Bhupala Kallepalli Comment On Regulatory Notice 22-08
I oppose proposed restrictions which I believe against the spirit of free market philosophy which is essential for liquidity and smooth functioning of markets
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I oppose proposed restrictions which I believe against the spirit of free market philosophy which is essential for liquidity and smooth functioning of markets
I feel that the government should not restrict my investments. I alone should be in charge what I wish to invest in. I am aware of The risks and it should be my right to invest in leveraged assets As I deem appropriate towards my investment goals.
It's absurd to restrict buying securities regardless of how much risk that they carry. If investors want to carry additional risk but purchasing leveraged ETFs or inverse funds they should be able to. No investor should have to go through extra steps to buy any security or go through a "cool down period." Leveraged funds are part of my diversified portfolio as a way to take on extra risk and restricting buying these securities would harm my portfolio.
THIS is not right, I do not need protecting from myself, this is again the bureaucracy adding a layer of complication that is not needed. Please just go away and leave us alone.
I, not regulators or the connected rich and elite should be able to choose the public investments that are right for me and your family.
i oppose the decision to rectrict leverage or inverse funds, everyone should be able to make money in bull or bear markets and appropriately allocate their funds in order to maximize their funds in specific time periods
I am strongly against FINRAs proposed limits that may restrict access to L&I Funds or to disqualify me from trading L&I Funds or other "complex products".
I have a strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading, and that they should be monitored regularly.
My brokerage firm provides warnings in connection with my investments in L&I Funds, and their rationale.
I am a retired Principal of the NYSE and a retired Registered Representative. I oppose any regulatory requirements that would make it more difficult or even restrictive in the purchase of leveraged or inverse ETFs. Such decisions should be made by the investor and not by regulators. These funds can effectively be used by ALL investors as a method to enhance their portfolio or hedge a portfolio WITHOUT having to invest a dollar-for-dollar hedge.
I oppose Restrictions to my right to invest. It is not right for the government to decide for me what I can do with my money. I am capable of earning a wage, paying my bills, & deciding where and how I want to invest my money.
I see no reason I should be restricted from making money / profits from leveraged products as an individual investor. As an individual investor I want the ability to invest as I please without burdensome and frankly unnecessary impositions by regulators or obtaining the blessing of the provider of my brokerage account. While I could support limited net worth requirements I believe no one who invests in the market in naive to the extent that they do not realize all investments have inherent risks.