Hamid Nejad Comment On Regulatory Notice 22-08
Im against the proposed regulation to limit my ability to buy and sell Proshares and other investments like that. Please do not change the existing regulations.
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Im against the proposed regulation to limit my ability to buy and sell Proshares and other investments like that. Please do not change the existing regulations.
I believe your proposed limitations placed on leveraged and inverse funds is not only unnecessary, but another bureaucratic overreach predicated on the false premise that individual investors are not capable of making intelligent decisions of where to invest THEIR money.
As an individual investor since 2018 (at the age of 72), I have used expert advise and my research on investing in such funds as a portion of my portfolios. Placing undo burden on me for future such investments does not assist me in any manner, and indeeds, is a negative influence on my investment strategy.
Please do not regulate LETFs anymore than they already are. Retail investors should have access to them. We can understand risks and evaluate them just as well as institutional investors and determine our own allocations towards LETFs, if we do see fit.
Please do not add unnecessary regulations. Please keep the market fair and open to everyone.
Don't try to make it difficult to invest my money how I see fit. I know and familiar with the risk that comes with this and know when to cut losses and take profits.
I like triple leveraged funds because I can use 1/3 of my actual cash. So it's safer!
Hello
I myself and 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 should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to my investment strategies. This is a free country, and a free choice is only free if citizens are allowed to make higher-risk investments at their own discretion.
It's ok to limit certain types of investments to Sophisticated Investors, a category of investor that already exists. To add more restraints smacks of undue government intrusion on individual investor discretion and protects no one.
I oppose restrictions to my right to invest. If I choose to make an investment, I can 1)educate myself about that investment, 2)take my chances, or 3) work with my trusted investment advisor to assist in making my choice. I normally choose #3 but in any case, the choice should be available and mine for all investment opportunities. Thank You.
The more rules the better on the Investment industry. Their only guiding principle is fleecing the flock of uninformed investors. No unproven 'vaporware' of 'investments' should be allowed without full SEC scrutiny. We do not need meme stocks, 'alternative' investments, gold, crypto and other risky investments with no underlying value to be allowed to access common investor capital.