Anil Umarji Comment On Regulatory Notice 22-08
I would like to chose funds for my own investments and wouldn't like to have restrictions on it
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I would like to chose funds for my own investments and wouldn't like to have restrictions on it
This is a disgusting overreach by the government.
Retail investors and retail traders should be allowed to invest and trade in whichever financial products that are available to them. We sign numerous disclosures and acknowledge numerous warnings that are standard and provided by our brokerage platforms. We have the capacity to engage in this and should be allowed to take risks as we see fit, and take responsibility for our own actions.
Here is another example of the big and Privaledged people get some advantage and middle class are excluded. I use these as a market hedge rather than shorting with unlimited risk. It is my money and my decision on how I use these and why do I need to prove that I know what I am doing? It is the same as any other ETF investing product offered accept it can be double or triple percentage moves which is useful when hedging.
I want the freedom to invest in public securities of my choosing.
I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies. They help me protect (hedge) investments or seek enhanced returns, I use them as a limited part of my overall portfolio.
Leave crypto alone.
As an investor I make my own decisions about leverage funds. Limiting this type of investment to only the rich is unconstitutional.
I oppose any restrictions to my right invest in leveraged funds.
I use leveraged funds as a small part of my overall investments (less than 5%) but do see them as a regular income generator and would be negatively impacted by the inability to trade in these funds.
Please do not take away this ability from the average investor.
Dear FINRA,
This is United States of America. I want to choose how I invest and not have a government entity dictate how I can do so. You have a crooked scheme going here. You know it. This is only to hurt people.