Valerie Fontaine Comment On Regulatory Notice 22-08
I understand the risk of leveraged ETF/products and use them carefully. They help me get bigger returns with less capital. I should be able to choose what I invest in without having to pass tests.
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I understand the risk of leveraged ETF/products and use them carefully. They help me get bigger returns with less capital. I should be able to choose what I invest in without having to pass tests.
Please do not limit retail investors' ability to choose their own fund allocations, no matter the "complexity." I urge you to reconsider these restrictions. Most investors, including myself, understand the products we're investing in. Please do not let a small minority of gamblers change the way the rest of us can invest.
It is not your responsibility to decide who is intelligent enough to handle their own finances. Most people who invest in these products are fully aware of the risks and rewards. They are not that complicated. I have used them rather successfully for years. I see this as just another example of government overreach, with attempts to control and limit our individual freedom of choice. Enough is enough. Leave my portfolio alone!
Hi, I oppose the restrictions on my right to invest leveraged and inverse funds. I totally understand the risks of these investments and think its a good way to hedge my account especially in such vibrating market. If nobody can guarantee I make profit from normal fund product, why prevent me from protecting my account from the way I like. I like the leveraged funds. The market should give customers the right and freedom.
I oppose restrictions to my right to invest! Leveraged and inverse funds are not complex and the average investor is capable of understanding them with ease. They should be available for everyone and not have a privileged gatekeeper guarding funds for our "benefit". They are a very useful hedge for myself and many people I know personally. I truly hope this never comes to pass and myself and many many more investors will be able to continue to use leveraged and inverse funds in their portfolio.
Comments:Investors should be allowed to access and trade leveraged and Inverse ETFs as long as investors are given a description of risks involved and acknowledge the risks.
Please allow me to object to your FINRA Reg. Notice #22-08.
Kindly inform me of the rationale you are using to justify a
restriction on the public's option to invest in leveraged and inverse funds.
Good Lord, do not touch our leveraged funds, we small time investors know what the heck we are buying. Why would you harm small time investors to benefit your rich wealthy demon rats. Just because they (your wealthy demon rat donors) been getting away with cheating the small time investors for years and now small time investors have some small tools to compete against these crooks now you want to shut us down to protect your rich crooks.
This is beyond wrong, but you know that.
I strongly oppose the government to regulate and/or restrict my right to invest in financial instruments in whatever form. Freedom in capitalism, the right to put my money in public investment without impediment is a fundamental personal right. I have been investing in stocks since I earned my first dollar. I want to continue to have the freedom to exercise that financial option without government intervention in any form.
I have invested in leverage funds for over 10 years. Most of my holdings have been buy and hold. It has enhanced my wealth to a point that I now donated these shares to charitable organizations due to the appreciation. I feel this form of investment is less risky due to it's diversification than to put leverage in buying a house that is leveraged 5 - 1 and the on going expenses of maintaining a house along with it's taxes. To use margin at a brokerage is also very much more expensive.