Edward Collins Comment On Regulatory Notice 22-08
PLS LEAVE INVERSE FUNDS ALONE SO THE HIGH NETWORTH INVERSTOR CAN USE THEM IN THERE PORTFOLIO
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PLS LEAVE INVERSE FUNDS ALONE SO THE HIGH NETWORTH INVERSTOR CAN USE THEM IN THERE PORTFOLIO
I use leveraged funds in a methodical manner as part of my investing strategy. I fully understand the risks associated with leveraged investments and DO NOT believe the government has any right to regulate investment products. It is my personal choice to incorporate leveraged funds as part of my wealth building strategy and I desire to continue to use them. If you must regulate investments, regulate the inside information and trading the government officials use to obtain significant wealth- Don't regulate my leveraged fund option.
Thank you for finally passing such sensible legislation. Nobody needs to invest in these high-risk financial concoctions that don't represent anything of real value. The sooner that we close these loopholes, the better.
America's wealthiest can get wealthier by investing in people and companies, not 'financial instruments'.
Investing should not be a privilege, nor should the government serve as gatekeepers to the investing world. Investing is the only way to secure future wealth and financial security. Anyone should be able to invest, regardless of education, net worth, etc.
Hi, I was really disturbed to hear that unreasonable regulations may be imposed on certain types of leveraged investments. This is a massive overreach that prevents people from taking control of their own portfolios and making personal decisions that can significantly boost retirement funds and savings. We are not children - we understand all investments involve risks, and it is up to each and every investor to do the appropriate research and decide what to do with their money. That is a freedom anyone should have.
This is my money. I not regulators should be able to choose the public investments that are right for my and my family.
Public investments should be available to all of the public,
not just the privileged. Leveraged and inverse funds are important to my investment strategies
The industry is over regulated already and investors are capable of determining how to use investment products to achieve their goals.
Hi Finra,
I am concerned that the regulators would curtail the publics ability to protect the downside or enhance the upside of market movements for some investors but allow those same products for others. That is a two-tiered system and runs counter to the free and open market that is essential to allowing all investors to invest on an even playing field.
This attack on the individual investor seems to occur anytime the stock markets drop 10% or more. It seems FINRA looks for a scape goat and acts out to attack us by trying to destroy opportunity and product selection. They don't seem to understand the true reason why the stock market so elevated and due for a greater fall. The Federal Reserve illegally violated the Federal Reserve Act, Section 13, in 2020, with a dangerous intervention into broad-based purchase of corporate bond purchases.