Sebastian Fernandez Comment On Regulatory Notice 22-08
I oppose limitations on leveraged funds
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I oppose limitations on leveraged funds
I resent that a government agency wants to take my right to choose what I wish to invest in. This is not (yet) a socialist country. Why do you think the people of this country are not smart enough to decide for themselves if an investment is right for them? Investing in a varied selection of assets is a way to PROTECT ourselves (portfolio) from certain types of market moves. Why should we be limited by yet another foolish regulation that will only hurt those who choose to invest in such things as leveraged and inverse funds.
Please dont cancel these etfs for the retail customer
To whom it may concern,
I am an individual investor and I make my own investment decisions, including the use of leveraged funds. I have previously used and still use leveraged funds to achieve better investment returns in market segments that I think will rise in value. I neither need nor want the federal government making those decisions for me. It is not the purpose of the federal government to regulate my ability to invest in widely available securities of my choosing. I strongly oppose any restrictions on my ability to freely do so.
As an American citizen we all need to have freedom to buy and shares we want. govermment should not stop our choice of investment.
Dont limit my investment choices.
Dear Regulator,
I should have the ability to invest in the kind of security I want. I have deep understandings of what these kind of products are as I have been in the financial markets for long enough. I do not invest big portion in this type of products but are of vital importance for my investment strategy. I use inverse funds which bring a huge opportunity in times like this when the market is falling. In fact this is one of the easiest ways for me to buy a hedge without going into more complex products such as options.
Thanks
Gentlemen, I am puzzled! Wall Street already has a clear advantage over the retail investor on multiple fronts including and not limited to, research, software, the speed of execution, inside information and in politics. Let us not forget the Robinhood fiasco the past year which was just one example of how markets are manipulated and front-run against the individual investor. Knowing these facts, why does FINRA want to further handicap the retail investor?
We strongly feel we should be able to choose what we can invest in. Leveraged funds are very important to small investors when we compete with professionals in Wall Street.