Ravi Kumar Comment On Regulatory Notice 22-08
I vehemently oppose this regulation. These products are very helpful in managing risk and hedging a portfolio in volatile times such as now.
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I vehemently oppose this regulation. These products are very helpful in managing risk and hedging a portfolio in volatile times such as now.
I invested in XRP because of the barbaric SEC frivolously claiming to have legal authority to do things that they clearly dont. There is no reason for SEC to exist and all SEC employees should be blacklisted. SEC is consistently guilty of creating the very problems it was supposedly created to solve. No barriers to entry should exist for participation in the markets. They just want to reduce retail investors' ability to profit in all market conditions and bet against the failing US economy and overall stock market
Its my money. I dont need YOUR protection. You only protect Wall Street anyway. You are all criminals.
Please keep your business out of crypto , its imaginary
Most people completely understand all the risks inherent in leveraged and inverse funds. Brokerages provide notices for people who do not understand them as a warning (which should be enough!) and it should be an investors responsibility to know what they are investing into. I hold a PhD and know the risks inherent in these types of investments and I think the proposed rule is unnecessary and makes investing more exclusive then it already is. I use these tools to trade in ways that allows me to hedge my portfolio.
I am writing to you as I believe I should have to go through your proposed regulations regarding purchasing leveraged and inverse funds. I have been investing for over 40 years and shouldn't have to now go through a special process like passing a test. I am competent enough to make my own decisions and don't need you proposing measures on me regarding my own hard earned money.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds.
Don't need anymore Government rules
Dear FINRA, Its my money and hence the decision has to be mine. I completely object to your proposed rule.
I primarily use leveraged ETFs for my swing trading strategy. This is an easy way of making additional basis points on my account.