Zachary Arbit Comment On Regulatory Notice 22-08
I should be able to choose my own investments. I currently hold one leveraged fund and would like to be able to continue to invest it in. Thanks!
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I should be able to choose my own investments. I currently hold one leveraged fund and would like to be able to continue to invest it in. Thanks!
I presently have the ability to invest in 2X or 3X funds and wish to continue to have the right - IF I choose to take it. Please do NOT try to decide FOR me!
More regulation by the U.S. Government is not needed. Investors should be required to understand what they are investing in, prior to investing, which I believe they do. The government need not be involved in what the appropriate investment is for a particular person. These type investments can be used as a part of a strategy, for instance as a hedge to protect other investments which may lose value, and taking away this type investment could result in severe losses.
I am opposed to FINRAs proposal that would limit my freedom to invest in public securities of my choosing. FINRAs proposal on complex products is arbitrary, unworkable, assumes I am not capable of making my own investment decisions. Dont restrict my ability to achieve long-term financial security.
The regulations you are suggesting imply that only an elite class of investors are capable of making informed choices about their personal investments. I take offense to that as I believe that I am sufficiently intelligent to make my own risk assessments and investment decisions. And if Im not, I have no one to blame but myself. Investors dont need FINRA limiting our investment options under the guise of protecting us from ourselves.
I strongly oppose your these unnecessary regulations on inverse and leveraged etf's. Today's investors are very well informed of these and similar investment vehicles and we do not need your meddling in our choices!
You should be looking into ways to better regulate news driven, high speed algorithmic trading where computers key in on pre programed key phrases and can spike or crash stocks as much as 50-60% in after hours trading where only the so called "big boys" can trade millions of shares in a matter of seconds!
No one needs any measure of exam in order to invest. Any one can and should be able to choose public investments that are right for me and my family in any way shape or form. Public investment can and should always remain available to the public. No one should be excluded in any way shape or form. What is being done is trampling on the rights of the private citizen as a worker and as a provider. I understand fully leveraged and inverse funds and their risk. Many investments are used in order to protect and hedge to seek a return. In my time frame that i have invested.
People should be allowed to invest if they have been warned of the risks. Dont implement policies that will deprive them of alternate investment opportunities.
Thank you
I use leveraged and inverse securities to subsidize my retirement. I'm starting to do pretty good with them. I assume others are also. Is this the reason for the change ?
I should be able to invest in leveraged ETFs. America is a capitalist country for the free. I would like the right to choose what is good for me and what is not. It can also make me a good return because I know how to use leveraged ETFs. Please do not hinder my progress, thank you!