Matthew Peters Comment On Regulatory Notice 22-08
I oppose these proposed rules because I, not regulators, should be able to choose the investments that are right for me and my familys future.
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I oppose these proposed rules because I, not regulators, should be able to choose the investments that are right for me and my familys future.
No one needs this to be regulated.. some people would prefer not to use inverse funds rather than options.
Your job is not to protect us from these vehicles. I use inverse etfs and have for the last 15 years. They are a productive tool.
I oppose restrictions on my right to trade as I see fit. We are already vastly over-regulated, and the only interests you are trying to protect are your own.
Does nothing but hurt the small investors. Makes sense tho can't have people getting rich that are poor FINRA is nothing more then a cartel run by billionaire companies
I know what I do. I should have the freedom to trade the ETFs (LEVERAGED AND INVERSE FUNDS) which I through are suitable. These ETFs are very convenient and no investment barrier for the me.
If one day I lost such investment chances in US, I would move my money to other country which is more friendly to retail investors.
Leveraged ETFs, including inverse funds are an important tool to everyday retail investors to hedge their assets and to increase their chances for successful investing and trading. These funds give the small investor an opportunity to compete with the big brokerage firms in a highly manipulated market, often fueled by high frequency trading of stocks, bonds, and options. I strongly reject the arguments that regulating these funds and requiring tests (probably written by the same high frequency traders) to determine eligibility will benefit the individual inverstor.
Dear Sir:
I am writing you to oppose restrictions to my right to invest.
Please let people hv choices in America .
I wholeheartedly disagree with any regulations that restrict my right to purchase leveraged investments. As a licensed CPA, with a Bachelors and Masters degree, working in a corporate finance department, I find it outlandish to propose such a policy that will limit the access of public investments to others due to the risk entailed (which is disclosed by brokers) or due to ones net worth. Net worth requirements that result in the restrictions of public investments are discriminatory. Investments have changed my life. Compounding interest has changed my life.
I'm sure these restrictions on personal investments are all the rage in Cuba, Venezuela, Russia and China. Yes, many Americans are losing money. We don't need our government telling Americans what we can invest in. Better to lose some money than our freedoms. When investors tire of losing money they will invest in other things. Let the market find it's own level. Adam Smith wrote of the "invisible hand" on the markets. Let that hand do it's job. Keep the government regulators hands off of our economic freedoms. Milton Rush [REDACTED]