Roger Green Comment On Regulatory Notice 22-08
Please We have no other way to hedge our investments. There is more than enough info out there to explain these investment vehicles. The leveraged instruments have been out for years.
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Please We have no other way to hedge our investments. There is more than enough info out there to explain these investment vehicles. The leveraged instruments have been out for years.
Although I don't disagree with some regulation, I do have a hard time accepting restriction from investing in funds or stocks that I deem are acceptable to my risk appetite. If the regulation proposed would eliminate my access to these funds that I have the ability to research prior to any investment, I strongly oppose it. If the regulation would require that my investment vehicles be vetted for legitimacy and/or for misinformation, I'm all for it.
Thanks to my knowledge acquired in many years of study and work, I can take charge of investing in any financial asset and I take responsibility for it. USA always represents the possibility of investing with freedom and that is its added value in the world.
FINRA:
I oppose restrictions to my right to invest I should be able to choose the public investments that is right for me. Public investments should be available to all not just the privileged ones. I am capable of understanding leveraged and inverse funds and their risks. Leverage and inverse funds is a way I use to enhance returns.
Regards,
Yamil
I believe individual investors should be able to invest in leveraged and inverse funds. While not for everyone, the investor should be able to decide for themself and their family situation. I have used leveraged and inverse funds to great effect in my own investing. While they have not always worked out as I had hoped/expected, neither has any other type of investment.
The Top 1% is like a private club, and this "club" continues to find new ways to shut out the "little guy" because you don't want us getting in the way of you gobbling up all the wealth. Public investments should be available to everyone, not just the privileged. So when you start paying your share of taxes, then we can talk -- but until then, SHAME ON YOU!!
Why has this troubling threat of severe restrictions shown up again to damage retail investors- many of whom are middle-class hard-working law-abiding Americans- by trying to take away the ONE SINGLE WAY we have to create decent financial protection and secure retirement for ourselves? The mega-money people in the Wall Street game have their insider information, algorithms, and just-this-side of legal maneuvers and methods to make the big bucks, kicking us retail investors to the side.
Over the years, I have used many of the "complex products" that are the subject of Regulatory Notice 22-08 including leveraged ETPs, inverse ETPs and options. In all cases, I did the appropriate research on these products to understand how they work and the risks associated with using them. These products have been an important part of my investment portfolio to either hedge certain positions or to leverage other positions. In all cases, if I reviewed a complex product and it was unclear to me what it was or how it worked, I simply did not include it in my investment portfolio.
In a free country I should be free to invest my money the way I see fit, not the way the government wants me to invest. I have done very well in leveraged and inverse funds. Markets go down as well as up and you can beat the market without the risk of individual stocks by using leveraged funds. The government has already taken far too many of our rights away in an effort to cater to powerful & wealthy special interests. This would be another in a series of travesties.
It is very important to me to make my own investment decisions, not have them made for me. I want to retain every opportunity to make any type of investment I choose. I've purchased inverse and leveraged funds without excessive risk and have made a profit. One shouldn't have to be wealthy to have the "privilege" of the full range of investment opportunities. It's wrong to close most people off and require "testing" to see if you're competent.