Lloyd Robinson Comment On Regulatory Notice 22-08
We should all be able to invest, without prohibitive regulations.
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We should all be able to invest, without prohibitive regulations.
Let me ask you, who gives you the authority to determine if any investments are too complex for me? You're supposed to protect me from unscrupulous brokers. So now you're protecting me from myself? I am an individual investor.
So now I'm too stupid to not educate myself on investing? I need you to make me:
1. Pass a regulator-imposed test of your specialized investment knowledge
2. Demonstrate a high net worth
Why do I need to prove this? If I'm investing in $500 in an inverse fund, why do I need a high net worth?
Why should regulators control how I choose to invest on the public market? Should I not have the right to invest in leveraged funds? It should my choice to invest a small percentage of my portfolio in a leveraged fund without special training or being a professional investor! All equities have some measure of risk, so why should I not have the right to diversify to the point to include a hedge fund?
I hope this freedom will not be taken away from me!
I oppose restrictions on my rights to invest in public investments.
I believe 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.
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 and closed end funds. I am capable of understanding these securities and their risks. These measures are unnecessary.
I would like to tell that I strongly objecf to some of the changes in
As to the warning I received from ProShares concerning a radical and unprecedented threat by regulators that could affect my right to buy dozens of popular public investments, including leveraged and inverse funds, it is my opinion that these products have, in fact, helped to level the playing field for the individual investor, and therefore, provide the balance, at this moment in time, required to keep the stock market healthy, aka liquid.
I am the captain of my ship. I can manage my risk without interference from the government. Please, dont pass this regulation.
Hello - 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.
I'm not in favor of restrictions that punish intelligence and due diligence in order to protect ignorance. Making the system more fair with adequate enforcement against the bad actors that use detrimental activities to exploit and diminish shareholders equity would appear a much more effective approach to improving the systems performance. Naked short selling as an example.
I totally, 100%, disapprove of regulation of leveraged investments. I am an investor of over 40 years, and there is risk in any investment. I utilize only one such investment, and use to have a position in a market in which I am considering investment in the physical asset.