Danny Beane Comment On Regulatory Notice 22-08
I need to be able to buy leveraged etf's. They are very useful.
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I need to be able to buy leveraged etf's. They are very useful.
To whom it may concern,
I am an educated adult who can make my own choices about what investments I make. I DO NOT need the government to tell me what to invest in, what not to invest in or be involved in any way in regulating leveraged or inverse funds.
I vehemently disagree with this proposed action
To whom it may concern,
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.
These investment vehicles have become integral to my investment strategy. They are wonderful tools to help me protect my investments.
I am more that capable to understand the way leveraged ETFs function and the risks involved.
I would like to asked that you not take these tools away from me and the rest of the retail community.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except the rich people. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged or inverse funds are. Also, the liquidity will be severely affected if passed.
Please kindly understand you Do Not know what's good for me, re my investment strategies and/or my utilizing leveraged derivatives for essential short term trading income.
I do not need nanny-state "testing" to demonstrate my already evident knowledge. I have already passed a far more difficult multi-decade "exam" -- i.e., my historic success in this pursuit despite continually evolving market environments.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except the rich people. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged or inverse funds are. Also, the liquidity will be severely affected if passed.
Hands off my crypto.
I believe that current disclosures and restrictions are adequate to inform me regarding risks of leveraged and inverse investments. Restricting the options to invest in such alternative and hedging options could, in fact, take away very important portfolio risk managements tools, which could trigger more volatility due to investors like myself selling positions they would like to hold longer term, but would likely not do so without alternative investments and hedging options like ProShares BITO.