John Su Comment On Regulatory Notice 22-08
We strongly feel we should be able to choose what we can invest in. Leveraged funds are very important to small investors when we compete with professionals in Wall Street.
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We strongly feel we should be able to choose what we can invest in. Leveraged funds are very important to small investors when we compete with professionals in Wall Street.
I have over 20 years of investing/trading/option buying and selling experience and 10 years using leveraged funds. I am opposed to any investment restrictions. It is up to us individuals to manage our money properly, educate ourselves on investing, limit risk, and choose the right investment that fits our income or net worth. Some people may choose to gamble on high leverage investments, but these same people can also go to Las Vegas and put it all on black. Others, like myself, are very structured in how they invest and rely on the returns of higher leverage investments.
I should be able to choose the public investments that are right for me. I should not have to go through a process like passing a test before investing in leveraged and inverse funds. These are a limited but very important part of my portfolio.
Public investments should be available to all of the public, not just the privileged. Leveraged funds are efficient and make an important part of the complete prudent investment portfolio. Without them I will find more risky and less liquid assets.
I believe that these regulations do less to protect the "safety" of the average consumer then they do provide a considerable advantage in the markets for high net worth persons who have the resources to replicate these investments with their private money managers. If you want more equitable and safe markets then merely provide a education warning when trading these securities.
Dear Mr/Ms,
I oppose restrictions on buying and selling certain investments ie. leverage 2X, 3X and inverse funds.
The investor should be able to choose what
investment makes sense to him and give him flexibility for growth and protection. It should not be for accredited investors only. That is not fair since it robs the small/medium investor from participating in certain investments with upside and downside potential. Too many regulations is not the way to go.
Things are fine the way they are now, please do not change anything, Thanks.
I personally like to invest in to the leveraged and inverted public securities as for example TQQQ or SVXY. As an Investor I have right to choose what public securities to invest to. This new regulation is unacceptable!
I should be allowed to make my own choices with my own money. I am capable of making my own decisions with regards to my investments. How can we discuss limiting access to leveraged securities yet let people buy cars at 20% interest or walk into casinos?
I understand that people make investments that they are not qualified to understandbut that is up to them. If this is a free country, then that is a freedom you cant take away. My money and my investments are my decision alone. Dont try to legislate in favor of insiders who already have an advantage. If you want to regulate the markets, stop the front runners.
We need a level playing field. Period.