Elon Felton Comment On Regulatory Notice 22-08
US STOCK MARKET IS DANGER IN ALL AREAS. YOU OVER PAID DIDOS ARE A BUNCH OF THE CAUSE
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US STOCK MARKET IS DANGER IN ALL AREAS. YOU OVER PAID DIDOS ARE A BUNCH OF THE CAUSE
Leveraged and inverse funds are one of the many investment tools that I use to match my risk profile and investment objectives. Reducing access or eliminating funds of this nature is nanny state overreach at its finest. I dont need you to tell me how to manage my household finances.
Investors should be able to use their funds to purchase products in the open market.
We would like to keep on investing in these specialized ETFs. For many they involve strategy and allow us to maximize returns
There is no reason that regulators should decide what a person can invest in. People are capable of making those decisions for themselves without government interference. The leveraged funds I invest in are a core part of my portfolio which offers ways to safeguard my portfolio.
where and how much people invest their money is their business no one else..period. this is more government overreach to tax and fund pet projects and has got to stop.
Here we have people not elected officials overstepping their jobs..these appointed people making rules and regs has got to end. GET OFF THE CITIZENS BACK TO PAY FOR BOGUS CRAP.
As a holder of inverse and leveraged products, I SUPPORT this measure, as ProShares and other financial services company prey on us individual, "retail" investors, and take advantage of our lack of knowledge through their own manipulation and complex wording. FINRA is on the side of the consumer, and even as a consumer who holds products that are in danger of being excluded, it is for the safety of the financial markets as a whole -- PROSHARES has NO INTEREST in educating its clients and ensuring they understand what they are investing in - they make more money the less we know.
Thank you for the opportunity to comment on this. I believe everyone should be free to invest in whatever manner they choose. The governments role should be to prevent fraud. Beyond that it is the investors choice to educate themselves and decide what risks are worth bearing. No agency should attempt to protect investors from any type of investment. In fact, what ends up happening is these protective measures end up being restrictions on the common person while large corporations and high net worth individuals enjoy the benefits of an open field.
Please let us have the access and enforce right training.