Glen Bates Comment On Regulatory Notice 22-08
I don't feel the government should be regulating every choice investors wish to take. I think people should be responsible for their own decisions.
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I don't feel the government should be regulating every choice investors wish to take. I think people should be responsible for their own decisions.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. I've been using leveraged and close-ended funds for over a decade now, to successfully manage and reduce risk while enhancing returns and stability of passive income in my overall portfolio. I see these tools as an important part of my overall investment strategy and they signifiantly simplify the otherwise complex and expensive alternative of investing in options and and directly owning a diversified basket of bonds.
Leveraged and inverse funds are important to my investment strategies. I use leverage and inverse funds to hedge against downward mkt conditions, including that they help me protect (hedge) your investments or seek enhanced returns, and if you use them as a limited part of your overall portfolio it may impact my overall return. So far they were major part of my strategy and earnign last few years.
I have been successfully trading leveraged etfs for years and would appreciate it if I could continue doing it. Its my choice and I dont need FINRA or anyone else deciding whether Im up to it or not. Do not impose on my decisions without my invitation to do so.
Investors should decide hoe to invest their money. There are many more riskier assets in the amrket than leveraged or inverse ETFs
I am an informed investor that believe public investments should be available to all of the public. Leveraged funds are a limited part of my portfolio that enhances my returns.
I oppose restrictions on my right to invest in public investments.
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public,not just the privileged.
Don't be stupid. Stop getting in the way of hard-working people trying to make money. What part of your psyche makes you think you know what's best for me?
We should be able to choose the public investments that are right for me and my family. I understand leveraged and inverse funds and they should be available to me without going through expensive advisors. There are significant warnings in place -- for protection, investors can sign off on these products just as they do options. these products are important to my investing strategies.
I don't need the government telling me what I can and cannot invest in. The US government should not have a say in how and where I invest my hard-earned money. This would be a perfect example of the rich getting richer and the poor getting poorer. I've been handling my personal investments for over 30 years now. By the government imposing regulations on what I can and cannot invest in will take away my ability to invest in all the areas of the market. You will take away my ability to use leverage to better enhance my returns.
PLEASE do not impose the regulations.