Robert Iacobacci Comment On Regulatory Notice 22-08
It is time to pass sensible regulations and you have my full support.
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It is time to pass sensible regulations and you have my full support.
I have been enrolled in my own investments for quite some time and I don't want that to change.
I have immense issue with the proposed changes to certain investments moving forward. I strongly believe that I not any regulator should be able to make decisions on what investments I put my money into. These investments should be available for all people not just people who meet privileged requirements.
I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before investing in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Please do not regulate what I do to invest my own money. Leveraged and/or inverse funds can be used responsibly in investment strategies, including being useful hedges to protect against downside risk.
I oppose restriction to my right to invest
I do not support this. Let me invest how I want.
Leveraged securities are tools for small individual investors like me to be able to play in the same game as hedge funds that have tons of assets. By limiting my ability you are siding against leveling the playing field for individual investors like me.
I oppose restrictions on your right to invest in public investments.
Taking away financial tools including leveraged funds only hurts retail investors like myself. Everyone should have the opportunity to learn, understand, and invest in these securities based on their own strategy and investment goals.