William Kirkpatrick Comment On Regulatory Notice 22-08
leave crypt alone. you ruin everything you touch
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leave crypt alone. you ruin everything you touch
This year, as as well as the year 2001, have shown us that stocks (primarily tech heavy stocks) can be hit especially hard with losses. Therefore, everyone who invests should be aware that huge losses can occur and it should be considered a gamble. This is especially true for leveraged and inverse funds. But for the person that has a disciplined approach, large gains can also be achieved. If in any year, the value of anyones investments drops significantly, I do not believe that any agency should be able to restrict their ability to recoup their losses.
I oppose any regulation restricting my right to invest in leveraged and inverse funds!
These tyrannical restrictions will only further to widen the gap between the elite rolling class and the average citizen. It's appalling that regulators would attempt to make nearly emotionally unavailable an avenue for investment that is already difficult enough to enter into without the financial backing and insider knowledge the elite class take for granted. We need less restriction from entering into investment opportunities, not more.
Leveraged funds are an important part of my investment strategy. Information on these funds and their risks are readily available to public investors. Restricting these funds to only a select few would be harmful to the general public.
I am an educated adult citizen. Please do not restrict my rights to invest as I see fit.
I oppose any restrictions on my rights to invest.
Dear Madam/Sir,
These are not complicated financial instruments instruments and vital to my trading policy.
Sir/Madam,
Please do not restrict my ability to make investments in the stock market however I choose to make them. By limiting my access to inverse and leveraged funds, you are effectively reducing my ability to improve the outlook for my retirement future. I am aware of the risks involved, but these risks are, in my mind, no greater than the risk already inherent in the market itself, but with a shorter timespan for profit or loss. As an investor, I am already well aware of that risk, and feel I do not need a government entity to take that opportunity away.