Giancarlo Cruz Comment On Regulatory Notice 22-08
Let the investors invest freely.
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Let the investors invest freely.
Here we go again. Try to make it look like you are just trying to protect us since we can't possibly be smart enough to evaluate the funds. Thank goodness that the government and Wall street are here to save us. This is just a method to control the market. It has nothing to do with protecting individual investors. Why are you so concerned about funds but we can gamble as much as we want in Las Vegas. Please protect us from Vegas, for crying out loud, they give us alcohol. We should probably get a license for that as well.
Please allow me to make my own decisions as to how, and where I invest my money.
Ordinary investors have very little ways to protect themselves against bear or declining markets, and inverse ETFs provide that opportunity. Hedging is absolutely necessary to protect ordinary Americans' hard-earned gains. To take that away or leave it to only the richest is outrageous. I urge you to stop this overreach into Americans' financial affairs, and to continue to allow these valuable products to be sold to anyone who chooses.
Dear Sir or Madam
I have responsibly used leveraged and inverse funds for > 5 years. I know exactly what they are and how they function. I strongly resist having to go through any special process, test, special limitations or any restrictions on my ability to purchase, sell short or otherwise trade these securities.
To whom it may concern,
The prospectus is clear and easy to understand. Products like TQQQ and SQQQ are behaving exactly as expected. No additional regulation is needed at this time. Thanks
This level of control is unnecessary, and instead just represents government overreach into what is otherwise free market capitalism. If investors feel that these funds are too risky or illegitimate, they will not and should not invest in them. It is unnecessary for the government to be involved in restricting the availability of such funds.
Ladies & Gentlemen,
I should be able to choose the investments that are right for me and my family. Public investments should be available to all. I strongly appose restricting these options.
Thanks,
Dave Schuster