Keith McGinness Comment On Regulatory Notice 22-08
It should be our own decision what types of investments we want to invest in are.
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It should be our own decision what types of investments we want to invest in are.
I have used inverse ETFs for over twenty years, well aware that they are risky investments. Yet they are important to diversify away and/or risk-manage my core "long" positions. Losing this functionality would seriously INCREASE the risk in my investment process. Please do not block or qualify the use of inverse ETFs any more than at present.
I not regulators 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 Trading Stocks & Options since April 13 1963 when I Turned 21 . My First Exposure was a Brokerage Firm at 30 Rockefeller Plaza in N.Y.C.
I have been very Successful over the last 59 years and I Understand the Risks Involved in Leveraged - Inverse Funds. My Roth Ira is the only Account - I use for this Type of Accounts . My Wife and I have many other Accounts at other Institutions and would APPRECIATE no Further Discussions as we both Understand . Thank You
Me not regulators 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.
Leveraged and inverse funds are an important part of our overall investment strategies. We use them as a limited portion of our overall portfolio to achieve specific goals. We are fully capable of understanding leveraged and inverse fund and their risks. We should be able to choose the public investments that are right for us and public investments should be available to all of the public, not just the privileged.
allow investors to act in a market economy
I am against any regulation of my buying inverse funds without jumping thru regulatory hoops. As investors, we always have to rely on our own good judgment and due diligence, our society is being regulated to death! I use these funds as part of my overall strategy to protect my other investments.
I am a private investor, I should be able to choose the public investments that are right for me and family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I have taken several investment courses; I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me .
This is completely ridiculous. If I have a brokerage account and read the disclosures on my broker's site, I know exactly what I'm doing and getting myself into. There is no need to babysit investors.