Sergio Villacanas Comment On Regulatory Notice 22-08
I oppose restrictions to my right to invest
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I oppose restrictions to my right to invest
Dear FINRA
I have invested in the VXX many times as I have used this to make money when the market is volatile. I am not a high net worth person but feel strongly that I should continue to have this option. I am aware that it is a higher risk but I am willing to take that risk. I do not believe that you should take that option from me. Thanks for taking my feelings into consideration.
I want to have freedom to invest and trade in ProShare or any other ETFs.
Please don't take it away.
Thanks.
Hello Regulators, Please do not restrict and control how I invest.
Me opongo ala regulacion debemos tener libertad
I resent, and am angered by the thought that governing folk, who I did not vote for, would assume power over my rights and freedom to invest my own money as I wish.
Leveraged and inverse funds help protect me from the ravages of governing-caused economic crises, and rampant inflation. The thought of faceless bureaucrats having more control over my personal investing practices annoys me.
As a US citizen, Freedom is meaningful to me, as I wonder how important it is to FINRA regulators.
What are the proposed requirements? I cant take a position until I see them.
I dont have a problem owning leveraged products in small portions of my portfolio. I think margin represents as much or more risk.
Love to have one day settlement.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST Additional Leveraged and inverse funds are important to my investment strategies. They help me hedge my investments and enhance my returns, and I use them as a limited part of my overall portfolio. I have been investing for more than 10 years. With the experience plus my education - a PhD from a university in the U.S., I am capable of understanding leveraged and inverse funds and their risks. I should be able to choose the public investments that are right for me and my family. There shouldn't be any measures imposed on me.
You can't regulate stupid. Don't fix what isn't broke. Newbies or inexperienced investors will find no better way to learn then to have skin in the game. These funds are complex enough, over-regulation just handicaps the majority in an effort to protect the few too lazy to do their due diligent-es, then cry wolf because they didn't understand. Such people will learn quick or will not be in these funds.
Please support crypto but not over regulate it. We are aware of the risks. We do not want heavy government involved. Leave us alone. Every financial system you have touched is destroyed.