Alexander Matlin Comment On Regulatory Notice 22-08
I oppose limitations on my ability to by Pro Shares Trust Funds.
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I oppose limitations on my ability to by Pro Shares Trust Funds.
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 have been an investor for 40 years and am fully capable of understanding leveraged and inverse funds and their risks.
I don't need restrictions placed on my ability to invest freely.
Please do not limit the ability of investors to participate in their own financial and investment decisions. It is always clear that investment carries risk, and leveraged and inverse funds are no different. I strongly oppose any limitation on investors ability to determine their own investment plan.
I OPPOSE REGULATIONS TO MY RIGHTS TO INVEST.
This is a stupid rule.
I should be the one to choose my Investments, not the regulators.
Please do the right thing. As long as the fund owners are not deceiving investors, everyone shall be allowed to invest. If they are deceiving, then they should be prosecuted.
I think we, as investors, should be able to choose the public investments. That is the right for myself and my family. Public investments should be made available to all the public, not just the selected classes (people with high net worth etc.). We understand the risks associated with leveraged and inverse funds. They are important to my investment strategies, which took me over 10 years to develop. I also think by put limitations on these investment vehicles will cause more issues in the stock market.
I do not agree with the regulations that are being propose for Leverage or inverse ETFs. They are an investment tool that have produce great results for me and my family. This regulations could hurt my ability to make money with these tools. I, not regulators, should be able to choose the public
Traded securities including leveraged and inverse funds should be open to everyone and not just the rich or the privileged. Their risk is not greater than picking a security that may go down to zero (Kodak, Sears etc.). As a matter of fact, they are safer than single stocks, penny stocks, highly leveraged companies etc. because they represent an investment in an index of multiple companies. Going this way is a absolutely a terrible idea because where does it stop? Are we going to ask brokers to interview their clients before each trade?