Siarhei Mahuchy Comment On Regulatory Notice 22-08
As investor, I want to keep opportunities to invest in leverage ETF, since I understand the risk associated with it. If you want to ban leveraged ETF, let ban casino too.
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As investor, I want to keep opportunities to invest in leverage ETF, since I understand the risk associated with it. If you want to ban leveraged ETF, let ban casino too.
I absolutely oppose the subjective and onerous regulations proposed, which limit and/or make it unnecessarily cumbersome to invest my hard-earned money to best provide for my family.
I am fully capable of sufficiently educating myself before investing, and resent FINRA's presumption that I am not.
This proposal is another example of government overreach and attempts to control private industry and private citizens' affairs.
Do not adopt this proposed regulation!
Public investments and securities should be available to all investors. Individuals should not have to go through special processes to be able to make purchases. Full participation is one of the joys, challenges, and risks of being active in the stock market. Not allowing individuals to fully participate reduces their access and potential growth. The big investment firms already have enough influence over the market, they don't need to shut down the smaller investors too.
I do not want to be restricted on investing in my own future. I understand the risk. Do not interfere with me investing in my own future.
I currently hold my series 7 and 66 and work for Wells Fargo Advisors but cannot continue to invest in ETFs that I choose because of the gov't restrictions. How is it their job to decide how I invest?! That's insane!
I believe it is imperative to allow the average investor the same opportunities availed to wealthy ones regarding access to leveraged investments. Of course any investor should educate himself regarding the risks of any investment, but we dont need to be saved from ourselves by government fiat.
I should be allowed to invest my money however I wish. Retail investors are at disadvantages already due to high frequency trading, hedge funds, etc.. Retail investors already have to make up for so many things out of their control that it is sad. Regulators have insider knowledge, commercial investors can move markets, using financial planners take an unfair cut of investments and make unnecessary trades just to get commissions, inflation. The list goes on and on. Retail investors should be able to trade as they wish.
I oppose restrictions to my right to invest"
I should be able to choose the public investments that are right for you me.Public investments should be available to all of the public, not just the privileged. Im capable of making the decisions necessary to purchase leveraged and inverse funds as I deem necessary for my portfolios.
Why would the ability to access leverage in a safe way be taken away from individual investors?
Restricting access to these types of investments is extremely hostile towards individuals