Robert Wagner Comment On Regulatory Notice 22-08
I retired as a CFP and have been investing my funds for over 50 yrs. I understand the risks involved and I would not be happy having my investment rights limited.
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I retired as a CFP and have been investing my funds for over 50 yrs. I understand the risks involved and I would not be happy having my investment rights limited.
I do not support the proposed new regulations to leveraged and inverse ETFs. These investments give small investors access to tools that allow us to profit from certain moves in the market. Limiting access to these types of funds would further an unfair playing field in the market.
Leveraged fund are a key piece of my investment strategies. I am experienced enough to read and understand the risks and do not want any special measures imposed on me.
I choose to invest in Leveraged ETFS. Individual investors choice.
Dear Sir / Madam:
This proposed regulation really hurts investor's interest. Firstly, it opens a door to the abuse of a vague definition of "complex products". In addition, it is investor's freedom and responsibility to make his/her own judgement. We do not need babysitting from regulators - unless regulator will pay for the loss of our investment. These leveraged and inverse funds are very critical part of my investment strategy to hedge the market volatility, especially in this moment of market uncertainly.
Please reconsider this proposal.
Government must not restrict nor interfere with our right to invest when, where and in whatever we may choose. The subject of our investment choices is none of your business.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
I should be able to invest my money the way I choose to invest it. My money my choice. Thank you,
I do not need regulations on risk. For a market to be fair, I must be able to assess my own risk. At the most, offer a signature requirement to accept risk. I do not hold anyone but myself liable for any losses that I have taken.
I have been using inverse funds as a hedging tool since they were first introduced. I am currently using them to minimize portfolio damage, both in equities and fixed income. I am not a "licensed professional" but have been doing self-directed investing for over 50 years. I am totally opposed to any restrictions on my ability to invest in all available funds beyond those already required by my broker and by IRA regulations.