Oxana Hardman Comment On Regulatory Notice 22-08
Listen FINRA Let me decide how to invest my money at my OWN risk.
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Listen FINRA Let me decide how to invest my money at my OWN risk.
I am against any and all regulations being considered by the Financial Industry that will rob or regulate a persons right to invest at any level. Everyone deserves the right we the people deserve to be able to buy cryptocurrency funds such as BITO, and dozens of other popular
investments deemed to be complex, I am total against an organization coming against the peoples right to buy, sell, trade, swap as they please with their own coins regardless of what type of coin or currency.
This regulation would be unnecessary. Brokerages already include many notifications to let you know that these securities are complex in nature and carry additional risks. Additionally, these types of securities are obscure and hard to find. Average investors are not accidentally investing in leveraged or inverse securities. Let ordinary investors continue to have access to these types of securities.
I have been investing in securities for over 30 years and believe I should be able to choose what public investments are right for me. Leveraged and inverse funds allow me to have a more diverse portfolio and help me to hedge (protect) my other investments in my margin brokerage account.
Placing restrictions on these types of inverse funds would be problematic for me as i count on this investment strategy to balance out my investment account.
Thank you for your consideration.
I have been holding AQG for more than 10 years, need to be able buy and sell to adjust this investment. Plus, I wish AQG can deliver gain and/or dividend.
These regulations on leveraged products have much less risk then directly shorting an issue or using leverage or futures. To prohibit them indicates that only the wealthiest have access to such vehicles. How about banning stock buybacks instead? They're used to keep the market crashing as dishonest insiders liquidate their fake companies and get rich.
To whom it may concern,
Please allow me and my husband to continue buying and selling leveraged/inversed funds. Our social Security benefits are not enough to continue our lifestyle that we are accustomed to. It may not even cover our bills. We make hundreds/thousands of dollars monthly with the ProShares and Direxion Shares by selling/writing covered calls on them.
Thank you, FRED & KATHY
Leveraged and inverse funds are an important of investing for everyday Americans as well as for the privileged. On this May 5th sell off day...a tv talking blamed leveraged funds in part, but the day before had a very large gain and no credit was given to them at all. And if they do cancel these instruments will retail still get blamed for the sell off? Yes...that is what they call us. What we need is a rule that blocks brokers from trading against their customers. This should be a no brainer. It is bad enough that our orders are front run by h.s. machines.
I think this is a very bad idea. Restricting the every day investor's access to inverse funds is yet another way to keep him/ her from protecting a portfolio from any harmful or destructive actions committed by government and Wall Street actors. It would be yet another regulation that is blatantly rigging the game against the little guy. In a free country, people are supposed to be able to make their own investment choices, which they believe would be best for them and their family. There should not be a net worth threshold to qualify for this right to invest as you choose.
It's my money and It's my right to invest it as I see fit. Why should I have to pass a test to invest my own money? Inverse and leveraged funds are important to my investment strategies. Please walk away from controlling my investment strategies.