Max Hollen Comment On Regulatory Notice 22-08
Stop trying to take away our source of income. I trade QQQ and SQQQ specifically and that is our family's income. Stop being greedy. Your PDT rule already keeps people from making money on their own
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Stop trying to take away our source of income. I trade QQQ and SQQQ specifically and that is our family's income. Stop being greedy. Your PDT rule already keeps people from making money on their own
Hello,
I oppose restrictions to my right to invest. It is my money and I should choose what I do with it. Regulators should not choose how I invest, only I know what is best for me and my family and such restrictions set by regulators would impose my freedom to do what I choose with my hard earned money.
First let me say that I am a Roosevelt supporter (Teddy and FDR), not anti-government.
I have traded ProFunds, which offers shorts and leverage, for about ten years. ProFunds is my favorite fund family.
I do not have an advisor or broker, and I never have or will. Common knowledge is that advisors underperform markets by the amount of their fees.
It is none of your business what I choose to invest in, and you are not some god-like incredibly talented people. You are just typical government employees trying and failing to appear smarter than the rest of us. We do NOT need you or your rules to "protect" us from investment risks.
We all understand the stock market has become a casino which the SEC refuses to properly regulate, as does Congress. For example stock buybacks mainly help the wealthy and should be illegal, not promoted. Try focusing on those instead.
Hi FINRA Regulator, I am a retail investor and 90% of the time, I buy stocks and broad market ETFs. However, in some occasions such as March 2020 and Now, I have used some of these complex structure funds to hedge my positions before during market volatitle. Although, I am not a big fan of Leveraged ETF or any complex ETF funds, I still don't like the idea of restricting them to general public. Regulators should give option to retail investors instead of limiting their choices.
Quit telling me what's good for me and what's not ... get off my back with your [REDACTED] concept of morality
This is outrageous, regulators should let us make our own decisions with our money.
It is MY RIGHT as an American Citizen to chose what I invest in on what my needs and what I can afford to invest to hopefully have something to leave my Children when I'm dead and gone! Instead you Democrats are breaking laws everyday! Putting [REDACTED] ideas in American Peoples minds! Every one that is involved in this mess needs and should step down immediately before that chance is thrown out the window and hopefully some of you who HATE AMERICA/TRUMP SUPPORTERS/RACISTS/ RADICALS. LOL the dems are the Laughing stock of the world.
It has come to my intention that FINRA is considering taking measures to prohibit or regulate self-investors & traders from buying and selling leveraged and inverse funds. I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I have been in leveraged ETF's for about 6 years. The criteria that Fidelity has in place is more then adequate to assure that the ETF investors can deal with the volatility based on their financial status. The market today is quite down but I'm not hurting because my basic financial situation is sound,