Chris Sorenson Comment On Regulatory Notice 22-08
Regulators should limit their activities to preventing fraud and informing the public. Otherwise let people take responsibility for their own decision-making.
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Regulators should limit their activities to preventing fraud and informing the public. Otherwise let people take responsibility for their own decision-making.
Hello. I firmly oppose this FINRA Regulatory Notice. I am the one who should have agency in my financial decisions and it is not up to regulators to only let a certain subset of the population have access. Considering the fact that wealth is a factor, this is showing preferencial treatment for the wealthy and is completely unacceptable. In addition, I should not need to prove to regulators that I already understand the risks of my investments. I have my own risk tolerance and that should not be dictated to me by a third party.
To whom it may concern:
I am writing to express great concern that the FINRA policies under consideration will limit my access to leveraged and inverse funds.
These products are an important part of my investment strategy. With leveraged funds I have flexibility to invest without taking on debt, manage risks against rising or falling markets, and make personal investment decisions on hedging or using long or short-terms strategies.
We have the right to make our own decisions. Freedom of choice.
I, not regulators, should be able to choose public investments that are right for me. Why is it that investors such as Bill Hwang have access to unlimited amounts of leveraged derivatives through banks? How exactly is that fair to individual investors? This proposal will deprive individual investors of access to tooling that fund managers such as Hwang have access to and used to make substantial returns for themselves and their limited partners.
It's especially important regulators hear from you in your own words. Please use the body of this email to customize your response. Once I figure out how to get the money that it's invested I can plan to put the money where it belongs I'm planning on prospering the world not just myself God bless you
Stop acting like you're my mom and get [REDACTED] out of our lives. Get a real job that produces wealth for the economy instead of being parasite bureaucrats.
I'm a very sophisiticated investor. Manage a hedge fund. Went to the best schools. I understand the risks involved investing in these funds. Do not place restrictions. Thanks - Brad
It is my money to do with as I please. I have paid my taxes on it and met my obligations as a citizen, you should have no further interest in it. I wish to be left alone!
Ive invested in ProShares leveraged ETFs, particularly SSO, for so many years. These ETFs have provided a lot of flexibilities to me, and in a lot of cases, they helped reduce my investment risk as it freed up my capital and thus lowered my liquidity risk. I wouldnt simply categorize these ETFs as risky investments only because its leveraged, and thus I oppose the proposed investment limitation