David Meltzer Comment On Regulatory Notice 22-08
Seriously, you want to make investments only for a select few.
Go after those misrepresenting public investments, NOT the investors.
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Seriously, you want to make investments only for a select few.
Go after those misrepresenting public investments, NOT the investors.
I oppose the limitations on the ability to invest in Funda.
I want to be able to buy them when I want. I am savy investor. If you sell me out now I will lose a lot a well.
Please do not prevent me from using financial instruments that give me 2x and 3x exposure to index products. They provide a safer way to hedge my portfolio than going short specific things that are much more highly priced and my potential losses are completely known to me unlike a flat out short position. Sincerely ,Wayne Rhody
It is insane that you would potentially prohibit retail investors or financial advisers from access to leveraged or derivative funds. Investors should be able to choose the public investments that are right for their circumstances. You regulators are NOT God.
Investors not regulators – should be able to choose the public investments that are right for you and your family.
Public investments should be available to all of the public,not just the privileged.
You shouldn't have to go through any special process like passing a test before you can invest in public securities. We are aware of our own risks and it continues to baffle me and others how privy to info private hedge funds and banks are rather than to the public. Illegal treachery!!
To Whom It May Concern:
Over the last couple of years, I have been trying to manage my retirement investments much more actively. It's very important to hedge some of my positions, particularly in the current economic environment. An important part of my strategy is to be able to invest in inverse ETFs, as I am unable to short individual stocks in my retirement accounts. I do not think it is fair to restrict these investments to the privileged few, in the name or protecting the individual investor. I am capable of doing my own research and managing my own investments.
I occasionally use leveraged/inverse funds to reduce risk in my portfolio during high volatility market periods. Use of leveraged inverse funds are simpler to use than other instruments for someone who only uses them infrequently. I am best qualified to make these judgements. Trying to define what is a "complex product" is apt to be an inaccurate exercise subject to influence by special interests to create regulations for their individual benefit. Please do not restrict my ability to invest in the ways I feel are best suited for my situation.
SEC Personal, I use inverse leveraged and non leveraged funds to trade on a regular basis. Without that ability I probably couldn't trade in the markets for long. Please reconsider any adverse changes that would take that freedom away.
Hello,
My name is Steve Floor, I have been Investing and trading for 30 years, my how time fly's. I have always been able to choose
public investments that I feel are correct for me. I do not wish that option to change, no special process no more regulation