Jun Chen Comment On Regulatory Notice 22-08
Hold on and do not change. Thank you.
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Hold on and do not change. Thank you.
I oppose this. I use leveraged S&P 500 funds as a predominant part of my personal strategy to enhance returns while knowing the underlying investments track an index.
To whom it may concern,
My name is Victor Ranilla with residence in Greenville, SC. I do not appreciate my rights to invest in securities, that I believe are suitable for me and my family, being taken away by regulators.
America is all about freedom, and I feel that this is a threat to my freedom to choose my own investments. My family and I are against this regulation.
I deeply resent these proposed regulations regarding my rights to invest as I deem fit. I'm an adult, have worked hard for my money, and demand you refrain from interfering with my personal choices.
I am writing to oppose restrictions being considered to apply to investors in leveraged and inverse funds. I have invested a modest portion of my assets in such funds as a worthwhile part of my overall investment strategy. I would not be considered a "large" investor.
This is ridiculous. What justification is there to limiting my right to buy these investment products. Post a warning to buyers if you want and provide a link to reading materials, but preventing me from buying the products based on the grounds laid out is not protecting the public. It is limiting our rights.
it is obvious that we all should be allowed to use leveraged inverse funds when the market is going against normal investing methods. the government allows us to deduct losses, but only a small amount on taxes at a time unless offsetting earnings. they only want to participate on the upside, so we need a device to use to make gains on the upside in a down market. Thank you for your consideration in this matter....
I know the risks and rewards in leveraged investment strategies.
I do not need to take any test to invest in these.
This is a bad rule! There is already excessive limitations on individuals from investing in products and securities (such as the accredited investor limitations). More limitations are bad, and will decrease the opportunities for individual investors to make money in the markets.
This proposed rule is AGAINST the very mission of FINRA (which is to protect investors) because it prevents them from actually accessing products that can help protect (hedge) their investments or generate returns in different ways.
I not regulators should be able to choose the investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. This regulation will only enable the rich accredited investors to get richer. I strongly oppose this regulation.