Patrick Hamm Comment On Regulatory Notice 22-08
To whom it may concern,
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To whom it may concern,
PLEASE do not restrict access to leveraged ETFs. I can take responsibility, as all adults should - and we do not need anyone to restrict our ability to choose investments that match our risk/reward profile. All stocks require knowing their risks before investing, and leveraged funds should be treated no different just because they might be more risky. Leveraged funds are an integral part of my investing strategy and portfolio.
I oppose any efforts to restrict investors right to purchase public investments.
Locking investors out of common investment products based on factors such as net worth imposes undue burden on investors and does little to provide protection for inexperienced investors. Those same people that are supposed to be protected by this can easily treat the market as a casino in a myriad of waysor just go to Vegas. Trying to restrict a broad section of the public is not the answer. Thanks
Crypto investment is extremely volatile. It is my risk, my reward. Don't touch what is not yours.
I, not regulartors, should be able to choose the public investments that are right for you and your family.
Public investments should be available to all of the public, not just the privileged.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected
Keep your nose off my cryptocurrency Garry Gensler
This is just to be able to make sure retail investors have even less power than they already have. Why would you want that? Without retail investors, the markets are dead. I am completely against this.
I feel 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.