Dennis Frank Comment On Regulatory Notice 22-08
I oppose restrictions to my right to investment choice. You would be stopping me from free choice. I see these ETFS as an oppertunity that you would be taking away from me .
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I oppose restrictions to my right to investment choice. You would be stopping me from free choice. I see these ETFS as an oppertunity that you would be taking away from me .
For me leveraged funds funds are a small part of a well thought out Pro-folio I have put together myself.
Im not some super rich person nor did I have to take a test!
This is a right all should have in a free market environment! It should stay the way it is!
The US Government is already much too far reaching with its regulations. More and more and more are added every year. Stop interfering in everyone's lives with your over-regulatory zealousness! Stay out of private citizens business! You're not our mother!
I feel that stopping the general public from obtaining the same possibilities allowed to those that are currently considered captains of industry is atrocious. It feels like the haves and the have not all over again while the government helps them suppress the potential of the common man in the name of government regulation. It is really just those in big business making sure people don't have the opportunity to thrive without paying them a percentage. This is unconstitutional at its best.
I am retired. I have been saving/investing consistently over the greater portion of my life. I have "various saving/investing buckets" of diversified monies/funds... conservative, moderate, aggressive, et al. My savings/investments are calculated/weighted with consideration to both the upside and downside potentials over a "longer-term-rather-than-shorter-term" horizon. I am opposed to additional regulations which might limit my options. There is sufficient information online to gain knowledge one needs in order to make informed decisions for themselves.
To whom it may concern. I am writing in regards to the proposed restrictions on certain investment vehicles. My position is let the free markets decide which type of investment are marketable and of interest to the investment community. Politicians are not in a good position to make these decisions. There are already many safeguards in place to ensure educated investors are appropriately screened and warned about the risks of certain types of investment products. Stop the overreach and prolific over regulation.
I began investing in a Inverse S&P fund an have taken massive hits to my assets that I have spent 20 years saving, you do not have the right to stop this at your will. I will file a lawsuit if this stops when it is beneficial for me and my family.
Will I be paid for the loss I incurred buying leveraged and inverse funds 10 years?
I oppose these rules and feel they are completely unnecessary.
Please do not do anything to restrict investments! It's the American way to allow us to make a choice and reap the benefits or suffer the consequences.
We DO NOT need big government trying to make the world "safe" for us.