
Thank you.
I have been investing in leveraged mutual funds for several years. They helped me earn my first and second million dollars. I hear you are considering limiting access to only the very wealthy who can also pass a test. I asked you not to do this. If you were to make regulation please at least allow those of us that could pass a test expressing a reasonable level of understanding of market risk to invest even if we are not among the super wealthy.
Hello, I am no expert, but I have done my due diligence and don't think any limitations beyond the warning Fidelity provides before buying these types of funds is an issue. I have had good success using these funds for investment gains.
I strongly oppose
limitations on my investments
Please do not take away these funds.
Dear Regulators:
I strongly oppose the proposed regulation that would limit or eliminate access to leveraged and inverse investment instruments.
These tools are a critical piece to actively managing a portfolio, and provide unique alternatives to individual stocks, passive ETF's and mutual funds.
Given the many events in the last several years that have dramatically affected the investing public, it is even more important to have every tool in our kit.
This is [REDACTED], this is the first of my actions to fight this absurdity
I should be able to choose the public investments that are right for me. I understand the risks and rewards.
Dear FINRA,
I am an RIA with a CFF certification and I am opposed to this. The proposed rule would put regulators in charge of my clients' funds. As a 12 year industry veteran, I understand the risks involved with these investments; consequently, any client considering these investments (which is rare, I might add) is *well aware* of the risks involved. Please consider not adding these rules. Thank you.