Jim Masciarelli Comment On Regulatory Notice 22-08
As a retiree with long service in paying taxes and abiding complexity. This proposed change
Serves no benefit to citizens making informed choices to invest in public equities.
For the Public
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As a retiree with long service in paying taxes and abiding complexity. This proposed change
Serves no benefit to citizens making informed choices to invest in public equities.
If value the freedom to access a broad range of investment products that help me build a better portfolio! I want to maintain my current freedom to invest in public securities of my own choosing!
I am opposed to the Government regulations that might limit my ability to invest in Leveraged and Inverse ETF's. There already exists regulation to approve investors accounts to purchase and sell Options. It seems to me that if an investor has already passed this approval step, no other regulations or tests is necessary.
I have my rights to choose what investment I want to make, whether I have $10 or $10 millions dollars to spare. It should be available to all, not just the privileged. I understand the leveraged and inverse funds and their risks because I do research on them before making the investment. I don't want to take and pass a test to invest in anything. My money, my problem!
Allowing investors the abitlity to invest in leveraged funds gives us the ability to control our money and is the cornerstone of the American dream. Do not limit our ability to invest in leveraged funds. It is wrong.
Strangling financial literacy by refusing to let people make mistakes and learn is not only counterproductive but an anathema to personal freedom
Too much government in our lives stay out of our investments
I want to be able to choose the public investments.
No Test or any other Process to invest.
Leveraged and inverse funds are important to my investment strategies. For example, currently I have 30% long term etf investment and have 10% leveraged inverse fund to help me protect (hedge)my long term investments which accounts for a limited part of your overall portfolio
To whom it may concern,
I oppose any regulation in my investment choices. Right or wrong, individuals must maintain the right to make their own investment choices. If regulation must be pursued, then focus on insider trading practices of members of Congress. This is where regulation must occur.