Peter Murphy Comment On Regulatory Notice 22-08
Do not regulate or ban these trading options for investors. Investors would lose an edge if these funds were banned.
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Do not regulate or ban these trading options for investors. Investors would lose an edge if these funds were banned.
Every day, from all points of the compass I get pleas from every imaginable organization you can possibly think of to write a letter to help them try to fend off more insane regulation born of incestuous maniacal authoratarian power grabs.
The one that produced this letter to you is no different so the message to you is no different either.
I am upset to hear about the possibility that this investment possibility is possibly going to be restricted, especially if a basis used would be net worth. There is enough class separation in the US already. Removing opportunities from those with LESS money is horrible.
Please stop adding more government regulation burdens. The cost to investors greatly exceeds any benefit. I am an investor. Assessing risk is what I do. I don't need or want any help from the government.
More government, higher cost of government, higher taxes is just the opposite of what investors need.
Sir/Madam,
I would like to let you know that I like to trade leveraged ETFs. I don't want my options to be restricted.
Thanks,
Would not be fair, people need an easy way to hedge against other long investments they own GERALD COHEN
I oppose this regulation.
I use the leveraged and inverse funds as a hedge for my
portfolio during time of volatility.
I strongly oppose the restrictions on my right to invest in the leveraged and inverse funds which I have a full understanding including their risks. Also I strongly oppose any requirement on me to pass a test before I can invest in the leveraged and inverse funds which should be available to all of the public, not just the privileged.
Freedom to choose how I want to invest my money should be left to me. Govt should focus on providing reliable and fraud free market for investors.
Leveraged ETFs are an extremely important part of my investment strategy. I am familiar with the risks, and the discontinuation of my access to these instruments would adversely affect my portfolio to a great degree.