John Parker Comment On Regulatory Notice 22-08
Taking away leveraged funds and other resources only continue to broaden the gap between the haves and have nots.
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Taking away leveraged funds and other resources only continue to broaden the gap between the haves and have nots.
It is dangerous and irresponsible to even threaten removing leveraged ETFs from investors in the middle of a market correction. LETFs provide less risk than short term options trades and meme stocks, and can be fundamental to a balanced portfolio that outperforms the market. If such ridiculous action were to take place, Id hope it would occur during a period in which the market is at all time highs. Do NOT remove leveraged ETFs from the common mans tool kit.
I am more then competent to make my own financial decisions. If I have read and understand the pitfalls of investing, I am them capable to invest in whatever I choose.
I am responsible for my own investments. Do not limit my choices based on others who do not understand the volitilty and risk of the market
A investor has every right to be in any investment of their choice. No one is more interested in their investment returns than the person investing. Instead of restrictions in investing educate the investors
1. As a member of the investing public, I should be allowed to choose which investments are suitable for myself and my family.
2. There should be no process by which I'm evaluated to invest in publicly traded securities.
3. Leveraged and inverse funds are important for me to meet my investment goals and invest in opportunities that develop as identified by my own research and analysis.
4. These proposed regulations infringe on my constitutionally guaranteed rights to due as I see fit with my personal assets.
Dear Sirs: I understand that new regulations maybe passed affecting my ability to invest in certain securities and funds. I strongly feel this should be my decision and not yours as to whether I can make financial decisions for my portfolio. I am formerly a licensed Investment advisor that understands risks in the market. We are already heavily regulated, please no new regulations.
Dear Members of the FINRA Regulatory Committee:
For over 5 years, my livelihood has depended on the availability of trading in Volatility-Linked Funds such as ProShares SVXY and UVXY. Placing additional restrictions on these products will greatly affect my ability to make a livelihood and therefore I strongly oppose restrictions to invest in these products.
I reserve my right to invest my money without the negative influence of a controlled bureaucracy.
I insist on economic freedom, financial freedom, freedom from bureocratic distortions.
The fact the Fed is 500 basis points late to the show makes diversification paramount. We all have the ability to choose and especially to benefit greatly by having good access to ETF securities. Shouldn't investors have the right to decide which public equities, bonds and funds they want to buy. The FINRA seeks to decide what public securities you can and cannot invest in. This is socialism and overreach.