Min Zhang Comment On Regulatory Notice 22-08
Leveraged and inverse funds are important to my investment strategies. I need to use it for hedging.
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Leveraged and inverse funds are important to my investment strategies. I need to use it for hedging.
As a retail investor, I should be free to invest in any public securities with my funds as I see fit. Government restriction of individual investors serves only to increase the wealth gap between most Americans and the ultra-wealthy. Leveraged and inverse funds provide access to financial instruments that would otherwise be available only within specialized circles of millionaires, billionaires, and hedge funds, etc.
Thank you for the opportunity to comment on the proposed changes to "Complex Products" like L&I Funds, etc. Apparently once again the government thinks that all Americans are idiots. Concern that investors may be "confused" by "complex products" - I find this attitude highly offensive. I would very much prefer that you leave things as they are.
Hi I don't have a high net worth but enjoy being able to make decisions on my investments like someone who does. Most of the time persons who aren't wealthy don't get included in decisions such as these so I really appreciate being able to direct my investing how I want to, and having a voice. Therefore, I am against these regulations and would like to have a wide autonomy with how I invest my money. I also don't like the cooling periods or needing to get special approval from a broker. That sounds backwards!
I don't agree with this regulation. If you want to restrict the risk, why do you stop for option trading? Also many penny stocks and starting company stocks are more volatile and risky than leverage stocks. Investors need to have variant ways to trade to make profits and hedges. There is no way to regulate our freedom of trading.
It is outrageous that government bureaucrats would think that they have a 'right' to judge when and if a citizen can buy a product! Didn't you learn from the Obama healthcare debacle that you CAN'T DO THAT!
I have a right to invest in whatever legitimate business I see fit. Back off with this nanny-state nonsense. Let me lose my money... or cash in ... as I see fit.
There is a venerable old saying that goes something like this:
Protect men from the effects of folly and fill the world with fools.
Everyone should have the rights to buy and sell securities/ETF's just like any major institution. Considering the blatant and glairing market manipulation that has occurred in the past two years bye high net worth individuals and major institutions. Everyone should have equal access as this is what our country is predicated on.
Even as a high-net-worth investor, if this law passes it will severely restrict my access to these types of products, especially inside of my retirement accounts. This would result in a significant negative impact to my future investment flexibility and effectiveness.