Juliet Chu Comment On Regulatory Notice 22-08
I have been invested for many years. I have the experience and risk tolerance in selecting ETF and mutual funds for my objectives.
Don't take this away from me and other investors.
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I have been invested for many years. I have the experience and risk tolerance in selecting ETF and mutual funds for my objectives.
Don't take this away from me and other investors.
Please support a free market.
I have been doing my own investing for over fifty years, and for much of that time was frustrated by the restrictions placed on my retirement savings, especially the inability to buy individual stocks rather than mutual funds. Having finally escaped those regulations after retirement I do not want to be told that I am not sophisticated enough to use mutual funds and etf's if they are 'complicated' or 'risk.' I use leveraged and inverse funds to avoid risk, be it inflation, higher interest rates, currency weakness, or stock market declines.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST ON LEVERAGED INVESTMENTS
I, not regulators, 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 you can invest in public securities, like leveraged and inverse funds.
I understand leveraged and inverse funds and their risks. I do not need these measures imposed on me.
passing this regulation would seriously limit the free market and is simply not right.
Please preserve my rights to choose the investments that are right fire me. I fully understand leveraged and inverse funds and use them continually to out pace the market with my investments. What more can I say!
I ( not the regulators)should be able to choose the public investments that are right for me& my family. Public investments should be available to all of the public , not just the privileged.
I am capable of understanding leveraged & inverse funds & their risks. I do not need these measures imposed on me.
Leveraged funds are important to my investment strategy. I only use them as a limited part of my overall portfolio.
I have a very modest portfolio of funds for my retirement and over the past ten years, the use of leveraged funds has benefited me greatly so that my retirement dreams may finally come true. I have a salary that would have otherwise not allowed me to retire.
Please do not ban the sake of these leveraged products. The individual investor wants to be in control of their own decisions and these products are helpful to hedge.
Me not regulators 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 use TECL on a regular basis. I am not a sophisticated investor but I am still capable of being responsible for my own investments. Please do not over regulate