Senthil Sambandam Comment On Regulatory Notice 22-08
I refuse this regulation. Investors should be allowed to invest without limitations.
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I refuse this regulation. Investors should be allowed to invest without limitations.
This is America. People should be free to do what they want. We do not need more bureaucracy or oversight of individual investors. I like leveraged funds and make a bunch of money by investing in them. Do not be [REDACTED] and hurt small investors like me. It is not your job to protect people from themselves if they are playing with stuff they do not understand. If you want be people to understand this then teach personal finance and investing in the public school system. Do not regulate it here. Don't tread on me.
This country was built in taking risks, and learning from them. If people are stopped from investing in certain securities, sure they may be saved from one bad trade. But that knowledge is incredibly valuable, and the money they can make with that knowledge is worth the sting.
Investment is our freedom..& right to chose..
I disagree with strong government oversize. I believe anyone that chooses to invest does so at their own risk and as such is responsible to procure the information or education necessary to do so. I believe government regulations of individual choice is wrong.
I personally own triple leveraged funds like tqqq and upro for long term investment. 1) I hope the NetWorth requirement is not set too high. Leveraged fund should not be limited to high NetWorth people only. It's more important to make sure fund operators are well capitalized and have expertise to handle stress scenarios like big down day or prolonged recession.
Please do not limit these types of investments. It is more important to stop Congress from investing in stock that stopping little people from wisely researching and investing!
Public investments should be available for all.
We dont need micro management designed to limit opportunities for people outside of the high net worth category. Please focus on real issues and let individuals manage there own money and risk. We dont need regulation here!
There should not be any new restrictions on the purchase of "complex" investments. In my experience the use of professional asset managers have cost my family money the two times we used them. I am perfectly capable of choosing the type of investments that work for my situation. For your information for every dollar I have lost on my inverse fund I made 9 on my other investments. Had the economy gone a different direction the results would have been the opposite. There should not be any new qualifications for people, in order to buy certain investments.