David Starks Comment On Regulatory Notice 22-08
It is important that as an investor that I get to choose what I invest in and not others blocking my way!
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It is important that as an investor that I get to choose what I invest in and not others blocking my way!
Please, leave the leveraged funds alone. These are much, much safer than a futures account. They are fantastic value for investors. Much less risk than futures.
I, as a investor, would like to have to freedom to trade ProShares UltraPro ETFs. Please do not introduce any limitations.
We should be able to risk our funds in whatever manner we choose, so long as we aren't risking money we don't have. I am strongly opposed to any restrictions of pro shares. I should be able to trade additional levels of risk, as any public investment, without additional requirements or restrictions. This is my freedom, and my right to choose to do with my money as I deem fit.
I should be able to choose the public investments that are right for my portfolio. I am capable of understanding leveraged and inverse funds and their risks/reward ratios. I do not need regulators to restrict accessibility.
I have had a tremendous amount of success with one of the funds that would be affected by this proposal.
I oppose any restrictions that allow me to invest! I should have a choice how to invest my money no one else. There are already enough regulations on my money!
I oppose restrictions on my right to invest, investors should have more choices on how they can invest their funds. These restrictions hurt investors more than they help, in fact,these restrictions help the wealthy while putting the average investor at a disadvantage.
I have been personally using leveraged and inverse ETFs in my personal investing portfolio. I feel confident that I can understand or learn how these vehicles work. I do not believe that regular citizens of this country should be legally blocked from using these tools based on official/regulated tests or levels of net worth.
Leveraged investments are a key part of my investment strategies. Especially leveraged ETFs are a critical component of hedging risk to manage risk adjusted returns in my portfolios. There are no other effective hedges available for small investors. I have a clear understanding of the volatility and of the risks.
I'm actually more surprised the governments doesn't propose these same strategies (tests, net worth, waiting period) for a new home buyer. They are clearly both more uninformed and are taking on greater net worth risks, with less education.
Freedom! Let normal people make the same money as you rich folks.