Josh O'Bryan Comment On Regulatory Notice 22-08
I've been trading with leveraged funds for years now and find it a great way to invest in my future.
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I've been trading with leveraged funds for years now and find it a great way to invest in my future.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST Leveraged and inverse funds are important to my investment strategies. They help me hedge my investments and enhance my returns, and I use them as a limited part of my overall portfolio. I have been investing for more than 10 years. With the experience plus my education - a PhD from a university in the U.S., I am capable of understanding leveraged and inverse funds and their risks. I should be able to choose the public investments that are right for me and my family.
Please dont restrict my investment choices wrt levered or reverse etfs. Simply not your duty.
John Etherington
you've already locked us out of start ups with your "accredited investor" [REDACTED] - why can stupid people who are born rich get the best opportunities? now youre taking away BDCs, inverse/leverage etfs? stop SCREWING THE LITTLE GUYS
To whom it may concern. As a private investor, I should have the ability to choose investments that are right for me, and my family.... not the regulator!
Going through special processes such as a test BEFORE I can invest in public security such as leveraged and inverse funds, is limiting my freedom as an American citizen.
Leveraged and inverse funds are important investment strategies for me and have enabled us to complement out portfolio during both bear and bull markets.
You shouldn't have to go through any special process like passing a test before you can invest in public securities.
Explain that you are capable of understanding your
investments and their risks. Tell regulators you do not need
these measures imposed on you.
If people are too stupid too understand what they are investing in that is their problem, not the employees of the U.S. tax payers. Regulation should be used only in instances where predatory practices are taking place and can be proven in court. Regulation should not be used because stupid people lost money in risky investments. If you mitigate the risk in this area those stupid people will simply put their money in other high risk schemes that will burn them. Will that mean that you have to then regulate that arena as well? Where does it end?
Regulators should not choose what investors or traders can put their money to work. I have traded in inverse and leveraged ETFs and that is my choice and my risk. These vehicles are an important part of a trader's tools. Do not screw this up by denying traders the ability to trade these vehicle.
You should not limit my ability to invest in any fund I chose.
I invest in leveraged funds when the market index goes well below where I thin it should be and expect increased returns when the market recovers.
#22-08 will Kill Cryptocurrency, the freedom and anonymity of Cryptocurrency and it's Use is the attraction of Cryptocurrency