Robert Feyh Comment On Regulatory Notice 22-08
I should have the freedom to invest however i like and in whatever is legal
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I should have the freedom to invest however i like and in whatever is legal
- I should be able to choose the public investments that are right for me and my family. 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 I can invest in public securities. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed upon me.
To FINRA employees,
I adamantly oppose this discriminatory regulatory restriction to my, and any other American citizens, right to invest. The top 3% of wealth is managed, controlled and available only to rich, white privileged men who usually were gifted start up funding for their investments.
I am opposed to regulating my use of leveraged or inverse correlated funds.
I use leveraged funds to enhance my returns and hedges and consider the ability to do this important to my retirement. I have paid large sums of money for life long access to research and recommendations, some if which would no longer be available to me should such a restricting regulation be enacted.
I do not want a regulator to mandate rules to prevent me from investing TQQQ, SQQQ or other leveraged funds. I am fully capable to decide how much I desire to put at risk.
Dear regulators,
We need less governmental regulations in our lives today. Not more. The common people like myself should have the ability to invest in all kinds of public securities and leveraged funds just like the high net worth guys.
I am already at a disadvantage. I have no lawyers that spend all their time working for me to avoid paying my taxes. So when I have the opportunity to gain some leverage, or hedge against market directions, that is a bonus. That doesn't happen very often.
I oppose any restriction on my right to invest in anything I want. Stat out of my business.
I do not agree at all with restrictions on leveraged and inverse ETFs. I have made money and lost money investing. I full well realize the risk I am taking and know that I can lose it all. I shouldnt be restricted from taking that risk if I believe it is a good investment.
Leveraged and inverse funds are important to my investment strategies. I need to use it for hedging.