Junghyun Kim Comment On Regulatory Notice 22-08
I should be able to choose the public investments.Public investments should be available to all of the public, not just the privileged.
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I should be able to choose the public investments.Public investments should be available to all of the public, not just the privileged.
Leveraged and inverse funds are important to my investment strategies.
Don't you dare
Whatever information big institutions cane get should be available to all trader. It is fair market. Anyway to limit The trading right if average people poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
The last thing we need is more regulation. All trading is risky and cut throat. As an investor with a little less than one year of experience, I do not find inverse ETFs "complex" at all. Yes, they have issues such as decay over time, but overall they are easy to understand and one just has to watch them closely. My Fidelity account already made me accept a disclosure to trade with these funds and that is enough "regulation".
I do not want the government involved in anything pertaining to the public investing market. They mess up almost everything in which they are involved.
We, the voters and investors are quite aware of who supports our best interests and who doesn't. Politicians fighting against our ability to invest in cryptocurrency will be seeking new employment after the election.
Leveraged and inverse funds are important to my investment strategies.
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. Like any normal thinking person, I am capable of understanding what leveraged and inverse funds can do as well as their risks. I do not need your restrictive limitations imposed on me.
I not you regulators 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 few who can buy your votes with spare pocket change.
I am 80 years old and retired last Friday, living on Social Security and investment income. I do not want government regulators to say what I can and cannot invest in. The two inverse leveraged ETF positions I currently hold in my IRA are up 4.14% and 15.15% since purchase. The one inverse leveraged ETF position I have in my brokerage account is up 41.78% since purchase. In this down market, my entire 401K is invested a MetLife Stable Value Fund which is up 0.52% YTD. So, please do not tell me I do not know what I'm doing and please do not limit my freedom to invest.