James Gosnell Comment On Regulatory Notice 22-08
Complex investments is a substantial way I earn money for my family. Leave our livelihood alone! Stop the government overreach! I don't need the government restricting our means of life!
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Complex investments is a substantial way I earn money for my family. Leave our livelihood alone! Stop the government overreach! I don't need the government restricting our means of life!
a seasoned investor with financial means should have the right to freely access the entirety of the public securities markets without arbitrary restrictions...my freedoms should not be restricted by finra or any other regulatory body...
Investors should be able to choose what they want to invest in not the regulators. Investors who don't understand the markets have many options to choose from.
I oppose any regulation on leverage ETFs !!!
No restrictions on my right to invest. I shouldn't have to go through any special process like passing a test before I can invest in public securities, leveraged and inverse funds.
I bought my ProShares positions anticipating a large market correction. I have lost money over the 18-24 months but have chosen to hold the positions because I do believe the crash will occur. In the past I used puts but have always been to early and they expired. My reason for ProShares purchases was because I did not want to have to be right on direction AND timing. I would expect ProShares to reimburse me for any losses if I am forced to sell my positions as it seems we are getting close to a correction.
To whom it may concern (FINRA Regulation):
I am writing regarding pending regulation(s) that are or may be under consideration that may restrict, limit or eliminate the ability of individual investors to buy and sell inverse and leveraged mutual/exchange traded funds. I am writing to voice my opinion on this matter.
Regulators need to stop getting in the way of what they perceive as "risky" investments. With the internet age being in full swing, the general public is more informed than ever about investments. They can protect themselves about investment climates. It would be unfair to not let the general public being able to invest in the same instruments any other entity may be able to invest in. Keep the playing field even and stop kowtowing to the big dogs in the economy. We need to continue to have a free market in the United States of America...not a fascist one.
Leverage is a key part of my investment strategy. Leverage can be done using options contracts, but I do not have the capital to buy the options contracts necessary to reach my goals. I am a college student investing with money that I could afford to lose, so it would be a shame if leveraged and inverse ETFs are removed so that only high net worth individuals can profit off of their insights.
I DO NOT WANT REGULATORS TELLING ME WHAT I CAN AND CANNOT INVEST IN, I AM RESPONSIBLE FOR MY OWN SUCCESS AND FAILURE. KEEP [REDACTED] OUT OF THE WAY!