Manoj Thaker Comment On Regulatory Notice 22-08
DO NOT NEED THESE MEASURES
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DO NOT NEED THESE MEASURES
Public investments should be available to all of the public without having to go through any special process.
I oppose your restrictions on my right to invest in public investments.
This proposed rule is a bad idea. Making any investments is inherently risky - even the "blue chip" stocks have periods when they don't do well. Some people have a higher tolerance for risky investments than others. If they are willing to take the risks involved in buying into an investment, and they have the wherewithal to afford it, they should not be limited.
Also, the list of investments on the "risky" list is not really a very accurate list - there are some that are not that complicated, and there are some which should be there which are not.
To whom it may concern,
I oppose any restrictions on my right to choose to make investments in any public investment. Investments should be available to all, not just the rich and privileged. I am perfectly capable of making my own investment decisions, I don't need you to tell me what is and what isn't a good investment.
To Whom It May Concern - I consider the proposed FINRA restrictions to Leveraged and Inverse funds to be yet another example of the Nanny State coming to the rescue of individuals that the government and their agencies feel the need to protect. I for one am more than capable of understanding the risks of these investment vehicles and want NO restrictions on my investment strategy. L&I funds are excellent short term alternatives for volatile markets (such as early 2022) and are especially useful as hedges to the larger percentage of more traditional equity positions.
The proposed limitations on certain purchasers of leveraged and inverse funds appears arbitrarily selected with no rational justification as to how it is meant to protect anyone. It appears the "protection" factor is nothing but a ruse to give an unfair advantage to professional and institutional investors - by given them privileged access to investing options not available to retail or individual investors. Risk is inherent to all investment options.
Why would you allow an ETF to be EXCHANGE TRADED then remove the ability for traders to TRADE THEM ON EXCHANGES?!
Why would you even consider this action. With all of the other investment options on the market Leverage & Inverse funds are the last thing you need to worry about. If you allow options that provide the ability for a person to loss an "unlimited" amount why would you even consider changing Leverages and Inverse funds?
To whom it may concern,
Regarding the disturbing news that you are going to start regulating and possibly preventing me from purchasing some publicly available leveraged ETF's, I wanted to relay my opposition to such a plan. I have several of these holdings in my retirement and taxable accounts and am fully aware of the risks and significant swings along with the market. Have you seen the volitility in TSLA lately??
Please oppose restrictions on my right to invest in public investments. I made a small investment in a leveraged investment in 2008. It has now grown to be significant in size and one of my best overall performing picks. I have been investing in individual securities and options since 1994. Please don't limit my opportunities to establish a diversified portfolio.