Marvin Brooks Comment On Regulatory Notice 22-08
I object to the proposal to limit my engagement to participate in leverage funds or any restrictions.
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I object to the proposal to limit my engagement to participate in leverage funds or any restrictions.
I am an investor in leveraged funds like TQQQ and perfectly understand the risks involved in such funds. I do not want to go through any test to prove my ability to trade such funds. Please do not place undue burden on investors by bringing in unnecessary hurdles like a test, high N/W etc
Hey you [REDACTED] - its my money that is hard earned and I have paid all taxes on it, now you better stop telling me what [REDACTED] I can or cannot do with it. [REDACTED] You [REDACTED] need to stay [REDACTED] out of my private financial business. I own tons of ETFs and they are all showing losses so Im holding on to them - if you want to change anything, make sure that you [REDACTED] first reimburse me for my losses.
This is total bull crap.. WE SHOULD HAVE THE RIGHT TO TRADE WHAT WE WANT. We are aware of Risks in prospectus
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I oppose limitations on my ability to buy funds
need to access to this!!
I need inverse funds like Pro-Shares ultra Short because it is the only way I know to make money in a bear market. I do not want to short the market. Please let me survive the bear market and keep me able to buy Pro Shares Ultra Short..
People should be responsible for their own investing efforts, which includes their responsibility for their education and knowledge of the instruments they use for such investing or hedging.
Further, markets move in both directions, and investors should be unencumbered in utilizing various instruments in either direction.
I often utilize leveraged and inverse EFTs as a method to quickly make an investment when I believe the market is going to make a major change very quickly, and it is much more convenient than using any other method. Otherwise I may not be able to effectuate my decision quickly enough and could miss the movement and lose money. NOT GOOD!!