Clark Highstrete Comment On Regulatory Notice 22-08
I am an educated adult citizen. Please do not restrict my rights to invest as I see fit.
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I am an educated adult citizen. Please do not restrict my rights to invest as I see fit.
I oppose any restrictions on my rights to invest.
These are not complicated financial instruments instruments and vital to my trading policy.
Sir/Madam,
Please do not restrict my ability to make investments in the stock market however I choose to make them. By limiting my access to inverse and leveraged funds, you are effectively reducing my ability to improve the outlook for my retirement future. I am aware of the risks involved, but these risks are, in my mind, no greater than the risk already inherent in the market itself, but with a shorter timespan for profit or loss. As an investor, I am already well aware of that risk, and feel I do not need a government entity to take that opportunity away.
I strongly oppose any new restrictions on certain investments! I (Not regulators) should be able to choose investments that are right for me and my family. I should have the freedom to make those decisions. Public investments should be available to EVERYONE, not just to certain groups that regulators deem as privileged enough to participate!
What are you trying to do anyway take people's rights away to buy stocks on the open market? Do you want to make it so just the insiders and the politicians get first choice and buyers like me get the left-over crumbs!
I oppose restrictions to my right to invest, specifically in leveraged and inverse funds such as SQQQ, AGQ, They are critical tools for investors such as myself to hedge in markets.
I understand the concerns associated with options and leveraged products (2x,3x). However I dont think restrictions should be placed for people with experience. There are other areas that deserve your attention instead of this. We will let our congressmen know as well.
Seems like someone is really interested in keeping retail investors away from leveraged ETFs. They will allow only big boys make money. Let the poor stay poor and rich get richer.