Ravi Kumar Comment On Regulatory Notice 22-08
Please let us decide what we can buy/sell
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Please let us decide what we can buy/sell
I am very concerned about the proposed regulations. I understand that some people do not understand these investments but I should be able to invest in the investments that are right for me. Leveraged and inverse funds are an important part of my investment strategy and can help me hedge the markets during certain periods.
I need to be the one who decides which public investments are right for me and my family. I do not want a government regulator deciding or restricting my ability to choose my investments.
The investor should have freedom to purchase whatever the product he want.
I'm both a financial advisor and an investor, i find the the leveraged etf's are necessary to mitigating long term risk. by themselves they are a problem. but when used corrrectly they help lower volatility of the overall market, and individual investor portfolios, especially since there is no other way to easily hedge the down side in retirement accounts.
i am opposed to investor restrictions on what i can do.
I would like to trade conta ETF and Laveraged ETFs.
Hello,
Do not cut off investing on these leveraged etf's. Especially for seasoned investors like myself.
Thank you
Prior to retirement I was in the securities industry for over 40 years, a substantial period was spent as a partner of a major securities firm as VP in charge of derivatives. I dealt with people and firms with an interest and need to hedge their risk - my own portfolio is hedged appropriately with the instruments you mention. The proposals that you consider are needless and counter productive.
Shame on you. You should regulate Tesla and other big funds rather than us.