Kerry Heitkotter Comment On Regulatory Notice 22-08
Please support crypto but not over regulate it. We are aware of the risks. We do not want heavy government involved. Leave us alone. Every financial system you have touched is destroyed.
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Please support crypto but not over regulate it. We are aware of the risks. We do not want heavy government involved. Leave us alone. Every financial system you have touched is destroyed.
I am attorney and enjoy the access to financial products to trade/invest on my own. I like to think and analyze trends (short and long term). The leveraged products are easily understood (e.g. prospectus available) and are less volatile than futures that involve middlemen.
I oppose all restrictions to investing or downgrading our access to public securities that are available. Having access to leveraged, commodity inverse, index and the full scope of investment tools is essential, without restrictions, to my trading strategy.
I believe it is up to each individual to perform their own due diligence before investing in a stock, etf, etn or mutual fund.
Leveraged and inverse funds offer opportunities to those that handle their own investments, burdensome rules and regulations will serve to limit access by the independent investors.
I am opposed to any restrictions or special processes to trade my own money. That's my business only. Thanks
I do not want to lose the ability to conveniently access leverage through leveraged funds. These leveraged funds are an important part of my investment strategy, and should be accessible to the common person
Please oppose any unnecessary, authoritarian regulations that restrict peoples ability to freely trade the U.S equity market.
I use leveraged funds as a partial strategy in my brokerage portfolio. Right now, my entire portfolio has pulled back, as a natural economic occurrence. If you artificially constrict the volume of activity that would naturally occur in any way, my chances of recovering, over the long run, are doomed. The leveraged fund that is loved by millions of traders and investors is the TQQQ. It is made up of America's best companies and, will not only come back to all time highs, but flourish because of Americans' ideals of freedom and ingenuity.
Comments:
I urge FINRA to continue with the existing policy that allows leveraged inverse funds to be treated as any other publicly tradable ETF fund.
Individual investors/retail investors should have the freedom of choice to engage in risky, short-term heavy assets.
Please do not block us from trading any stock I want, I feel that I should have my own right & freedom to chose where I want to invest and I dont like being restricted. So please do not add any restrictions to buy any stock.