Anita Marshall Comment On Regulatory Notice 22-08
Please do not limit my investments.
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Please do not limit my investments.
Hi,
I have successfully used leveraged and inverse funds to grow my portfolio over the last 7+ years.
This has been through Rollover IRA , Roth IRA and individual account.
This gives the individual investor the ability to grow their capital at a faster pace and keep abreast with large institutional investors.
Please allow us to be able to invest in these Leveraged and inverse funds.
I oppose limiting my ability to trade leveraged funds by regulations. I would like to have a choice to trade them or not.
Thank you for considering my opinion.
Please do not prohibit my ability to invest in leveraged and inverse funds. These represent a critical ability for me to generate superior risk-adjusted returns, and limit my downside. My 25 years of experience with investing has prepared me well to use these instruments. I don't want your protections, I don't need your protections. Your protections will hurt me. Your protections will financially damage me. The true risk here is unneeded and undesired FINRA regulations, not the funds.
I oppose FINRA regulations as it is a FREE market investment environment and should not be regulated. This limitations on your investments will create a great missing on my investment rewards.
It's our money. We can do what we want with it, including use it to dump unwise regulators and stupid regulations.
Dear Sirs,
I do not want or need regulators to impose restrictions on my ability to use leveraged and inverse funds to support my investment strategies. I understand complexity and risks involved with such investments and have used them successfully.
I have been inviting in the market for 20 some years now. I use them exclusively to enhance my returns. In addition, I only use them when my research has shown me that the market is sustainable for their use. They are only a limited part of my investment portfolio.
Let the customer & broker decide if these instruments are appropriate. One size fits all will cost investors.
Leveraged funds have been an important part of my investment strategy for many years. I use them to easily increase market exposure during the many months of market up trends, to seek enhanced returns, and to decrease exposure when the market is overpriced and during downtrends. I am very capable of understanding leveraged and inverse funds and their risks. I do not need or want any additional regulations imposed on me and the use of these funds.
This rule would take valuable tools out of the hands of everyday investors, limiting them to the wealthy and corporations. This doesn't help anyone; it takes the tools away from them which help them succeed. This rule is shameful and antithetical to financial freedom.