Michael Harrington Comment On Regulatory Notice 22-08
Comments:I find leverage ETFs to be a valuable tools to my financial plan. It allows me to take a stronger position than I normally can
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Comments:I find leverage ETFs to be a valuable tools to my financial plan. It allows me to take a stronger position than I normally can
I have been using leveraged and inverse funds in my IRA accounts for many years and you should not have the right to take that away. I should be the only one who makes that decision.
I am extremely disappointed that limiting our investments in leverage/inverse products is even being considered. I have invested in these products for years. The idea of a bureaucratic determination of the complexity of an investment, of which these are not, seems to be overly vague, unconstitutional and violative of our civil rights. Please note my strong opposition to any proposal to limit our rights of investment opportunities in leveraged and inverse shares.
I am vehemently opposed to restrictions to my right to invest in any and all leveraged and inverse trading funds.
People should be allow to invest in legal financial products of their own choosing.
We don't need more of the nanny state trying to protect us, especially as the federal government creates property and stock market bubbles with their insane federal reserve policies. Perhaps your time would be better spent worrying about the fact the govt is bankrupting the country instead of hand holding investors. Let the free market work. We already get plenty of notification of the potential for loss investing in these leveraged fund products - we don't need the rest of your hand holding..
Please give individual investors choices and don't need measures imposed on us!!!!
I am writing to state that 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 I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Dear regulators, I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am
capable of understanding leveraged and inverse funds
and their risks. I do not
need these measures imposed on me. Thanks! Shankang Qu
With almost 50 years investing in the market including in sp futures I am appalled that such restrictions on my trading leveraged or inverse funds in an insult to my intelligence.