Fernando Oliveros Comment On Regulatory Notice 22-08
We should get all the right to invest not only in he rich. Everyone has the right to invest in the market!
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We should get all the right to invest not only in he rich. Everyone has the right to invest in the market!
You have no right to take away inverse etfs..It is the investors responsibility to learn how to make their financial decisions. Hmm.. seems to be ok for the government to always make the regulations to benefit them and not the individual. These etfs provide an investor utilize trades in both directions.Are you going to start regulating buying cars and houses too? Hmmm many people get screwed there tooo.. where does it start. Sales and trading is always buyer beware and it is up to the individual to educate themselves when they make their choices that is why we live in the USA.
Leveraged eft are the few investing tool available to me and most small retail investors. If we cant use them, then we may have to borrow from margin which will cost more and with more risk.
Please do not limit our ability to invest in a broad and diverse manner. This totally defeats a citizen's ability to maintain a safe strategy for future growth.
Please do not change the investor requirements to buy leveraged and inverse securities.
I oppose restriction to my right to invest.
I OPPOSE TE RESTRICTIONS FOR MY RIGHT TO INVEST
I should be able to choose the public investments that are right for me and myfamily.
Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before investing in public securities, like leveraged and inverse funds.
I am capable of understanding leveraged and inverse funds and their risks.
I oppose restriction to my right to invest.
I oppose limitations on my ability to buy and sell investments that are available to me as of this date (including inverse funds). Curtailing my ability to invest as I am currently allowed to do (all in the name of "insuring my safety") is demeaning and detrimental to my investment objectives. Leveraged funds are only a part of my overall portfolio. All investors are already given warnings regarding investing in various investment products. I certainly do not need another layer of government bureaucracy imposing more measures upon me.
These funds comprise an important part of my investment strategy, both as leverage, hedging, and recovery of funds invested, but lost in past markets. I understand the risks involved in using leverage or investing in inverse funds.