Kenneth Boyer Comment On Regulatory Notice 22-08
With over 50 years experience in the Stock, Bond, Private Equity and real estate businesses I am fully understanding of the risks and uses of inverse ETF's. Please do not restrict their use.
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With over 50 years experience in the Stock, Bond, Private Equity and real estate businesses I am fully understanding of the risks and uses of inverse ETF's. Please do not restrict their use.
Exchange traded notes play a vital role in the democratization of the public markets. They provide retail investors with vehicles to gain access to asset classes otherwise not availible to them. These products are central to my investment strategy, and I believe the proposed regulations would restrict my rights as an investor. I respectfully ask regulators not to impose these restrictions.
Dear Regulatory Personnel(s),
To Whom It May Concern: Once again it seems we are dealing with needless government overreach. Leveraged trading vehicles for experienced investors provide valuable tools in balancing portfolios, reaching portfolio design goals, and protecting against risk. My families financial future should not rely on yet another bureaucrat making decisions for me or my family.
I as an investor, not regulators should be able to choose public investment which are right for myself & family.
We should not have to go thru any special process or passing a test to use these tools. I am extremely capable in understanding the risks of these inverse and leveraged funds.
These leverage and inverse funds are important to my investment strategy. I use them to protect downside risk and increase returns. By having lower priced assets and controlled stops, I can use these tools very effectively to keep my portfolio in balance during volatile times.
I can pick my own investments, my money not regulators. I am capable of understanding the risk of my investments and do not need to take a course or pass a test to buy leveraged or inverse funds or ETF's. Leverage and inverse funds are important tools to help hedge the risk and create large profit opportunities in both up and down markets.
I trade both stocks and options and want to keep the government out of my trading.
I always make sure I know what I'm investing in. If you're trying to target predatory practices, I have not been a victim and should not be punished by extra regulations.
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.
Please focus on regulating insider trading by legislators and regulators instead of focusing on the public.
Please don't limit my ability to invest in the funds of my choice. These are public securities and are important to my investment strategy.