Fiaz Shah Comment On Regulatory Notice 22-08
Please do not limit access to inverse etfs
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Please do not limit access to inverse etfs
Please do not take away privileges.
In a time when the wealth gap is a great as it has ever been introducing these kinds of regulations is only going to ensure that it gets worse.
Restricting an investor's access, in any way, from complex securities or otherwise; only ensures that the wealthier among us, who can afford to meet these additional requirements, will have greater opportunities to invest than those of us who cannot. It does not matter how benign the restriction might be, it can only further disparage the wealth gap that regulators should be seeking instead to shrink.
I the investor need to make these decisions not the government
As a smaller investor (net worth <$1,000,000), I find that there is great value in being able to trade with a leveraged product. By using a leveraged product that does not require me to use personal margin, I can keep myself debt free, use a leveraged product, obtain the benefit of either rising or falling markets, and hedge long or short. I trade and focus on the S&P 500 only. There is a great deal of high quality research and comparisons with the S&P. Each day, the market goes up or down. I generally trade weekly or bi-weekly.
i think the concept of restricting the public's right to invest in leveraged etf's is plain wrong. There is no reason to single out these investment vehicles for restrictions. The stock market is filled with risks, these not being much more than so many others. I have traded in these for years to my success and sometimes loss. But they are a great way to leverage your decisions. They are no more or less risky than options and far less complex.
This is unAmerican to take these rights away from me. I would be out thousands of dollars that I cant afford to lose. Using a leveraged ETF that I am investing in now is how I planned to afford to pay for grad school. Why would you crush my dreams?
You 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.
The more laws and regulations that take place of people using common sensethe less common sense people will have!
You 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.