Jesse Elmore Comment On Regulatory Notice 22-08
Please don't limit me from using leveraged investment vehicles.
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Please don't limit me from using leveraged investment vehicles.
It is not okay to limit investors' option to invest. Killing market liquidity has never been a good move. I need inverse and leverage funds to hedge my portfolio risk in a low cost way.
A fundamental aspect of your job is to not only protect consumers but to allow us equal access to products to assist us in our free choice of investments. The discriminatory practice of limiting individuals witu
This is my right to invest in the fund I want. You dont have any rights to decide where can I invest. Dont close leverage funds.
Instead of limiting the types of investments I can buy, please use your regulatory resources to after the out and out scamsters like Bernie Madoff and others who prey on the elderly.
Whlie you're at it, people are losing their life savings in crypto offers, NFTs, and tokens. Those are much more dangerous than leveraged or inverse funds.
People should not be discriminated against based on their net worth.
This is America... Americans saw the terrible Government mistakes and over reach with Covid... Leave Americans alone... go after insider traders and criminals... This is not Cuba, Russia, Venezuela, North Korea.. Dont forget that.. we have self determination... Please read the Constitution and the Bill of Rights... The Founding Fathers said leave the people alone... Stop your government over reach... Just pathetic...
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
I am perfectly capable of managing my own finances. I do not need or want regulations to limit how I manage my personal finances.
This is truly absurd. This is America. We have the right to purchase shares of any stock or ETF we want. Let people have the freedom to choose. We are not children. Everyone is responsible for the decisions they make. And those decisions are ours to make.