Steve M Comment On Regulatory Notice 22-08
Comments: People should be able to trade what ever instruments they choose to
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Comments: People should be able to trade what ever instruments they choose to
Please do not limit my ability to buy leveraged and inverse funds.
Please dont do this.
1:1 inverse funds are one of the very few remaining tools available to individual investors today that can help even the odds and improve market performance. Depriving investors of their right to access these funds would hurt the very people you're intending to help.
The investing public should be free to choose investments on their own, rather than having access controlled by a cabal of privileged insiders and market players.
Leave our investment choices out of the hands of regulators!! I should be able to choose to invest in whatever I want to invest in. I say NO to the FINRA Regulatory notice!
I do not agree with anyone deciding for me what I can and cant invest in I think it should be up to each individual just like I choose if I want to drink soda or candy which everyone can agree is unhealthy I feel the same regarding my money if I choose to invest at 10x leverage its up to me we should not have to go through any tests to be eligible just as it is when I buy soda
I would like to trade leveraged and inverse funds.
We should have our own choice of investment
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
I urge you NOT to restrict ordinary investors from trading leveraged and inverse ETFs for the following reasons:
1. Inverse and inverse leveraged ETFs are often the only vehicles available to ordinary investors to hedge their cash and retirement accounts in a down market, or even to profit from down markets. Wealthy investors have many means to do this. Taking these products away from ordinary investors puts them at an unfair disadvantage.