Brandon Luke Comment On Regulatory Notice 22-08
I'm against increased regulation of leveraged products.
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I'm against increased regulation of leveraged products.
Restricting Main Street investors from investing in leveraged and inverse funds is acting in a Nanny State manner. Americans should be able to live their lives as they see fit as long as their actions do not adversely affect others. Punishing the majority for the foolish actions of the minority is not a winning formula.
I want to be able to continue to purchase leveraged funds. They have benefitted me to a great extent and I don't want this ability to be taken away from me.
Please dont change the rule on how we can invest. This would take one of our freedoms away. We should have the right to invest as we have by in the past.
I understand that leveraged and inverse funds present significant risks and opportunities. It is important to me to have these investments available as I manage my portfolio. Please do not inhibit the availability in conjunction with either brokerage or IRA accounts.
I'd like to voice my concern about the potential to restrict investing access to leveraged and inverse funds. These products help investors protect their portfolio and the risks are understood. Changing the rules now when portfolios need protection the most is careless, reckless, and risky for investors.
I am a small individual investor, inverse funds help me hedge my long investments. The firms and wealthy can and do use options and short sales to hedge, but I don't want to take on that kind of individual risk. Please consider this.
It should be my right as an investor to purchase leveraged funds-ETFs as long as the risks are disclosed.
I would like to submit a public comment on possible restrictions on my right to invest in public investments. Especially leveraged and inverse funds.
By way of introduction, I am 60 years old, and make most all of the financial decisions in my household. I am an active investor in stocks, funds, bonds, emerging markets, and crypto. Basically, I trade in multiple and varied securities, and run my personal portfolio much like any investment broker.
I strongly oppose this proposal. While complex investments can be difficult to navigate for unprepared people, they are also powerful wealth building tools for intelligent investors who are just starting out in their wealth building journey. Imposing regulations would be a disservice to future generations looking to build wealth.