Michael Bost Comment On Regulatory Notice 22-08
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
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I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I use leveraged ETFs for all of my trading and have never had an issue. I fully understand what I'm doing and by taking this away you would be limited my ability to trade to make my annual income
Comments: i think leveraged ETFs is a safer investment then a lot of other things on the market. Futures and crypto is much more riskier. I think anybody should get the opportunity to trade leveraged ETFs
The stock market is in a difficult situation now because of war and inflation. After May 4th, the stock market is expected to rise in the short term. There have been many difficulties this year, but I think it will recover a lot.I oppose restrictions on my right to invest in public investments.
Please do not restrict trading on leveraged or any ETFs.
I like leverage fund for trading, it helped me to make more money.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Please STOP! You are removing investor freedoms and we have had enough already. Investors learn through experience not increased regulation.
Eliminating investors' ability to invest in leveraged products will hurt with its implementation as it would force investors out when they may be at a significant loss in their portfolio. If I'm down 10% say, will you make up the difference? Even if you set a date that the funds will close or access to the funds restricted could limit my ability to get a decent price for my investment. Sorry, but this should have been decided prior to opening of the funds.
Dear sirs at FINRA
With regards to notice #22-08, I would like to voice my strong objection to this proposed regulation. I believe the instruments being targeted by this regulatory framework are no more complex or inherently risky than any others I typically invest in. If they are in any way, I'm an adult and able to decide for myself which risks I'm willing to take or not. Particularly, I don't see how it's your business to regulate what products I can or can't invest in.