Parimal Patel Comment On Regulatory Notice 22-08
I should have the ability to choose the investments that are right for me and my family. Public investments should be available not only to the priviledged.
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I should have the ability to choose the investments that are right for me and my family. Public investments should be available not only to the priviledged.
It is in our own interest to decide whether or not we can invest in any public investment, not just the privileged!
Hello, this brief note is to ask regulators not to restrict access to leveraged and inverse etfs. As a woman in her mid 30s with a long investment horizon these vehicles are an essential part of my strategy. Im prepared for larger drawdowns and more volatility, both risks that my broker emphasizes when buying these etfs. I believe that brokers do an appropriate job of warning their customers about the risks associated with leverage, and I prefer to use a leveraged ETF rather than borrowing on margin to secure leverage, which is even riskier. Thank you for your time!
I have been invested and successfully trading leveraged funds for 24 years. Trading leveraged funds provided me the income to retire early, I am now disabled and no longer able to work, taking away my ability to trade leveraged funds would take away my ability to support myself. The worst thing that could happen is preventing my ability to buy leveraged funds when the market is down, preventing me from ever recouping my investment.
To Whom It May Concern: The world of investments is like any other marketplace phenomena. Prices go up and down. It is a profit and loss system. I should be allowed to invest in any financial product I choose. If an investment is clearly not what it says it is, that is fraud. Fraudulent investments are not legal. Do not impose additional restrictions on the investing public. It does not promote market process. Buyer beware. Investor beware.
I own a crypto currency fund GBTC and this is how I want to have exposure to bitcoin.
I have my long term investment in leverage ETF.
Leverage fund are a great security for smart investors who know what they are investing in. They give great diversity to a portfolio and in some cases provide a good hedge option.
Public Investments should be available to the public according to their choice without restrictions. Out of the various Investments available, some choose the stock market understanding the risk and reward associated with it. Out of this only a small percentage of the people are involved in leveraged and inverse fund and they fully understand the added risks involved,
In this type of situation, there is no need for restrictions on the investor by the Regulators. Thanks.
I want freedom to choose my investments