Anne Guo Comment On Regulatory Notice 22-08
Please keep the regulations as they are now. No change is needed.
Thanks!
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Please keep the regulations as they are now. No change is needed.
Thanks!
To Whom It May Concern,
Leveraged ETFs is the way for us to capture the upside of the market on small investment amount that we own. We can not be satisfied with risk less or 5% investment return product which may not be sufficient for our need. Also at the time of lows of the market it would be major blow to our strategies.
Since we own small amount and we completely rely on our constant monthly income our risk is more on losing our job compare to leveraged ETFs.
On good time the leveraged ETFs give us the opportunity to earn income.
I don't support your increased regulation on these funds. Maybe you and your buddies in the Treasury and the Fed should back off and stop juicing the markets with easy money. You already have way too much power to pick winners and losers in this supposedly "free market" economy. [REDACTED].
FINRA:
I'm an independent individual investor. I should have the right to choose the public investments. I have over 10 years of experience in leverage and inverse funds. I don't need these measures imposed on me. Leverage and inverse funds are important to my investment strategies.
Our stock market is the most popular in the world. And thats because its of the people, for the people, and by the people. I understand the need for regulation and Id say that FINRA is doing a great job thus far. But touching investment tools that make retail investors like myself a tad bit stronger is simply an undemocratic move on part of the regulators. One who is capable of trading stocks, is capable of understanding risks and rewards of financial tools. Please continue to make these tools intended for the whole public, to remain for the public.
I AM STRONGLY OPPOSED TO THE PROPOSED NEW REGULATIONS CONCERNING LEVERAGED AND INVERSE FUNDS. THEY ARE AN EXCELLENT MEANS OF OBTAINING BETTER, ENHANCED RETURNS. I AM WELL AWARE OF THE RISKS INVOLVED. THE GOVERNMENT SHOULD NOT INTERFERE WITH THE PUBLIC'S RIGHT TO INVEST AS IT SEES FIT. THE GOVERNMENT MUST NOT INTERFERE WITH FREE ENTERPRISE. IT IS NOT A LEGITIMATE DUTY OF THE GOVERNMENT TO PROTECT THE INVESTING PUBLIC FROM ITSELF.
Do not restrict choice and availability to general public investors.
I should have the right to purchase any leveraged or inverse fund. I have used these investment strategies to hedge my portfolio on many occasions. When the markets are in a downturn these hedges give me another investment option.
The big money traders have all the hedged investment opportunities available, so why should we be limited with our choices. This is "WRONG" for the regulators to oppose my right to invest in any manner that I choose. FREEDOM!!!
Once again, Government overreach!!! You destroy EVERYTHING you touch! Stick with deciding if your a man or a woman and leave AMERICAN FREEDOM alone!