Rex Ling Comment On Regulatory Notice 22-08
This is Roberta Ling, wife and joint invester with /rex Ling. I don't see any reason for regulation or restriction at all.and strongly oppose the restrictions
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This is Roberta Ling, wife and joint invester with /rex Ling. I don't see any reason for regulation or restriction at all.and strongly oppose the restrictions
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
It's no ones business what I spend my money on as long as I'm not hurting myself or others. The government needs less restrictions, needs to quit taxing us period, let alone the triple taxing us the do. The government is hurting the very people they were elected to protect. All while claiming its for our benefit. What a sham! If they really cared about the people they work for, they would take a hugh cut in pay, stop getting a pay check for life and burdening the Americans coffers.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
I oppose this rule.
I want Freedom to buy funds as I see Fit!
I need hedge to protect my retirement in this dangerous market, please don't take them away.
We investors know the risk associated with our investments, including leveraged funds. We don't need to take test to invest our own money!
An average American who chooses to invest in equities is competent and capable of understanding the various forms of investments and the related risk. Being able to invest in leveraged equities is a crucial part of both traditional investing as well as hedging strategies that are ABSOLUTELY ABLE TO BE EMPLOYED WELL by average people. Reducing the number of potential investments and investment instruments will make the general market LESS robust and MORE fragile.
I believe all investments should be available to the public; imposing additional restrictions on leveraged and inverse funds is simply a way to preclude the public from investing in good vehicles, essentially reserving these investments for only the wealthy and privileged, which is contrary to the American ideals of justice and liberty for all. I have no problem understanding the theory, trading thesis, and fees of leveraged and inverse funds. There is no need for the government to impose additional tests or barriers to entry.