Billy Coutu Comment On Regulatory Notice 22-08
Stop the nonsense
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Stop the nonsense
Hello, I should be allowed to choose the investment of my choice. I am always provided a prospectus or information concerning the risks of investments. I use a small portion of my overall investment allocation to invest in inverse funds. It is not fair to consider any type of mandates, classes, additional education to invest in these funds.
I see leverage and inverse funds as just another investment vehicle. Really no difference than bond funds or Bitcoin or even some of the stocks that are outside there being traded.
I support inverse and leveraged funds.
I don't believe these leveraged funds are riskier than any other stock, an education into the stock market is a must before you just throw money into it, but freedom means that not only can institutions be aloud to buy and sell these stocks but so should everyone else.
I have used leverage funds over the past fifteen years. They are integral part of my investment strategy, one that has allowed me to retire early. This constituent a limited portion of my portfolio but have allowed enhanced returns. This would not be possible has I not been able to use leverage funds earlier in my investment experience or with a smaller portfolio balance. There is ample information available relative to the risks for this class of funds, additional hurdles or limited access is not required.
As a retail investor, I do meticulous research on the financial health of companies I invest in, and do quite a bit of work to justify adopting a particular strategy or level of financial risk. Closing off inflows of retail investment dollars damages me, and my investments, regardless of the intent of the rule
Why Does FINRA need more Power?
I am capable of making my own financial investment decisions together with my Financial Advisor.
This is the USA. and we should be free to risk what we have without more Regulation.
please reject this bill it is not good for the USA & there will be less taxable income when with drew from the IRA, 401k and brokerage accounts.
to darn much gov"t interfvention
I oppose any restrictions on my right to invest. The past few years have shown that many limitations are placed on retail investors which seems to provide unfair advantages to Wall Street. How about doing something that really maters - why is payment for order flow legal in the US?