Tony Vivi Comment On Regulatory Notice 22-08
Do not do this!
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Do not do this!
Liberal democrats like Nancy Pelosi seem to think they and their families should be the only ones that can make money. Keeping their constituents poor and giving handouts is their modus operandi, and I want no part of it. Please do not stop me from providing for my family how I see fit. Nobody prevents our democratic leaders from providing for their families. They seem to be immune from the regulations they enact.
Money belongs to the Individuals who earned it - and in this TERRIBLE Economy...... it's the average person who will never really have enough to sustain a decent Life. LET US INVEST AS MUCH AS WE DESIRE!
Imposing these new hurdles to accessing inverse and leveraged funds greatly reduces my ability to build aninvestment portfolio toward a healthy retirement and a nest egg so that I can build a family, speaking as a young person. As anyone familiar with the principle of life-cycle investing will tell you, investing aggressively as a young person is key to maximizing returns. Please reconsider these rules.
The tools of an investor to offset risk through the use of some of the inverse or short funds could substantially impact their ability to mitigate losses. Investors need to understand the risks involved in EVERY product, including publicly traded stocks. ALL investments carry risk, every single one. The Boards ability to define who is knowledgeable or not is overstepping their scope of regulation. YOU DO NOT have the authority to regulate an individual's tolerance for risk.
Leveraged and inverse funds are important to my investment strategies. I do not want to have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.
I do not want regulators choosing the publicly traded investments that are right for me.
Thank you for receiving my comments.
I am against you implementing your Notice #22-08 because it will prohibit me from buying instruments that go up as interest rates go up. Your notice not allow me to protect my extensive portfolio.
The public at large should be able to invest as they see fit. Saving some investments
for the rich is unfair to the general public.
Please do not regulate these Inverse funds! They are a vital part of my trading strategies! I understand the risks involved and I plan accordingly.
I am a big boy enough to make investment decisions without your intervention. On the other hand, I cant control the obvious manipulation from larger investment banks that continues unpunished in many of the markets FINRA is supposed to be monitoring. It would be appreciated if current regulations could be enforced instead of burdening retail investors. That would actually provide concrete protection.