Brad Zarlin Comment On Regulatory Notice 22-08
I'm a very sophisiticated investor. Manage a hedge fund. Went to the best schools. I understand the risks involved investing in these funds. Do not place restrictions. Thanks - Brad
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I'm a very sophisiticated investor. Manage a hedge fund. Went to the best schools. I understand the risks involved investing in these funds. Do not place restrictions. Thanks - Brad
It is my money to do with as I please. I have paid my taxes on it and met my obligations as a citizen, you should have no further interest in it. I wish to be left alone!
Ive invested in ProShares leveraged ETFs, particularly SSO, for so many years. These ETFs have provided a lot of flexibilities to me, and in a lot of cases, they helped reduce my investment risk as it freed up my capital and thus lowered my liquidity risk. I wouldnt simply categorize these ETFs as risky investments only because its leveraged, and thus I oppose the proposed investment limitation
Don't lock regular people out of investment in crypto and crypto funds. Do not take a possible vehicle to obtain wealth from us and hand it over to only those who have wealth.
I've been investing my own money in the stock market since I was 10 years old. Please don't limit what I can invest in. I currently use leveraged and inverse funds, trade options, etc. People who invest in these are already given warnings and pointed to material to read and learn more. We don't need additional regulation. I'm quite capable of investing my money how I think best. Thanks
I understand the risks and should be able to invest my money where I choose. No additional regulation is necessary.
Comments: Dear FINRA, I have been investing in stocks and options for over 30 years and have used leveraged or inverse products for the last 20 years. The proposed regulations and or guardrails for what you call complex products would undoubtedly disrupt the existence of these products and future development of these products. L&I ETF's have given me the opportunity to hedge out portions of my long term holdings for short periods of time. I have also used them to capitalize on short term market dislocations or express specific sector exposures.
I believe in education, not restriction.
New investors need to fully understand the risks, why it is best to only commit a small fraction of their overall available funds, NEVER go on margin, and never go all-in, and understand how the overall market can seriously affect or influence the outcome of ones leveraged trades.
We should be allowed to buy leveraged fund/inverted fund if we understand the nature of of the product
I do not consent what you regulation team is traying to do, impose different ruls for a sertan group of investors.
I do believe in equality and fairness and a plain field for everyone more when it come to investing.
I do use and need this instrument as a part of my portfolio strategies.
This type initiative magnficate the miss trust in the system in place.
Please reconsider you action before its to late.
All it does it pushed people to look for alternatives options outside the Broken System! Like BTC Coin and a Decentralized wallet etc
Thank you.