Ling Xia Comment On Regulatory Notice 22-08
Please let people have a choice in trading! The new rule is not fair to average traders.
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Please let people have a choice in trading! The new rule is not fair to average traders.
Leave my investments alone. I should be able to invest my money anywhere I choose without interference
It is my money and we should be able to invest in low or high risk investments.
I am a retail investor that has been successfully trading in leveraged investment vehicles for more than four years. These vehicles are important to my personal investment style and I am very comfortable with the EFT I have chosen.
Through my own study of the EFT and the prospectus provided by the fund, I am well acquainted with the risks inherently involved in the purchase and sale of my chosen EFT stock. I do not use an investment adviser.
I should be able to invest in what I want. I understand there are risks and you should make a confirmation for people buying with the risks. To punish people who learned isn't fair. I've learned through time in the market and losses. Just as any trader. I'm finally profitable in what I do. I use leverage etfs. If people lose money then they should lose it that way they learn properly to manage risk. Losing is the best teacher people learn what to do and what not to do.
I'm a long-term, experienced investor and use leveraged and inverse funds to protect against sudden downsides . . . .
like we are experiencing in today's market.
I have used leveraged ETF's and their associated options for nearly 15 years to improve the life of myself and my family. Please do not limit my use of these products to achieve financial goals - my family is depending on them.
I am very able to choose what I invest in. I don't need Regulators to babysit my finances for me. I shouldn't need to pass any "test" to exercise my Right to Pursue Happiness. Get the Federal Government's nose out of my business.
I oppose restrictions to my right to invest. I should be able to choose the public investments that are right for me and my family. I shouldn't have to go through any special process like passing a test before I invest in a public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies and I use them as a limited part of my portfolio.
It is me as a US Citizen and individual investor - not regulators who should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.