Todd Wellborn Comment On Regulatory Notice 22-08
Excessive govt regulation is unnecessary. Current regulations are sufficient to protect investors. Caveat emptor.
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Excessive govt regulation is unnecessary. Current regulations are sufficient to protect investors. Caveat emptor.
Americans deserve the right to take risks. Currently Reddit traders can gamble on options which is much riskier than these funds.
That our prerogative to take risk and if we lose money thats part of investing.
We do not want or need this protection.
Focus on actual pump and dump frauds that are rampant across the industry or Cathie Wood promising 50% compounded annual returns on CNBC if you need to regulate something.
I oppose limitations on my investments.
DO NOT: Pass a regulator-imposed test of MY specialized investment knowledge
DO NOT: REQUIRE THAT I Demonstrate a high net worth
DO NOT: REQUIRE THAT I Get special approval from your broker
DO NOT: REQUIRE THAT I Attest to reading certain materials
DO NOT: REQUIRE THAT I Go through cooling off periods where you cant invest
It is my investors right to freely access the entirety of the public securities markets without arbitrary restrictions.
The risks with leveraged ETFs are very well accessible to the public. Investors have the right to take such decisions that result in a volatile portfolio. I may be a professional financial analyst, but leveraged ETFs should be available to anyone willing to learn and take the risks associated.
I oppose this proposal
A government of the people, by the people and for the people. Enough infringement.
I believe the market should be open to all, no matter how complex or easy. We need to be able to learn and be educated with the fundamental of money and finance.
I believe i should be able to choose the public investments that are right for me. Public investments should be available to all of the public and not just the privileged.
I shouldn't have to go through any special process
before I can invest in public securities. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
Stop trying to regulate retail investors. Information regarding these securities and other more complex investments is readily available. Nobody forces me to buy leveraged funds and the risks are well documented. You need to worry more about the investment whales that constantly manipulate the daily charts!!
I 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 have been investing in leveraged and inverse funds for more than decade and I am capable of understanding leveraged and inverse funds
and their risks. I do not