Kathleen Price Comment On Regulatory Notice 22-08
My husband and I have been investing in the market for 22 years without a personal broker. I feel public investments should be available to all of the public,
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My husband and I have been investing in the market for 22 years without a personal broker. I feel public investments should be available to all of the public,
Dear Regulators, I am a competent and fully-empowered citizen who is able to make my own decisions in life. If I decide to invest in a product, I do so on my own free well. I should be able to invest in whatever products that I want. Rich and well-connected elites, often using overseas connections, easily evade your regulations, so you are only stopping little guys like me from doing what I want. There should be no special processes or any other restrictions. Mind your own businesses.
I am aware of the risks related in investments such as leveraged etfs and other types of structured etfs, mutual funds, and ETNs. They have been part of my investment strategy for many years.
This type of investment opportunity should be available to everyone and not just a few, higher wealthy investors. I know the risks and I have experienced gains and losses with this type of leveraged investing. Taking this away from anyone is taking away freedoms and not helping reduce risk for an individual investor.
I have been investing for 50 yrs. in all kinds of public investments and oppose any restrictions on my ability to invest in legal public investments.
I should be able to utilize all of my OWN personal resources and education, to invest as I wish, at my own risk. We don't need government to police or determine where I'm qualified to risk my own hard earned money. Leveraged and inverse funds are important to my investment strategy, and it would be an unfair advantage to the larger investors to take that away from us little guys.
It is important to maintain freedom in this country and to allow investors to continue investing into all leveraged and inverse funds, for example as offered by ProShares.
It is the investor - and not the regulator - should be able to decide where to invest. That is the foundation of the market economy.
Investor does not need any special measures imposed on them, such as passing tests. We are not in a middle school anymore.
Furthermore, leveraged and inverse funds are critical for many investment strategies and for reducing investment risks.
I understand the risks that I take when I purchase Proshares investments and I believe I should have the right to make that decision on my own.
HI, I am a knowledgeable individual investor and use leveraged and inverse ETFs strategically when needed. I use them to hedge and take advantage of special situations such as oversold or overbought market conditions. Please don't restrict my ability to buy/sell them whenever I need to. I need to be able to make this choice for myself. Any special processes imposed are unnecessary and onerous. Thanks Neeraj
Public investments should be available to all of the public not just those who are privileged.