Edward Walleman Comment On Regulatory Notice 22-08
Please don't limit our ability to choose investment products for ourselves. That would be un-American. We don't need the government to be our nanny.
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Please don't limit our ability to choose investment products for ourselves. That would be un-American. We don't need the government to be our nanny.
I should be able to decide what the right investment is for me and my family. Levered and Inverse funds are safer than the alternative. The alternative is to short, use margin, use futures, or use calls and puts. All of which can wipe out your entire capital. Levered and inverse levered products offer an amazing alternative to less sophisticated investors. They're definitely more volatile, but less risky than the alternative.
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. Besides, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I'm capable of understanding leveraged and inverse funds and their risks.
I oppose restrictions on my right to invest in public investments, and I am capable of understanding leveraged and inverse funds and their risks. I don't need these measures imposed on me.
I should be able to choose my own public investments.
No special process or test shold be required. I understand leveraged and inverse funds completely and their risks. I don't need regulators to impose measures on me.
Thes funds are important to my investment strategy. They help me to protect my investments and/or seek enhanced returns. I use them as a limited part of my portfiolio.
Wait!!! Youll let hedge funds and other large investors take risks- that is basically bet against the market but you want to restrict that to investors who dont have the money clout but have the smarts. What a scam. Protect the wealthy tax ball out folks but dont protect the investors trying to fund retirement and college funding. Yes its risky, but without taking risk we are then stuck with potentially sub par results because of poor regulation?
FINRA Regulatory Notice 22-08 will infringe on my right to protect my investments against periods of recession in ways that only very wealthy investors and large institutions can by using their power to irresponsibility short sell the market. this is leaving average Americans to burden of others poor decisions. leveraged and invests ETFS when used correctly after a great protective strategy
The proposed regulation is a great infringement on individual investors' rights. All investors should have the freedom and equal access to all investment products that are legal and available. It's fundamentally wrong to give institutions privileged and exclusive access to certain investment products.
This is the last bastion where the knowledgeable "little guy" can build wealth. DON'T TAKE IT AWAY!!