Nick Yun Comment On Regulatory Notice 22-08
Please let all investors to purchase leveraged products!
For the Public
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Please let all investors to purchase leveraged products!
I've been investing in leveraged and inverse ETFs for many years. I understand the risks and rewards. I hope that these investment choices remain open to all. Thank you.
Everyone who buys leveraged ETF's knows the risk. They should be available for all investors. Focus on already weathy people who commit acutal fraud.
I should be able to invest my money how I see fit without proving to the government that I know what I am doing. I know the risks mean that I can lose my money and I am willing to let that happen based on the rewards I might receive for taking those risks.
SEC, I do not want any existing opportunities that I can invest in or use for investing leverage to be limited in any way. Do not pass any laws limiting or regulating these opportunities. You need to concentrate on better regulating large institutions which eagerly and openly manipulate investments and markets, while claiming they do not. You work for us, American citizens, so protect us from them, not them from us. Thank you.
Dear Sirs:
I trade leveraged and inverse funds from time to time in order to protect my modest account. I oppose any regulation that would place obstacles in the way of trading these funds.
I am vehemently opposed to these regulations. All investors
should have the right to buy any available public investment without you deciding who is rich enough or smart enough to purchase these funds. Please allow people to make their own decisions and let them be accountable for the results of their decisions without the governments assistance.
I do not want your investment help in telling me what I can buy and what is off limits. I know how to read and have and would like to continue to have the right to make my own decisions.
Please do not limit our ability to invest in these products. With proper risk control, they can be great vehicles.
We do not want our investment Orions restricted arbitrarily by the government.
I oppose the proposed rule regarding increased restrictions on trading certain funds / securities. I, and other members of the public, am capable of making investment decisions and can suitably analyze the benefits / drawbacks to various investments. Taking risks is a fundamental part of the human experience, and placing further limits on the kinds of people who can trade certain products will reduce the long-term return profile for many people.