Caleb Kirkeide Comment On Regulatory Notice 22-08
Leveraged ETFs make up a small share of my portfolio and I should be allowed to invest in them. It's condescending for FINRA to assume they know better than I what I should do with my money.
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Leveraged ETFs make up a small share of my portfolio and I should be allowed to invest in them. It's condescending for FINRA to assume they know better than I what I should do with my money.
In no way should regulation restrict my rights to invest as I see fit. Restrictions should only ever be placed upon those in public office who gain insider information. As an engineer, I am more than capable of making my own financial decisions regarding investing in public securities like leveraged and inverse funds. I do not need the government to tell me how to think, vote, invest, or protect myself (medically or physically).
I am capable of making my own investment decisions. I don't need the Nanny State telling me what I can and can't do with my money.
I wish to maintain our current freedom to invest in the public securities of my choosing.
thank you
Dear FINRA,
Why is it that you feel an obligation to restrict my right to invest into leveraged or inverse publicly traded funds??
Unfortunately the debacle your sister agency the FED has
created warrants the ability for an individual to be able to hedge an investment in the gambling casino called the stock
market. By further restricting my choice's handcuffs my ability to keep up with inflation & thereby making my money worth less over time. Paraphrasing a comment from the Woman's movement "My Money my Choice"!
I am opposed to any excess regulation of how adults choose to spend or invest their hard earned money. Big boys and girls understand the risks to investing without nanny state intervention. This proposed regulation is not needed. Please drop it from further consideration. Thank you.
The risks and benefits of leveraged ETFs are well known to investors. I should be able to invest in a product that I research and feel comfortable investing in. If we regulate leveraged etfs, what about regulating home purchasing (5x leverage) or the actions of Wall Street.. where large players can easily manipulate single stocks through short selling or otherwise?
Dont take away my ability to nvrst in leveraged ETFs.
Inverse funds are an important tool to any investor, and should be easily accessible. I oppose any additional restrictions to their availability.
Let freedom ring! Stop being tyrants! Our founding fathers would be ashamed of you!