Kary Guan Comment On Regulatory Notice 22-08
It poses a severe threat towards market fairness. Traders or investors should be able to freely choose whatever products that fit their trading strategies.
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It poses a severe threat towards market fairness. Traders or investors should be able to freely choose whatever products that fit their trading strategies.
I may not be the smartest investor. That does not give you the right to take away my ability to make investments.
Ban max pain and other blatant derivative manipulation instead. These etfs are great.
I have been managing my own investments for 35 years. I was trained at the graduate level to do this, but was never employed in the financial services industry.
Leveraged and inverse, open and closed funds, are useful instruments. In appropriate circumstances, I use these instruments. They are especially helpful for generating routine income (in retirement) and setting up hedges.
Leveraged and inverse funds are important to my investment strategy. As someone who cannot invest a large portion of my income, these funds give me the leverage I need to maintain an appropriate growth rate to be able to retire in the future. I have been investing in these types of funds for years and am well associated with the risks. I did dozens of hours of research before I ever invested a penny in them. I am especially opposed to the "cool off periods" and demonstration of high net worth to trade these securities.
I am in control of the decisions regarding my investments. Do not take that away from me. I understand the risks associated with each investment and am capable of deciding whether they are appropriate for me and my family.
I believe everyone should have a choice in choosing right investment for themselves instead of regulators and government. There should be no special unnecessary processes to purchase leveraged and inverse funds. We do not need any measurements imposed on us!
Leveraged and inverse funds are important to my
investment strategies. I should be able to choose the investment strategies that are right for me. I am quite capable of understanding leveraged and inverse funds as well as their associated risks and benefits. These investments should be available to the public, not just the privileged.
I believe that public investments should be available to public and I should not have to go through any special process. Leveraged and inverse funds are important to my family. They protect my investments and seek reasonable returns. I should have the right and freedom to choose the investments. Thank you.