Edgar Dominguez Comment On Regulatory Notice 22-08
Let me buy inverse funds, or any other investment, I know what I'm doing and I know the risks of buying inverse funds.
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Let me buy inverse funds, or any other investment, I know what I'm doing and I know the risks of buying inverse funds.
I have used leveraged investment funds for years. I am fully aware of the risks on the up- and down side. The fund issuers explain and highlight the risks and opportunities in full detail. I think that new Government restrictions on the use of these funds are not needed and justified and should not be imposed on me. Investors must have the nonrestrictive right to decide which investments are timely to be made.Government must allow investors to make these investment decisions also for these investment vehicles.
Having option to invest in leveraged and inverse funds keep me protected from market volatility. It should be choice of INVESTORS and not regulators nor only allowed for wall streets. !!
I oppose any limitation on trading leveraged or inversed funds. It against freedom.
Please refrain from trying to limit my options for investing. I have been investing for over 30 years using my own judgment. I do not need your guidance or protection. It should be my choice in which funds to invest, for better or worse, not your unilateral prohibitions.
THere are too mant thied parties in the investment theatre now. Enough is enough.
I am against regulating the leveraged and inverse ETFs.
My brokerage co. Fidelity make you read a statement and request that you are able to invest in what they term more aggressive investments. I appreciate the ability to be able to invest in leverage fund instead of having to do it through playing with margins (i.e. loans) and inverse without actually having to mess with shorting a stock.
I oppose this.
Leveraged and inverse funds are good for trading rather trading a single share.
This gives diversify investment for short term gain
I, and most, people who currently invest have a wealth of information available to them, in addition to close relationships with brokers and advisors. No amount of the governmental control you propose will add much to mitigate what you may perceive as inequities or irregularities in investing. I feel you would best spend your time and resources monitoring adherence to current laws and regulations rather than adding to them.
The fact this is even being proposed with any legitimacy surmounting it is an absolute disgrace to the common folk of this country. It is easily understood that if we pass something like this, many other countries' governmental systems will follow which would be absolutely devastating to the low, middle and even high class members of any society. Disgusted would be the least I could say if something, anything like this bill is passed anywhere in the world. Restricting what is a RIGHT to a certain few, so that the millionaires and billionaires can profit more.