Scott Moehlis Comment On Regulatory Notice 22-08
I feel 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.
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I feel 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.
(a) Leveraged and inverse funds allow small retail investor like me to hedge/ protect against the massive swing we are having in the market due to the tremendous leverage available to hedge/ institutional funds
(b) We understand that there are fees/ costs and risks associated with these leverage and inverse funds, but it is better to have them, than not!
Retired experienced investors citizens, like myself, resort to investments in the market to complement their income. Government interference may negatively affect my ability to provide the means to protect and care for my family. Please, do not make our difficult life worse. Thank you.
The proposed regulation is ridiculous!!!
I am opposition to such extreme regulation on my ability to purchase leveraged funds.
This is radical and unprecedented threat by regulators and could affect my right to buy dozens of popular public investments, including leveraged and inverse funds.
I Vote NO to this regulation on my rights to invest unhindered!!
Several Comments on FINRA Notice #22-08: 1) I understand exactly what inverse and leveraged funds are and do not wish to be burdened by any type of special process that delays or restricts my ability to invest in such funds. 2) I can choose for myself what investments are right for me and do not want any regulations that would restrict my choice to do so in any way while potentially letting others invest in such securities. It's a matter of fairness to all market participants.
What I do with my money is my choice. It is an overreach to tell me what I can and can't invest in.
Please do NOT restrict investing in leveraged funds.
If restrictions are put in place and I am forced to sell a stock at a loss, that loss will be replaced by those that vote for it.
Do not push this bill through unless you have millions of dollars to pay back your constituents if there are any losses that occurred from forcing them to sell their shares.
I oppose restrictions to my right to invest in TQQQ, SQQQ and other leveraged products. I have been investing in these products for years and they are no more risky that any other stocks in the market. Anybody trading in the market has to understand that there is risk involved and chooses to take that risk...regulators should not try to babysit investors by trying to tell them which stock or fund they should or should not invest in.
Please leave my investments to me and my family. You should have no say in my financial positions.
In a free market people are allowed to short the market. Inverse ETFs are a much-needed product for people who don't want to use margin and don't want to short and want to leave it to the professionals to short. Free markets go up and down and any investor or Trader should have the ability to buy and sell based on technical analysis.
please, leave it as is, do not make our lives harder!! these instruments give us some kind of security when markets are falling. It's important for me to have this opportunity to invest in these instruments, it can save me a lot and make a profit and from profit I pay taxes which is good for country. So everyone wins!