Gunther Hufnagl Comment On Regulatory Notice 22-08
I see no good reason for Government to change the laws.Let the market do what it does best!
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I see no good reason for Government to change the laws.Let the market do what it does best!
I have the right, whether you believe I have enough money or not, to invest in whatever strategy I may want, whether incredibly complex or simple. There is ZERO correlation between net worth, and self-knowledge about investment strategies. I will lose all faith in the worlds largest FREE market if this rule is implemented.
I am opposed to regulations limiting investors ability to trade and invest in leveraged and inverse funds. Most brokerage firms already have safe guards in place to protect uneducated and unsophisticated investors, such as income and investment limits, and warning labels. Seriously - you have just as much risk in investing in Bitcoin - or AMC !! Or trading on margin !! These leveraged funds provide a way for me to hedge my portfolio and enhance my returns. I firmly believe existing safeguards are sufficient.
I oppose proposed restrictions on the use of leveraged investment products. I use them in a balanced portfolio which minimizes risk yet enhances returns. Individual investors are unable to access borrowed funds easily and these products offset that disadvantage.
Thank you.
Enough is enough!!!! Leave us alone! Quit trying to insert YOUR "opinions" upon us and let us take care of OUR finances! Feel free to worry about YOUR own financial situation! Good grief! This [REDACTED] is getting totally out of control! Shame on you all!!!
It is my right to invest in funds that I deem valuable to my portfolio. Hedging investments by using inverse funds is an important strategy.
Hello, I realize you think you're helping, but you are definitely not. My ability to invest in leveraged, inverse funds has been the ONLY thing that has allowed me to hedge my portfolio in this year's market downturn. If you take it away, I'll be forced to hedge by shorting individual stacks and hope I choose right. That is much more dangerous.
It's extremely annoying when US Government regulatory agencies think they know what financial products are appropriate for me. The US was founded because a bunch of British citizens didn't approve of their overlord's restrictions. Unfortunately, it seems the 'leaders' of this country have learned nothing from that part of our history.
Im against restrictions on investments
Dear FINRA,
Once again, another example of an overreaching government agency trying to do whatever they can to stifle free markets. Hedging is something that has been done since markets began to mitigate risk. If FINRA really wanted to do something worthwhile, they could start looking into the derivative mess before we have another '08/09 mess.