Peter Hope Comment On Regulatory Notice 22-08
Leveraged and inverse funds are important to my investment strategies. I use them to hedge my investments and since I do not use options, they are especially important to me.
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Leveraged and inverse funds are important to my investment strategies. I use them to hedge my investments and since I do not use options, they are especially important to me.
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. Additional regulation would only serve as an unfair restriction on the public in investing in public securities. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of making my own decisions and doing my own research, and everyone should have a right to those things.
I am not in favor of this rule and should not be restricted when I use my own money to invest and not on margin.
I oppose limitations on your ability to buy the Funds. That is my invest right. To buy public securities is my invest right. I don't want and need any test before I buy public securities.
Dongbin Zhang
Stop blocking investor to buy leverage etf!!
We want a greener America right? The best way to get there may be to make it easier for people to buy NRGD.
This is the Big Oil 3x Bear ETF. The Bull is NRGU.
NRGD is about $100/sh, but if the SEC were to allow fractional share purchases for all Americans of any income level, they could buy 1/100th of a share for $1.
I understand that the SEC wants to restrict my ability to buy and sell leveraged and inverse funds. I oppose any such restrictions. I do not need the SEC to "protect" me or my interests. Please stay out of my business.
It's just come to my attention that there is a proposal to impose restrictions on my ability to trade publicly traded securities that may come in the form of testing, having a certain net worth, getting special approval from my broker, having read certain materials or being subject to "cooling off periods" while investing.
Im against the proposed regulation to limit my ability to buy and sell Proshares and other investments like that. Please do not change the existing regulations.
I believe your proposed limitations placed on leveraged and inverse funds is not only unnecessary, but another bureaucratic overreach predicated on the false premise that individual investors are not capable of making intelligent decisions of where to invest THEIR money.
As an individual investor since 2018 (at the age of 72), I have used expert advise and my research on investing in such funds as a portion of my portfolios. Placing undo burden on me for future such investments does not assist me in any manner, and indeeds, is a negative influence on my investment strategy.