Meng-Chang Wu Comment On Regulatory Notice 22-08
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST leveraged funds.
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I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST leveraged funds.
I have been investing for some time mostly with successful results. I believe in the right of the individual to make financial decisions based on personal situations percolated with diligent research that can be done without interference. Please preserve my rights to purchase any investment vehicle that is not illegal our aq scam.
I am against the idea of regulating individuals' freedom to invest in whatever they want.
Let me invest!!
I feel that the move to restrict access to leveraged and inverse funds is a wrong one. Such a restriction would devoid the retail investor from access to quality instruments that could be significantly beneficial. Several academic studies have underlined the importance of leverage. The LifeCycle Investment from Yale is one such example. These leveraged and inverse funds provide a simple option for investors looking to incorporate strategies from these well researched academic studies as part of their portfolio.
To whom it may concern,
I oppose restrictions on my right as a US citizen to invest in PUBLIC investments as this SEC Proposed Rule #S7-24-15 is trying to do. As an investor, I should be able to choose the investments that are right for me & my family. Public investments are just that - investments that need to be available to ALL of the public, not just those who have large portfolios or who can obtain special approvals to obtain them.
In general:
- It's good to have people educated and understanding what they are dealing with.
- It's extremely bad to restrict people's right of making their own decisions.
It is absurd that companies would go through all the trouble of creating and publishing prospectus documents and abiding by all regulations only to have regulators deem them unsafe or unsuitable for investors. Please do not limit the my ability to trade. I want to make my own informed decisions and not have them made for me.
As a small business owner and someone who enjoys directing my own investments, I want to comment on the proposed regulation of leveraged and inverse funds. Leveraged funds make up a small, but important part, of my investment strategy. These funds are not difficult to understand nor are their potential risks and benefits. My investment strategy is conservative but leveraged funds give me an opportunity to enhance returns and take measured and calculated risks.
Markets are made up by 2 sides and investors should have the freedom to choose to stand on either side of an investment, whether it's on forecast of high demand or low demand. That's the definition of a free market.
In terms of leverage I support that brokerage be very clear in its warning about the high risk potential of such investment tools, but once investor opts in it's a sign-off on accepting such a risk at his/her own benefit and/or peril. Do retail investors have to ask to be treated as functioning adults?